Bringing you live news and features since 2006 

Brazil flag

Market Vectors Brazil Small-Cap ETF reaches USD1bn in assets


The Market Vectors Brazil Small-Cap ETF, distributed by Van Eck Global, has reached USD1bn in assets.

The fund was the first ETF listed in the US to focus on Brazilian small-cap stocks.

It seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Brazil Small-Cap Index, a basket of 61 securities of small-capitalisation companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50 per cent of revenues in Brazil.

The fund seeks to provide investors with exposure to Brazil’s domestic investment themes and opportunities, such as the growth potential in the country’s homebuilding and consumer goods sectors.

“BRF has appealed to investors looking for a different type of exposure to Brazil’s local economy,” says Jan van Eck, principal of Van Eck Global. “In our view, small-cap stocks represent excellent direct exposure to the Brazilian economy since small-caps are typically driven by local trends. We are pleased to see that the interest in BRF continues to grow among financial advisors and their clients.”

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by