VanEck Vectors Brazil Small-Cap ETF (BRF) - NYSEARCA
  • Wed, Mar. 23, 4:24 AM
    • Brazilian President Dilma Rousseff assured supporters late Tuesday that she'll never resign and told them the impeachment process against her in Congress amounts to a coup attempt.
    • Pressure to impeach Rousseff has grown in recent weeks as prosecutors in charge of the anticorruption probe centered on oil giant Petrobras brought the president's predecessor and mentor, Lula da Silva, in for questioning on suspicion he benefited from the scheme.
    • Last week, Rousseff appointed da Silva as her chief of staff.
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Wed, Mar. 23, 4:24 AM | 24 Comments
  • Fri, Mar. 18, 3:56 AM
    • Former Brazilian President Lula da Silva was sworn in as chief of staff to his successor Dilma Rousseff on Thursday as a judge sought to block his appointment and Congress began proceedings to impeach Rousseff amid the country's deepening crisis.
    • Brazil's Bovespa stock index rallied 6.6%, its biggest daily jump in seven years, and the Brazilian real firmed 2.3% as the political crisis increased bets that Rousseff's ouster could bring a more market-friendly administration to power.
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Fri, Mar. 18, 3:56 AM | 2 Comments
  • Thu, Mar. 17, 11:57 AM
    | Thu, Mar. 17, 11:57 AM | 12 Comments
  • Thu, Mar. 17, 10:19 AM
    | Thu, Mar. 17, 10:19 AM | 16 Comments
  • Thu, Mar. 17, 3:06 AM
    • Protests swept across Brazil late Wednesday after explosive phone recordings fueled accusations that President Dilma Rousseff had appointed her predecessor Lula da Silva as a minister to grant him immunity.
    • State prosecutors requested Lula's arrest last week over charges of money laundering and fraud, accusing the former president of secretly owning a beachside penthouse at the center of the country's corruption scandals.
    • With Lula back, many are asking: Who is really in charge of Brazil?
    • Previously: Brazil slides further on Lula, rumor of central bank chief exit (Mar. 16 2016)
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Thu, Mar. 17, 3:06 AM | 2 Comments
  • Wed, Mar. 16, 11:56 AM
    • Former President Lula de Silva will become chief of staff for President Dilma Rousseff, meaning only the country's Supreme Court has the power to put him on trial.
    • “This seems to be another shot in the dark by this government that is desperate to remain in power," says an analyst.
    • Also impacting is chatter that central bank President Tombini will exit his post.
    • The Bovespa has added to yesterday's 3.6% plunge with a 1% decline so far this session. The real off another 1.6% vs. the dollar.
    • EWZ -1.5%
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ, BZF
    • Previously: Brazil rally halted on word Lula to enter Rousseff government (March 15)
    | Wed, Mar. 16, 11:56 AM | 1 Comment
  • Wed, Mar. 16, 3:02 AM
    • Lula da Silva, the former Brazilian leader facing criminal charges in a sweeping corruption probe, has agreed in principle to join President Dilma Rousseff's cabinet, Bloomberg reports.
    • However, the strategy runs the risk of backfiring, as it ties her fate to that of her mentor's, but would shield Lula from prosecution by certain courts.
    • The news led the Bovespa index to close down 3.6% on Tuesday, following Lula's detention by police earlier this month that ignited an 8.5% rally on the hope that Rousseff's days in power were numbered.
    • Previously: Brazil rally halted on word Lula to enter Rousseff government (Mar. 15 2016)
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Wed, Mar. 16, 3:02 AM | 3 Comments
  • Tue, Mar. 15, 4:57 PM
    • Brazil's Supreme Court today accepted a plea agreement by the governing Workers' Party's former leader in the Senate, whose testimony in the Petrobras (NYSE:PBR) corruption probe included allegations that the BTG Pactual bank underpaid for oil assets in Africa it bought from PBR in 2013.
    • BTG Pactual paid $1.5B for a 50% stake in PBR’s Africa division, which was less than the $2.7B valuation estimate from consulting companies hired by the oil producer to review the divestment, according to the plea document.
    • Among the other accusations, Brazilian Pres. Rousseff knew about a scheme to buy a refinery in the U.S. at an inflated price, and Rousseff and a former justice minister appointed a justice to a high court in a bid to secure the release of some people detained in the "Car Wash" corruption probe.
    • The accusations are the first directly implicating Rousseff herself in the corruption scheme.
    • Earlier: Brazil rally halted on word Lula to enter Rousseff government
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Tue, Mar. 15, 4:57 PM | 32 Comments
  • Tue, Mar. 15, 10:57 AM
    | Tue, Mar. 15, 10:57 AM | 26 Comments
  • Mon, Mar. 14, 4:02 AM
    • More than one million people marched through cities across Brazil on Sunday to protest political corruption, a weak economy, and to call for the impeachment of President Dilma Rousseff, in a showing that could accelerate efforts to remove her from office.
