BEST11

The BTG Pactual MarketVector BESST Quality ETF (BEST11) is a Brazilian exchange-traded fund designed to provide exposure to high-quality Brazilian companies through investments linked to the MarketVector Brazil BESST Quality Index. The ETF is managed by BTG Pactual and trades under the ticker BEST11 on the B3.

Classified as an equity ETF, the fund follows a passive management strategy. Its objective is to replicate the performance of companies selected based on criteria such as consistent profitability, dividend distributions, and operational efficiency, seeking exposure to businesses considered essential to the Brazilian economy.

Composition / Exposure profile

BEST11 provides exposure primarily associated with:

• Financial institutions, including banks and insurance companies.

• Electric utilities.

• Water and sanitation companies.

• Telecommunications providers.

• Dividend-paying businesses.

• Quality-oriented investment strategies.

• Essential sectors of the Brazilian economy.

• Brazilian equity markets.

The ETF’s performance is particularly sensitive to domestic economic conditions, corporate earnings, interest-rate movements, and the ability of portfolio companies to maintain profitability and shareholder distributions.

Changes in monetary policy, inflation expectations, regulatory developments, and fiscal conditions may directly affect the fund’s behavior. The ETF may also reflect shifts in investor demand for quality-focused and income-oriented equity strategies.

Structure and costs

BEST11 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. BEST11 distributes recurring income through periodic payments to shareholders according to the fund’s distribution policy.

History and evolution of the ETF

The BTG Pactual MarketVector BESST Quality ETF was launched in 2025 with the objective of providing exposure to Brazilian companies considered pillars of the domestic economy through a methodology focused on quality and stability.

Since inception, the fund has become part of the growing segment of income-oriented and quality-focused ETFs in Brazil, reflecting increasing investor interest in businesses with consistent earnings generation and shareholder-return policies.

In its initial period of trading, BEST11 experienced growth in assets under management and investor participation, highlighting demand for strategies focused on financially resilient companies and recurring income generation.

Additional Information

BTG Pactual MarketVector BESST Quality ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $10.05 Millions.

Over the past 12 months, BTG Pactual MarketVector BESST Quality ETF recorded a return of -, with its price trading between $100.40 and $132.93 during the same period.

The ETF is traded under the ticker BEST11.