Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

Brazil Small-Cap ETF BRF

  • Full Name: Market Vectors®
    Brazil Small-Cap ETF (BRF®)

    Management Style: Replication

    Underlying Index: Market Vectors® Brazil Small-Cap Index (MVBRFTR)

    Index Description: MVBRFTR is a rules-based, modified market capitalization-weighted, float adjusted index comprised of publicly traded small-capitalization companies that are domiciled and primarily listed in Brazil or that generate the majority of their revenues in Brazil.

  •  
     

    • Fund Ticker

      BRF
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      MVBRFTR
    • Index Provider

      Market Vectors Index Solutions
    • Total Net Assets

      302188835.79000000
    • Shares Outstanding

      8,950,000
    • Number of Holdings

      74
    • Commencement Date

      05/12/2009
  •  
    as of 06/18/13

  • Key Points

    Small Caps—the Real Brazil 
    A concentrated play on domestic investment themes, such as home building and consumer goods
    Not Dominated by Commodities/Materials 
    As compared to competing products/indices
    Pure Play 
    Index constituents must be domiciled and primarily listed on an exchange in Brazil, or generate at least 50% of revenues in Brazil
     
  • Trading Information

    • Fund Ticker

      BRF
    • Index Total Return Ticker

      MVBRFTR
    • NAV

      BRFNV
    • Intraday NAV (IIV)4

      BRFIV
    • Shares Outstanding

      8,950,000
    • Estimated Cash

      BRFEU
    • Total Cash

      BRFTC
    • CUSIP

      57060U613
    • ISIN

      US57060U6139
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.14%
    • Gross Expense Ratio

      0.64%
    • Fee Waivers and
      Expense Reimbursement

      (0.04)%
    • Net Expense Ratio

      0.60%
    2 Expenses for BRF are capped contractually at 0.59% until at least May 1, 2014. Cap excludes certain expenses, such as interest. See Important Disclosure for more information.
  • Prices as of 04/15/2014

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    BRF $28.81
    $28.96
    109,705
    59,292
    $-0.59 / -2.0%
    $-0.52 / -1.8%
    - 2.7%
    - 2.2%

    $0.15
    0.53%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/12/09
    BRF (NAV) 5.14 -3.22 -3.22 -27.92 -15.36 -- -- 8.13
    BRF (Share Price) 4.95 -2.64 -2.64 -27.21 -15.68 -- -- 8.26
    MVBRFTR (Index) 5.12 -2.88 -2.88 -27.36 -14.68 -- -- 8.89
    Performance Differential (NAV - Index) 0.02 -0.34 -0.34 -0.56 -0.68 -- -- -0.76
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/12/09
    BRF (NAV) 5.14 -3.22 -3.22 -27.92 -15.36 -- -- 8.13
    BRF (Share Price) 4.95 -2.64 -2.64 -27.21 -15.68 -- -- 8.26
    MVBRFTR (Index) 5.12 -2.88 -2.88 -27.36 -14.68 -- -- 8.89
    Performance Differential (NAV - Index) 0.02 -0.34 -0.34 -0.56 -0.68 -- -- -0.76
  • View All Holdings » Top 10 Holdings (%) as of 03/31/14

    Total Holdings: 76
    Holding Name
    Ticker
    Shares Market Value
    (US$)
    % of Net
    Assets
    Sul America Sa
    SULA11 BZ
    897,818
    6,054,305 3.52
    Mills Estruturas E Servicos De
    MILS3 BZ
    480,500
    5,989,273 3.49
    Fii Btg Pactual Corporate Office Fund
    BRCR11 BZ
    103,602
    5,849,929 3.40
    Odontoprev Sa
    ODPV3 BZ
    1,431,650
    5,699,893 3.32
    Ez Tec Empreendimentos E Participacoes
    EZTC3 BZ
    448,150
    5,559,904 3.24
    Alupar Investimento Sa
    ALUP11 BZ
    673,450
    5,321,709 3.10
    Cia De Saneamento De Minas Gerais-Copas
    CSMG3 BZ
    315,400
    5,105,271 2.97
    Mrv Engenharia E Participacoes Sa
    MRVE3 BZ
    1,186,000
    4,228,621 2.46
    Sao Martinho Sa
    SMTO3 BZ
    297,800
    4,068,665 2.37
    Valid Solucoes E Servicos De S
    VLID3 BZ
    263,750
    4,068,422 2.37
    Top 10 Total (%) 30.24
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 03/31/14

    • Country

      % of Net Assets
    • BRAZIL

      96.3
    • AUSTRALIA

      1.2
    • ITALY

      1.1
    • U.S.

      0.8
    • Other

      0.6
    • Total

      100.0
  • Sector Weightings (%)
    as of 03/31/14

    • Sector

      % of Net Assets
    • Consumer Discretionary

      34.3
    • Financials

      14.1
    • Industrials

      14.0
    • Utilities

      12.8
    • Consumer Staples

      7.2
    • Health Care

      4.8
    • n/a

      3.4
    • Materials

      3.3
    • Information Technology

      3.2
    • Energy

      2.1
    • Telecommunication Services

      0.1
    • Other

      0.6
    • Total

      99.9