ALUG11

The Investo U.S. Real Estate ETF (ALUG11) is a Brazilian exchange-traded fund designed to provide exposure to the U.S. real estate market through investments linked to the MSCI US Investable Market Real Estate 25/50 Index. The ETF is administered by BNP Paribas Brasil S.A. and trades under the ticker ALUG11 on the B3.

Classified as an international equity ETF, the fund follows a passive management strategy. Its structure invests primarily in shares of the Vanguard Real Estate ETF (VNQ), seeking to reflect the performance of U.S. Real Estate Investment Trusts (REITs) and other real estate-related companies.

Composition / Exposure profile

ALUG11 provides exposure primarily associated with:

• U.S. Real Estate Investment Trusts (REITs).

• Healthcare real estate.

• Retail properties.

• Industrial and logistics facilities.

• Data centers.

• Telecommunications towers.

• Income-generating real estate assets.

• U.S. real estate markets.

The ETF’s performance is particularly sensitive to interest-rate movements, property-market conditions, occupancy trends, and investor demand for income-producing real estate assets.

Changes in Federal Reserve monetary policy, financing conditions, commercial real estate activity, and broader economic growth may directly affect the fund’s behavior. The ETF may also reflect developments associated with digital infrastructure, logistics demand, and demographic trends affecting property markets.

Structure and costs

ALUG11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee and also incurs costs associated with the underlying international ETF structure. ALUG11 does not apply a performance fee and does not provide recurring income distributions, as dividends and other income generated by the underlying holdings are reinvested into the fund structure.

History and evolution of the ETF

The Investo U.S. Real Estate ETF was launched in 2021 with the objective of facilitating access to the U.S. real estate market through the Brazilian stock exchange using an international ETF structure.

Since inception, the fund has become part of the growing international ETF segment in Brazil, reflecting increasing investor demand for geographic diversification and exposure to global real estate assets.

In recent years, ALUG11 has reflected fluctuations in the U.S. real estate sector, influenced by interest-rate cycles, property-market dynamics, and broader global macroeconomic conditions.

Additional Information

Investo U.S. Real Estate ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $64.69 Millions.

Over the past 12 months, Investo U.S. Real Estate ETF recorded a return of 1.95%, with its price trading between $38.80 and $43.40 during the same period.

The ETF is traded under the ticker ALUG11.