BTG Pactual Debuts Brazil’s First Hybrid Infrastructure ETF With BNDES Backing

BTG Pactual Asset Management launched the DINF11 infrastructure exchange-traded fund on the B3 exchange today, September 2, 2026.

The fund marks Brazil’s first hybrid ETF to combine equities with tax-exempt infrastructure debentures.

The Brazilian National Bank for Economic and Social Development (BNDES) provided an initial BRL 200 million investment.

DINF11 tracks the Teva Infrastructure Hybrid Index.

This launch expands BTG’s infrastructure portfolio alongside the existing BDIF11 debt fund.