Key stats
About VanEck Brazil Small-Cap ETF
Home page
Inception date
May 12, 2009
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
BRF tracks the performance of the MVIS Brazil Small-Cap Index and employs a different take on the small cap space. Its unique pure-play approach targets 100% of the investable universe with at least 25 names and includes non-local companies that generate at least 50% of their revenues in Brazil, in addition to its local exposure. While it does not provide a particularly tight fit to our chosen benchmark, its size, sector, and valuation tilts are, at most, moderate. Constituents are ranked and weighted by market capitalization with an 8% capping scheme on a single security to ensure diversification. Index reviews occur on a semi-annual basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks93.39%
Finance21.34%
Producer Manufacturing11.22%
Process Industries7.06%
Commercial Services6.64%
Energy Minerals6.54%
Transportation6.23%
Consumer Non-Durables5.92%
Utilities5.87%
Non-Energy Minerals4.87%
Health Services3.95%
Consumer Services3.52%
Retail Trade2.84%
Technology Services2.20%
Consumer Durables2.14%
Distribution Services1.05%
Communications0.81%
Electronic Technology0.40%
Industrial Services0.30%
Miscellaneous0.27%
Health Technology0.22%
Bonds, Cash & Other6.61%
UNIT6.38%
Cash0.22%
Miscellaneous0.01%
Stock breakdown by region
Latin America88.25%
Asia3.89%
North America3.30%
Europe1.96%
Oceania1.79%
Middle East0.81%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history