AURO11

The Buena Vista Neos Gold High Income ETF (AURO11) is a Brazilian exchange-traded fund designed to provide exposure to gold combined with an income-generation strategy. The ETF is managed by Buena Vista Capital and trades under the ticker AURO11 on the B3.

Classified as a strategy-based commodity ETF, the fund does not passively replicate a traditional benchmark index. Its structure combines exposure to gold-linked assets with options strategies intended to generate recurring income while maintaining participation in movements of the precious metals market.

Composition / Exposure profile

AURO11 provides exposure primarily associated with:

• Gold-linked financial instruments.

• Precious metals markets.

• Options-based income strategies.

• Commodity-focused investments.

• U.S. dollar-denominated gold exposure.

• Volatility-driven strategies.

• Defensive assets.

• Monthly income-generation structures.

The ETF’s performance is particularly sensitive to fluctuations in gold prices, real interest rates, inflation expectations, and investor demand for safe-haven assets.

Changes in global monetary conditions, geopolitical developments, currency-market movements, and shifts in investor risk appetite may directly affect the fund’s behavior. The ETF may also reflect developments associated with central-bank demand for gold and broader trends within commodity markets.

Structure and costs

AURO11 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 does not apply a performance fee. AURO11 distributes recurring income through monthly payments to shareholders according to the fund’s distribution policy.

History and evolution of the ETF

The Buena Vista Neos Gold High Income ETF was launched in 2025 with the objective of providing an alternative way to access gold exposure through the Brazilian stock exchange while incorporating an income-generation strategy based on derivatives.

Since inception, the fund has become part of the growing segment of strategy-focused ETFs in Brazil, reflecting investor interest in products that combine commodity exposure with recurring income generation.

In recent periods, AURO11 has reflected both fluctuations in gold prices and the effects of the options strategies implemented within the portfolio, highlighting the interaction between precious-metals volatility and monthly income generation.

Additional Information

Buena Vista Neos Gold High Income ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $9.28 Millions.

Over the past 12 months, Buena Vista Neos Gold High Income ETF recorded a return of -, with its price trading between $95.37 and $122.75 during the same period.

The ETF is traded under the ticker AURO11.