Key stats
About B INDEX BREWCI
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Inception date
Feb 14, 2023
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
Banco Bradesco SA
ISIN
BRBREWCTF006
BREW11 is the first equal-weighted ETF in the Brazilian stock market. The equal-weighted index reduces the bias towards concentration in specific sectors or companies, providing greater diversification. The fund seeks to replicate the Morningstar Brazil Equal Weighted Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, BREW11 doesn't pay dividends to its holders.
BREW11 shares are issued by Banco Bradesco SA /Private Group/ under the brand Bradesco. The ETF was launched on Feb 14, 2023, and its management style is Passive.
BREW11 follows the Morningstar Brazil Equal Weighted Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BREW11 price has fallen by −3.28% over the last month, and its yearly performance shows a 2.74% increase. See more dynamics on BREW11 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.29% over the last month, have fallen by −3.29% over the last month, showed a 7.88% increase in three-month performance and has increased by 3.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −3.29% over the last month, have fallen by −3.29% over the last month, showed a 7.88% increase in three-month performance and has increased by 3.23% in a year.
BREW11 trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.