ETF BDRs (Brazilian Depository Receipts)

The VanEck Approach

Collectively, our ETF development is driven by market selection and index construction based on investability, liquidity, diversity and transparency.

• We launched our ETF business in 2006, with the U.S.’s first gold mining ETF.
• Today, our ETF offerings provide flexibility and access to global equity, smart beta, fixed income, commodities and hard assets markets.
• Our ETFs have received multiple awards and accolades from highly respected industry publications such as ETF.com and Fund Intelligence.

Why now?

As the market recovers and conditions normalize, investors will encounter a willingness or need to reengage with their portfolios. ETFs should be a key component of a well-diversified portfolio, as they offer specific benefits to investors.

1. Transparency. Underlying ETF holdings are generally disclosed in full on a daily basis, and share prices are updated in real-time time. Investors can gain up-to-date insight into their range of exposures, which can empower more informed asset allocation decisions.
2. Local Currency. There is no need to invest abroad; settlement in Reais (R$). As of August 2020, the purchase of BDRs has been expanded for individual investors to a minimum investment of around R$100.
3. Ease of Negotiation. Direct trading in B3 reduces the operational load and alpha impact of the settlement of individual managers/ physical holdings.
4. Exchange Trading. Low administration rates while trading on the Brazilian stock exchange.
5. Diversification. Increased diversification and access to different markets not represented in the Brazilian stock exchange. Investors can quickly gain access to different asset classes, geographic regions, sectors, or strategies, from niche to broad.