BRF
VanEck Brazil Small-Cap ETF
BRF
VanEck Brazil Small-Cap ETF
-
NAV
$16.69
as of June 05, 2023 -
YTD RETURNS
22.38%
as of June 05, 2023 -
Total Net Assets
$31.70M
as of June 05, 2023 -
Gross Expense Ratio
0.90% -
Net Expense Ratio
0.66% -
Inception Date
05/12/2009
BRF Fees & Expenses: Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses) from exceeding 0.59% of the Fund's average daily net assets per year until at least May 1, 2024. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".
Fund Description
VanEck Brazil Small-Cap ETF (BRF®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Brazil Small-Cap Index (MVBRFTR), which includes securities of small capitalization companies that are incorporated in Brazil or that are incorporated outside of Brazil but have at least 50% of their revenues/related assets in Brazil.
Overview
Fund Highlights
- Small Cap Focus
Small caps may offer greater exposure to domestic growth, less exposure to global cyclicals
- Largest Economy in Latin America
Brazil has a vibrant economy with favorable demographics; nearly 40% of the population are under the age of 25
- Pure Play
Companies must be incorporated in, or derive at least 50% of total revenues from Brazil to be added to the index
Brazil Beckons with Low Valuations and Growth Potential