Brazilian stocks (Vale, Petrobras)
Brazilian stocks: mostly Vale (iron ore miner), Petrobras (oil), Itaú Unibanco and B3 (the Brazilian stock exchange). Performance rises and falls with commodity prices, particularly iron ore and oil. Big political swings can move it sharply too.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Rides commodity cycles: strong in iron-ore and oil rallies
- Vale and Petrobras pay big dividends when commodities boom
- Cheap valuations versus US stocks
- Brazilian real can swing 20%+ in a year
- Political instability moves the market dramatically
- Pure commodity exposure: drops hard in downturns
About this fund
Tracks MSCI Brazil - commodity-heavy. Performance closely follows iron ore and oil prices via Vale and Petrobras. Trades in GBp on LSE.
Available on Interactive Brokers
Low-cost access to Brazilian stocks (Vale, Petrobras) and 10,000+ funds worldwide.
Frequently asked questions
Is XMBR.L accumulating or distributing?
Xtrackers MSCI Brazil UCITS ETF 1C (XMBR.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for XMBR.L?
XMBR.L has a total expense ratio (TER) of 0.65% per year. On a $10,000 holding that is roughly $65 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy XMBR.L on Interactive Brokers?
Yes. XMBR.L trades on LSE, GBp and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does XMBR.L invest in?
Xtrackers MSCI Brazil UCITS ETF 1C (XMBR.L) tracks the MSCI Brazil. Brazilian stocks: mostly Vale (iron ore miner), Petrobras (oil), Itaú Unibanco and B3 (the Brazilian stock exchange). You buy one fund and get the whole basket in a single trade.
Is XMBR.L a UCITS ETF, and where is it domiciled?
Yes, XMBR.L is a UCITS ETF domiciled in Luxembourg. For non-US investors, EU-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is XMBR.L?
On the TickerCompare 1 to 5 scale, XMBR.L is rated higher risk (5/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.