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
Stocks93.47%
Finance21.35%
Producer Manufacturing11.40%
Process Industries6.80%
Energy Minerals6.65%
Commercial Services6.29%
Transportation6.11%
Consumer Non-Durables5.90%
Utilities5.74%
Non-Energy Minerals5.08%
Health Services3.95%
Consumer Services3.52%
Retail Trade2.75%
Technology Services2.54%
Consumer Durables2.35%
Distribution Services0.98%
Communications0.85%
Electronic Technology0.40%
Industrial Services0.32%
Miscellaneous0.31%
Health Technology0.21%
Bonds, Cash & Other6.53%
UNIT6.44%
Cash0.09%
Miscellaneous0.01%
Stock breakdown by region
Latin America88.26%
Asia3.73%
North America3.42%
Europe2.13%
Oceania1.61%
Middle East0.85%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history