MVIS Brazil Small-Cap Index

The modified market cap-weighted index tracks the performance of the most liquid small-cap companies in Brazil. Its unique pure-play approach expands local exposure to include non-local companies that generate at least 50% of their revenues in Brazil. The MVIS Brazil Small-Cap Index (MVBRF) covers 100% of the investable universe and has been licensed to underlie financial products with currently USD 52.68 million in assets under management.

Key Features

Size and Liquidity Requirements Full MCap of at least 150 mln USD.
Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews.
At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
Pure-Play Includes non-local companies with at least 50% revenues in Brazil.
Diversification Company weightings are capped at 8%.
Review Semi-annually.
IndexLast CloseOpenLastChangeChange (1Y)Range (1Y)
1,812.78 1,812.78 --100.60%862.32 - 2,095.42
2,753.65 2,753.65 --130.77%1,193.25 - 3,064.42
Symbol IndexName
MVBRF MVIS Brazil Small-Cap Price Index
MVBRFTR MVIS Brazil Small-Cap Total Return Net Index