The BTG Pactual S&P/B3 Ingenius ETF (GENB11) is a Brazilian exchange-traded fund designed to provide exposure to international equities through investments linked to the S&P/B3 Ingenius Index. The ETF is managed by BTG Pactual Asset Management and trades under the ticker GENB11 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 S&P/B3 Ingenius Index, which combines exposure to the U.S. equity market through a methodology based on the S&P 500 while incorporating proprietary selection and weighting criteria.

Composition / Exposure profile

GENB11 provides exposure primarily associated with:

• U.S. large-cap equities.

• Companies included in the S&P/B3 Ingenius Index.

• U.S. equity-market exposure.

• International diversification strategies.

• Growth-oriented companies.

• Global equity markets.

• Large-cap investment strategies.

• U.S.-focused international allocations.

The benchmark is designed to provide exposure to companies that play a significant role in the U.S. economy while incorporating additional selection criteria beyond a traditional market-capitalization approach.

Performance is generally influenced by corporate earnings, monetary-policy decisions, economic growth expectations, investor sentiment, and developments affecting large-cap companies in the United States.

Structure and costs

GENB11 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 total management fee of approximately 0.25% per year, in addition to operational expenses associated with maintaining and replicating the benchmark.

GENB11 does not apply a performance fee and does not provide recurring income distributions, as dividends and other proceeds received from underlying holdings are automatically reinvested into the portfolio.

History and evolution of the ETF

The BTG Pactual S&P/B3 Ingenius ETF was launched in 2021 with the objective of providing Brazilian investors with access to international equities through a strategy linked to the S&P/B3 Ingenius Index.

Since inception, the fund has become part of the growing segment of international ETFs available on the B3, reflecting increasing investor interest in geographic diversification and exposure to the U.S. stock market.

In recent years, GENB11 has reflected fluctuations in the U.S. equity market, influenced by global macroeconomic conditions, monetary-policy decisions, corporate earnings performance, and broader trends affecting large-cap companies listed in the United States.

Additional Information

BTG Pactual S&P/B3 Ingenius ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $62.05 million.

Over the past 12 months, BTG Pactual S&P/B3 Ingenius ETF recorded a return of -7.48%, with its price trading between $14.57 and $20.14 during the same period.

The ETF is traded under the ticker GENB11.