BRF
VanEckVectorsBrazilSmall-CapETF
ETF.comSegment:Equity:Brazil-SmallCap
B RFFu n d De s c rip tio n
O ve ra llRa tin g
TheVanEck Vectors Braz i l Smal l -CapETFtrack s amark et-cap-wei ghtedi ndexofBraz i l i an
s mal l -capfi rms .
B RFFa c tS e tAn a lytic s In s ig h t
BR Fprovi des expos uretoBraz i l i ans mal l -caps atareas onabl epri ce,andwi thampl e
l i qui di ty.Itti l ts l argerthanour
benchmark thank s toas mal l er
al l ocati ontofi rms thatour
benchmark cons i ders tobemi crocaps .Whi l eoveral l ti l tdi fferences
ares mal l ,BR Funderwei ghts
i ndus tri al s ,rel ati vetoour
benchmark ,di s tri buti ngthewei ght
amongothers ectors .Thes eti l ts maynots i twel l wi thl ong-termi nves tors ,butthefund' s
s uperi orl i qui di tymak es i tthechoi cefortraders .Thefund' s 60bpexpens erati oi s enti rel y
reas onabl egi veni ts targetedexpos ure,andi ti s cheaperthans omeBraz i l total mark et
funds .Overal l ,BR Fi s adecentchoi cefori nves tors wi l l i ngtotol eratei ts departures from
thebroadBraz i l i ans mal l -capmark etandi s ouranal ys tpi ck forthes egment.
t hefund'ssuperior
“
liquidit ymakesit t hechoice
fort raders ”
B RFIn d e xDa ta
D
63
B RFS u mma ryDa ta
Is s ue r
Va nEck
Ince ptionDa te
0 5 /14 /0 9
Le ga lS tructure
Ope n-Ende dFund
Expe ns e Ra tio
0 . 60 %
As s e ts Unde rMa na ge me nt
$ 10 3. 0 8 M
Ave ra ge Da ily$Volume
$ 8 62 . 2 8 K
B RFP o rtfo lio Da ta
Price /Ea rnings Ra tio
Inde xTra cke d
M VI S Bra z ilS ma ll-C a pI nde x
Inde xWe ightingMe thodology
M a rke tC a p
Inde xS e le ctionMe thodology
M a rke tC a p
S e gme ntBe nchma rk
65 . 94
Price /BookRa tio
1. 37
Dis tributionYie ld
3. 11%
Ne xtEx-Divide ndDa te
12 /18 /17
M S C I Bra z ilS ma llC a pI nde x
Re la te d ET Fs to B RF
TopCompe tingETFs
EWZ S
EFFIC IENC Y
B RFP o rtfo lio Ma n a g e me n t
61
1Ye a r
T o ta lRe tu rn s
50.0%
25.0%
Expe ns e Ra tio
0 . 60 %
Me dia nTra ckingDiffe re nce (12Mo)
-0 . 69%
Ma x.Ups ide De via tion(12Mo)
3. 8 4 %
Ma x.Downs ide De via tion(12Mo)
-9. 39%
B RFT a xExp o s u re s
Ma xLT/S TCa pita lGa ins Ra te
2 0 . 0 0 % /39. 60 %
Ca pita lGa ins Dis tributions (3Ye a r)
Ta xonDis tributions
0.0%
-Ordina ryinco me
Dis tribute s K1
No
B RFFu n d S tru c tu re
Le ga lS tructure
Ope n-Ende dFund
OTCDe riva tive Us e
Sep
N ov
Performance
J a n2017
M ar
M ay
J ul
S e curitie s Le ndingActive
10Years
No
Ye s
1Month
3Month
YTD
1Year
3Years
5Years
BRF
13. 5 8 %
10 . 62 %
36. 31%
35 . 5 3%
-7. 0 7%
-6. 95 %
--
ETNCounte rpa rty
BRF(NAV)
13. 60 %
10 . 38 %
35 . 10 %
35 . 61%
-7. 0 3%
-6. 95 %
--
ETNCounte rpa rtyRis k
FundClos ure Ris k
Lo w
PortfolioDis clos ure
Da ily
MVIS Bra z ilS ma ll-Ca pInde x
13. 4 4 %
10 . 38 %
35 . 4 9%
37. 0 4 %
-6. 4 8 %
-6. 4 5 %
--
MS CIBra z ilS ma llCa pInde x
14 . 4 3%
7. 62 %
31. 39%
34 . 36%
-7. 66%
-6. 4 6%
--
Allreturnsover1yearareannualized.Allreturnsaretotalreturnsunlessotherwisestated.
T RADAB ILIT Y
S e curitie s Le ndingS plit(Fund/Is s ue r)
10 0 % /0 %
N /A
N /A
72
B RFFa c tS e tAn a lytic s B lo c k
DAILYS PREAD
1.2%
Liq u id ity
5
4
3
2
1
0.9%
0.6%
0.3%
Th ism easu rem en t sh ows
h oweasyit ist ot rade
25 ,000sh aresofBRF.BRF
israt eda3 ou t of5 .
0%
B RFT ra d a b ility
PREMIUM/DIS COUNT
5.0%
Avg.Da ilyS ha re Volume
4 3, 4 75
Ave ra ge Da ily$Volume
$ 8 62 . 2 8 K
Me dia nDa ilyS ha re Volume
0.0%
33, 38 5
Me dia nDa ilyVolume ($)
$ 64 2 . 15 K
Ave ra ge S pre a d(%)
-5.0%
VOLUME
AUG
NOV
FEB
MAY
`17
0.25%
Ave ra ge S pre a d($)
$0.05
Me dia nPre mium/Dis count(12Mo)
-0 . 38 %
600K
Ma x.Pre mium/Dis count(12Mo)
4 00K
Impe dime nttoCre a tions
3. 12 % /-1. 8 0 %
200K
Ma rke tHours Ove rla p
8 3. 0 0 %
Cre a tionUnitS iz e (S ha re s )
50,000
N o ne
Cre a tionUnit/Da y(45Da yAve ra ge )
0 . 67
Cre a tionUnitCos t(%)
0 . 0 9%
Unde rlyingVolume /Unit
0 . 68 %
Ope nInte re s tonETFOptions
Ne tAs s e tVa lue (Ye s te rda y)
32 1
$ 2 1. 66
ETF.comImplie dLiquidity
3
FIT
63
B RFP e rfo rma n c e S ta tis tic s
Goodne s s ofFit(R2)
0 . 78
Be ta
0.85
UpBe ta
0.86
DownBe ta
0.87
Downs ide S ta nda rdDe via tion
0.84%
S e gme ntBe nchma rk M S C I Bra z ilS ma llC a pI nde x
©20 17,ET F.c o m
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