    • The demonstration in Sao Paulo was the largest ever recorded by polling firm Datafolha, surpassing even the 1984 rallies to demand direct presidential elections near the end of the country's 20-year military dictatorship.
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Mon, Mar. 14, 4:02 AM | 3 Comments
  • Fri, Mar. 11, 4:24 PM
    | Fri, Mar. 11, 4:24 PM
  • Fri, Mar. 11, 8:24 AM
    • Over the past three weeks, Brazilian President Dilma Rousseff's top campaign strategist was arrested for receiving a $75M bribe, her government's former leader in the Senate - as part of a plea deal - reportedly alleged that Rousseff pushed judges to release allies imprisoned on graft charges, and former president Lula has been charged in a money laundering scheme.
    • For her part, Rousseff - the former chairman at Petrobas - has denied any wrongdoing, and says the whole thing is political.
    • The latest events have spurred efforts to remove Rousseff, whether by impeachment or by annulling the results of the 2014 election. Her largest ally in the ruling coalition - the Democratic Movement Party - holds its national convention tomorrow, and will discuss severing ties.
    • Markets seem to like the idea of a Rousseff exit, with stocks and the real surging further each time the scandal moves closer to her.
    • The iShares MSCI Brazil Index ETF (NYSEARCA:EWZ) is up a whopping 25.6% YTD (though still lower by 18.7% Y/Y).
    • ETFs: EWZ, BRF, BRZU, EWZS, BZF, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    • Previously: Brazil corruption scandal threatens Rousseff coalition (March 11)
    • Previously: Brazil's Lula charged with money laundering (March 10)
    | Fri, Mar. 11, 8:24 AM | 2 Comments
  • Fri, Mar. 11, 2:44 AM
    • A widening corruption probe has turned key lawmakers from Brazil's largest party against President Dilma Rousseff, threatening to split her coalition and increasing chances of her impeachment in Congress this year.
    • The patience of some legislators is fraying amid an investigation into the ruling party's founder, former president Luiz Inácio Lula da Silva, and new allegations money from a far-reaching corruption scandal helped fund Rousseff's 2014 re-election.
    • Previously: Brazil's Lula charged with money laundering (Mar. 10 2016)
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Fri, Mar. 11, 2:44 AM | 3 Comments
  • Thu, Mar. 10, 11:24 AM
    • The former president last week was detained for questioning and today has been charged with hiding an ownership interest in an oceanfront penthouse.
    • Being charged doesn't necessarily mean a trial - a judge will decide whether there is enough evidence to proceed.
    • As authorities move up the chain, bulls on Brazilian stocks believe it's just a matter of time before Dilma Rousseff (a Lula protege) is removed from office.
    • The Bovespa is higher by another 0.8% today. EWZ +0.5%
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Thu, Mar. 10, 11:24 AM | 1 Comment
  • Thu, Mar. 10, 3:15 AM
    • State prosecutors have charged Brazil's former President Luiz Inácio Lula da Silva with hiding his ownership interest in a beachfront apartment, adding to the growing legal woes of Brazil's most prominent political figure.
    • Prosecutors say da Silva's concealment constitutes a form of money laundering, which is a criminal offense.
    • The Guarujá apartment is also part of a separate federal probe, known as Operation Car Wash, centered around state-run oil company Petrobras (NYSE:PBR), which has denied any wrongdoing.
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Thu, Mar. 10, 3:15 AM | 8 Comments
  • Tue, Mar. 8, 4:58 PM
    • A Brazilian federal judge sentences Marcelo Odebrecht, the former president of the country's largest construction company, to more than 19 years in prison on charges of corruption, money laundering and for belonging to a criminal organization, related to the Petrobras (NYSE:PBR) corruption scheme.
    • Odebrecht is the highest profile executive to be convicted in the "Operation Car Wash" investigations, and one of the central private sector figures in what prosecutors have called a criminal organization.
    • Prosecutors say the overall scheme involved $2B-plus in bribes paid to obtain PBR contracts, with some money making its way to political parties, including the governing Workers' Party.
    • ETFs: EWZ, BRF, BRZU, EWZS, BRAQ, BZQ, BRAZ, BRAF, UBR, DBBR, FBZ
    | Tue, Mar. 8, 4:58 PM | 6 Comments
BRF Description
VanEck Vectors Brazil Small-Cap ETF (BRF) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the VanEck Vectors Brazil Small-Cap Index (MVBRFTR), which is comprised of securities of small-capitalization companies that are incorporated in Brazil or that generate at least 50% of their revenues (or, in certain circumstances, have at least 50% of their assets) in Brazil.
See more details on sponsor's website
Country: Brazil
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub