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VanEck launches four ETF BDRs for Brazilian investors


VanEck has partnered with the depository bank Banco Bradesco S.A. to make four VanEck ETFs available to Brazilian investors as ETF BDRs (Brazilian Depository Receipts).

The four funds are VanEck Gold Miners ETF, GDXB39, VanEck Morningstar Wide Moat ETF, MOTB39, VanEck Steel ETF, SLXB39 and VanEck Social Sentiment ETF, BUZZ39.

“Brazil has a fast-growing and highly sophisticated investor marketplace, and we are very excited to be making these funds available via the Brazilian Depository Receipt process,” says Jan van Eck, CEO with VanEck. “We look forward to further engaging with investors in Brazil and continuing to bring more of our lineup of industry-leading investment solutions to market via the BDR approach.”

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