AUVP11

The BTG Pactual Teva Ações Fundamentos Fundo de Índice (AUVP11) is a Brazilian exchange-traded fund designed to provide exposure to Brazilian equities selected based on fundamental analysis criteria through investments linked to the Teva Ações Fundamentos IAFD Index. The ETF trades under the ticker AUVP11 on the B3.

Classified as a fundamentally oriented equity ETF, the fund follows a passive management strategy. Its structure invests in shares and units of Brazilian companies that meet criteria associated with profitability, operational efficiency, and financial discipline, seeking to reflect the performance of companies with stronger fundamental characteristics.

Diversification and sector exposure

AUVP11 provides exposure primarily associated with:

• Brazilian companies with recurring profitability.
• Financially disciplined corporations.
• Operationally efficient businesses.
• Fundamentally screened equities.
• Brazilian equity markets.
• Quality-oriented investment strategies.
• Multi-sector domestic exposure.
• Long-term corporate fundamentals.

The ETF’s performance is particularly sensitive to Brazilian economic conditions, corporate earnings trends, and domestic monetary policy.

Structure and costs

AUVP11 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. AUVP11 does not provide recurring income distributions, as gains generated by the portfolio are reinvested into the fund structure.

Because the ETF maintains exposure to Brazilian equities selected through fundamental criteria, its performance may reflect both domestic macroeconomic conditions and the financial consistency of the underlying companies.

History and evolution of the ETF

The BTG Pactual Teva Ações Fundamentos Fundo de Índice was launched with the objective of introducing a fundamentally driven equity strategy to the Brazilian ETF market, differentiating itself from traditional liquidity-based benchmark approaches.

Since inception, the fund has become part of the growing segment of systematic equity-selection ETFs focused on quality, profitability, and operational consistency within Brazilian markets.

In recent periods, AUVP11 has reflected the behavior of Brazilian companies with stronger financial fundamentals, influenced by corporate earnings trends, financial discipline, and domestic macroeconomic conditions.

Additional Information

BTG Pactual Teva Ações Fundamentos Fundo de Índice (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $45.06 Millions.

Over the past 12 months, BTG Pactual Teva Ações Fundamentos Fundo de Índice recorded a return of -, with its price trading between $93.95 and $137.34 during the same period.

The ETF is traded under the ticker AUVP11.