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VanEck Vectors Egypt Index ETF

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AFK
VanEck 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

    Bank of New York Mellon

  • Index Ticker

    MVAFKTR

  • Commencement

    07/10/2008

 
as of 08/20/19

  • 30-Day SEC Yield1

    2.91%

  • Total Net Assets

    $52.1M

  • Number of Holdings

    84

  • Options

    Expected

  • Gross Expense Ratio2

    0.91%

  • Net Expense Ratio/TER2

    0.78%

  • Distribution Frequency

    Annual

  • Next Distribution Date

    12/20/2019

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

    2,600,000

  • Estimated Cash

    AFKEU

  • Total Cash

    AFKTC

  • CUSIP

    92189F866

  • ISIN

    US92189F8665
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.41%

  • Gross Expense Ratio

    0.91%

  • Fee Waivers and
    Expense Reimbursement

    -0.13%

  • Net Expense Ratio/TER2

    0.78%
2Expenses for AFK are capped contractually at 0.78% until May 1, 2020. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 08/20/19

NAV/
Last Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		NAV
Chart
AFK $20.02
$19.82		 5,498
2,241		 $0.01 / +0.07%
$0.07 / +0.35%		 -0.29%
+0.81%
 $-0.20
-1.00%

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/10/08
AFK (NAV) -4.92 -4.32 5.73 -8.60 2.37 -6.45 -0.12 -3.57
AFK (Share Price) -4.30 -4.08 7.58 -9.30 2.66 -6.64 -0.30 -3.60
MVAFKTR (Index)5 -4.66 -3.75 6.39 -7.67 4.10 -5.12 1.13 -2.21
Performance Differential (NAV - Index) -0.26 -0.57 -0.66 -0.93 -1.73 -1.33 -1.25 -1.36
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/10/08
AFK (NAV) 7.77 3.14 11.21 -3.62 5.58 -5.39 0.56 -3.15
AFK (Share Price) 7.13 2.74 12.41 -4.26 5.53 -5.56 0.37 -3.24
MVAFKTR (Index)5 7.89 3.48 11.60 -2.92 7.42 -4.03 1.79 -1.80
Performance Differential (NAV - Index) -0.12 -0.34 -0.39 -0.70 -1.84 -1.36 -1.23 -1.35

*Returns less than one year are not annualized.

5Index data prior to June 21, 2013 reflects that of the Dow Jones Africa Titans 50 Index (DJAFKT). From June 21, 2013, forward, the index data reflects that of the Fund's underlying index, MVIS GDP Africa Index (MVAFKTR). Index history which includes periods prior to June 21, 2013 reflects a blend of the performance of DJAFKT and MVAFKTR and is not intended for third party use.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 07/31/19 Daily Holdings

Total Holdings: 84
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
Naspers Ltd
NPN SJ
18,774
4,631,245 8.39
Attijariwafa Bank
ATW MC
59,378
3,004,741 5.44
Guaranty Trust Bank Plc
GUARANTY NL
38,252,525
2,998,956 5.43
Safaricom Plc
SAFCOM KN
11,378,100
2,994,812 5.43
Commercial International Bank Egypt Sae
CBKD LI
543,330
2,336,319 4.23
Maroc Telecom
IAM MC
151,017
2,272,591 4.12
Banque Centrale Populaire
BCP MC
71,738
2,042,764 3.70
Zenith Bank Plc
ZENITHBA NL
36,714,354
1,854,721 3.36
Tullow Oil Plc
TLW LN
774,699
1,827,674 3.31
Ivanhoe Mines Ltd
IVN CN
555,283
1,750,654 3.17
Top 10 Total (%) 46.58
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 07/31/19

  • Country

    % of Net Assets
  • ■

    South Africa

    33.67
  • ■

    Morocco

    12.07
  • ■

    Nigeria

    10.00
  • ■

    Kenya

    8.06
  • ■

    Canada

    7.79
  • ■

    Egypt

    4.99
  • ■

    Ghana

    4.90
  • ■

    Uae

    4.12
  • ■

    Zambia

    2.78
  • ■

    Germany

    2.77
  • ■

    Switzerland

    2.40
  • ■

    China

    2.09
  • ■

    United Kingdom

    2.00
  • ■

    Singapore

    0.99
  • ■

    India

    0.77
  • ■

    United States

    0.36
  • ■

    Zimbabwe

    0.02
  • ■

    Other/Cash

    0.23

Sector Weightings (%) as of 07/31/19

  • Sector

    % of Net Assets
  • ■

    Financials

    36.8
  • ■

    Materials

    19.3
  • ■

    Consumer Discretionary

    13.6
  • ■

    Communication Services

    11.8
  • ■

    Consumer Staples

    10.2
  • ■

    Energy

    5.2
  • ■

    Real Estate

    1.4
  • ■

    Health Care

    0.9
  • ■

    Industrials

    0.6
  • ■

    Other/Cash

    0.2