The Argentina Equity ETF (ARGE11) is a Brazilian exchange-traded fund designed to provide exposure to companies with significant ties to the Argentine economy through investments linked to the MarketVector™ US Listed Argentina Index. The ETF is administered by BTG Pactual and trades under the ticker ARGE11 on the B3.

Classified as an international equity ETF, the fund follows a passive management strategy. Its objective is to replicate the performance of the MarketVector™ US Listed Argentina Index, which tracks Argentine companies listed in the United States and seeks to reflect the performance of businesses with substantial economic exposure to Argentina.

Composition / Exposure profile

ARGE11 provides exposure primarily associated with:

• Argentine companies listed in the United States.

• American Depositary Receipts (ADRs).

• Energy-sector businesses.

• Financial institutions.

• Steel and industrial companies.

• Telecommunications providers.

• Emerging-market equities.

• Argentina-focused investment strategies.

The portfolio is designed to capture the performance of companies with meaningful operations in Argentina while maintaining liquidity through securities listed on U.S. exchanges.

Performance is generally influenced by Argentine economic conditions, inflation trends, government policies, structural reforms, commodity prices, and broader developments across emerging markets.

Structure and costs

ARGE11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption occur through authorized participants, helping to align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee of approximately 0.75% per year. ARGE11 does not apply a performance fee and does not provide recurring income distributions, as portfolio gains and income are automatically reinvested and reflected in the ETF’s share value.

History and evolution of the ETF

The Argentina Equity ETF was launched in 2025 with the objective of facilitating access to the Argentine market through the Brazilian stock exchange using a structure based on ADRs traded in the United States.

Since inception, the fund has become part of the growing international ETF segment available in Brazil, reflecting investor interest in thematic and country-specific international exposure.

In recent periods, ARGE11 has reflected fluctuations in the performance of Argentine companies in global markets, influenced by macroeconomic conditions, structural reforms, political developments, and broader trends affecting emerging-market economies.

Additional Information

Argentina Equity ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $5.33 million.

Over the past 12 months, Argentina Equity ETF recorded a return of -, with its price trading between $7.59 and $14.42 during the same period.

The ETF is traded under the ticker ARGE11.