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AFKVanEck Vectors Africa Index ETF
Fund Description
VanEck Vectors® Africa Index ETF (AFK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® GDP Africa Index (MVAFKTR), which includes local listings of companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa.
-
Fund Ticker
AFK -
Exchange
NYSE Arca -
Index Total Return Ticker
MVAFKTR -
Index Provider
MV Index Solutions -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MVAFKTR
as of 01/25/21
-
30-Day SEC Yield1
1.60% -
Total Net Assets
$56.1M -
Number of Holdings
74 -
Options
Expected -
Gross Expense Ratio2
0.86% -
Net Expense Ratio/TER2
0.79% -
Distribution Frequency
Annual
Key Points
- Nation's First ETF Focused Exclusively on Africa
A relatively untapped region with vast commodity resources and growth potential
- One-Trade Access
To a broad range of sectors and African countries, including exposure to some less traditional, frontier markets
- Pure Play
Companies must be incorporated in, or derive at least 50% of total revenues from Africa to be added to the index
Trading Information
-
Fund Ticker
AFK -
Index Total Return Ticker
MVAFKTR -
NAV
AFKNV -
Intraday NAV (IIV)4
AFKIV -
Shares Outstanding
2,650,000 -
Estimated Cash
AFKEU -
Total Cash
AFKTC -
CUSIP
92189F866 -
ISIN
US92189F8665
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.36% -
Gross Expense Ratio
0.86% -
Fee Waivers andExpense Reimbursement
-0.07% -
Net Expense Ratio/TER2
0.79%
Prices as of 01/25/21
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 07/10/08 |
|
---|---|---|---|---|---|---|---|---|
AFK (NAV) | 7.59 | 18.91 | 2.29 | 2.29 | -2.97 | 5.58 | -2.29 | -2.79 |
AFK (Share Price) | 7.93 | 21.42 | 4.42 | 4.42 | -2.67 | 6.20 | -2.31 | -2.70 |
MVAFKTR (Index)5 | 7.36 | 19.71 | 4.20 | 4.20 | -2.03 | 7.07 | -1.07 | -1.46 |
Performance Differential (NAV - Index) | 0.23 | -0.80 | -1.91 | -1.91 | -0.94 | -1.49 | -1.22 | -1.33 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 07/10/08 |
|
---|---|---|---|---|---|---|---|---|
AFK (NAV) | 7.59 | 18.91 | 2.29 | 2.29 | -2.97 | 5.58 | -2.29 | -2.79 |
AFK (Share Price) | 7.93 | 21.42 | 4.42 | 4.42 | -2.67 | 6.20 | -2.31 | -2.70 |
MVAFKTR (Index)5 | 7.36 | 19.71 | 4.20 | 4.20 | -2.03 | 7.07 | -1.07 | -1.46 |
Performance Differential (NAV - Index) | 0.23 | -0.80 | -1.91 | -1.91 | -0.94 | -1.49 | -1.22 | -1.33 |
Top 10 Holdings (%) as of 12/31/20 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
NASPERS LTD |
NPN SJ
|
19,368
|
3,967,762 | 7.57 | |
SAFARICOM PLC |
SAFCOM KN
|
11,019,500
|
3,455,990 | 6.59 | |
MAROC TELECOM |
IAM MC
|
156,556
|
2,544,425 | 4.85 | |
ATTIJARIWAFA BANK |
ATW MC
|
53,218
|
2,529,665 | 4.82 | |
GUARANTY TRUST BANK PLC |
GUARANTY NL
|
28,699,036
|
2,359,114 | 4.50 | |
ANGLO AMERICAN PLC |
AAL LN
|
68,441
|
2,259,164 | 4.31 | |
JUMIA TECHNOLOGIES AG |
JMIA US
|
55,345
|
2,233,171 | 4.26 | |
MTN NIGERIA COMMUNICATIONS PLC |
MTNN NL
|
4,763,560
|
2,050,231 | 3.91 | |
IVANHOE MINES LTD |
IVN CN
|
372,811
|
2,007,444 | 3.83 | |
COMMERCIAL INTERNATIONAL BANK EGYPT SAE |
CBKD LI
|
518,515
|
1,945,018 | 3.71 | |
Top 10 Total (%) | 48.35 |
Country Weightings (%) as of 12/31/20
-
Country
% of Net Assets -
■
South Africa
32.50 -
■
Morocco
16.08 -
■
Nigeria
13.60 -
■
Kenya
10.26 -
■
Canada
6.04 -
■
Egypt
4.72 -
■
Germany
4.26 -
■
Zambia
2.80 -
■
Côte D'Ivoire
2.41 -
■
China
2.08 -
■
Burkina Faso
1.95 -
■
India
1.25 -
■
Tanzania
1.14 -
■
Indonesia
0.84 -
■
Norway
0.60 -
■
United Kingdom
0.38 -
■
United States
0.37 -
■
Switzerland
0.19 -
■
Zimbabwe
0.01 -
■
Other/Cash
-1.48
Sector Weightings (%) as of 12/31/20
-
Sector
% of Net Assets -
■
Financials
31.6 -
■
Materials
27.7 -
■
Communication Services
17.1 -
■
Consumer Discretionary
14.2 -
■
Consumer Staples
8.2 -
■
Health Care
0.8 -
■
Real Estate
0.6 -
■
Utilities
0.6 -
■
Industrials
0.4 -
■
Energy
0.2 -
■
Other/Cash
-1.5