GDIV11

The Buena Vista Global Dividend Income ETF (GDIV11) is a Brazilian exchange-traded fund designed to provide exposure to a global income-generation strategy through investments linked to the DEXGDIV Index. The ETF is managed by Buena Vista Capital and trades under the ticker GDIV11 on the B3.

Classified as a strategy-based international equity ETF, the fund does not replicate a traditional market index. Its investment approach combines exposure to global assets with options strategies, particularly option-writing techniques, seeking to generate recurring income while maintaining participation in international equity markets.

Composition / Exposure profile

GDIV11 provides exposure primarily associated with:

• Global assets denominated in U.S. dollars.

• International equity markets.

• Options-based income strategies.

• Covered-call and option-writing structures.

• Global diversification.

• Monthly income-generation strategies.

• International financial markets.

• Alternative income-oriented investments.

The ETF seeks to reflect the performance of the DEXGDIV Index, which combines exposure to global assets with derivatives strategies designed to generate recurring monthly income. The ETF’s performance is particularly sensitive to global market conditions, volatility levels, interest-rate expectations, and investor sentiment across international equity markets.

Structure and costs

GDIV11 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. GDIV11 distributes recurring income to shareholders through monthly payments, according to the fund’s distribution policy.

History and evolution of the ETF

The Buena Vista Global Dividend Income ETF was launched in 2025 with the objective of providing a global income-oriented investment alternative through the Brazilian stock exchange using derivatives-based strategies.

Since inception, the fund has become part of the growing segment of income-focused ETFs in Brazil, expanding investors’ access to international markets and alternative income-generation approaches.

In recent periods, GDIV11 has reflected both the performance of global financial markets and the results of its options strategies, influenced by market volatility, price trends, and broader international macroeconomic conditions.

Additional Information

Buena Vista Global Dividend Income ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $6.00 Millions.

Over the past 12 months, Buena Vista Global Dividend Income ETF recorded a return of -, with its price trading between $91.58 and $106.27 during the same period.

The ETF is traded under the ticker GDIV11.