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EGPT
VanEck Egypt Index ETF

Fund Description

VanEck Egypt Index ETF (EGPT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Egypt Index (MVEGPTTR), which includes securities of companies that are incorporated in Egypt or that are incorporated outside Egypt but have at least 50% of their revenues/related assets in Egypt.

 
 

  • Fund Ticker

    EGPT
  • Exchange

    NYSE Arca
  • Inception Date

    02/16/2010
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVEGPTTR
  • Index Rebalancing

    Quarterly

 
as of 07/01/22

  • 30-Day SEC Yield1

    2.84%
  • Total Net Assets

    $14.3M
  • Number of Holdings

    27
  • Options

    No
  • Gross Expense Ratio2

    1.10%
  • Net Expense Ratio/TER2

    1.02%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Nation's First ETF Focused Exclusively on Egypt 
    Convenient access to the third-largest economy in Africa6

  • Index Allows All-Cap Exposure 
    With mid- to small-cap tilt7

  • Pure Play
    Companies must be incorporated in, or derive at least 50% of total revenues from Egypt to be added to the index

Trading Information

  • Fund Ticker

    EGPT
  • Index Total Return Ticker

    MVEGPTTR
  • NAV

    EGPTNV
  • Intraday NAV (IIV)4

    EGPTIV
  • Shares Outstanding

    799,974
  • Estimated Cash

    EGPTEU
  • Total Cash

    EGPTTC
  • CUSIP

    92189F775
  • ISIN

    US92189F7758
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.60%
  • Gross Expense Ratio

    1.10%
  • Fee Waivers and
    Expense Reimbursement

    -0.08%
  • Net Expense Ratio/TER2

    1.02%

2Expenses for EGPT are capped contractually at 0.94% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 07/01/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
EGPT $17.85
$17.46
7,552
2,904
$0.01 / +0.06%
$-0.23 / -1.31%
-34.10%
-35.67%
$-0.39
-2.19%
0.57%

Premium/Discount History as of 07/01/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 77 14 14 21 10
EGPT Days closed at NAV 8 6 2 0 1
Days closed at a discount 167 44 48 41 51

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) -8.32 -20.76 -27.58 -17.21 -11.50 -4.94 -6.30 -8.95
EGPT (Share Price) -7.72 -20.69 -28.06 -18.14 -11.05 -5.38 -6.27 -8.97
MVEGPTTR (Index) -8.38 -19.69 -26.65 -15.69 -9.63 -3.00 -3.44 -6.87
Performance Differential (NAV - Index) 0.06 -1.07 -0.93 -1.52 -1.87 -1.94 -2.86 -2.08
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) -12.84 -20.34 -20.34 -10.73 -10.89 -3.75 -6.08 -8.35
EGPT (Share Price) -12.88 -20.97 -20.97 -13.43 -11.37 -3.61 -5.96 -8.38
MVEGPTTR (Index) -11.91 -19.54 -19.54 -7.77 -9.13 -1.81 -3.11 -6.25
Performance Differential (NAV - Index) -0.93 -0.80 -0.80 -2.96 -1.76 -1.94 -2.97 -2.10

Top 10 Holdings (%) as of 05/31/22 Daily Holdings

Total Holdings: 27
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Egypt Kuwait Holding Co Sae
EKHO EY
1,048,889
1,405,484 8.96
Commercial International Bank Egypt Sae
CBKD LI
664,296
1,328,592 8.47
Eastern Co Sae
EAST EY
1,867,824
1,062,995 6.77
Abou Kir Fertilizers & Chemical Industr
ABUK EY
746,685
1,043,473 6.65
E-Finance For Digital & Financial Inves
EFIH EY
1,000,052
896,389 5.71
Cairo Investment & Real Estate Developm
CIRA EY
1,161,602
772,659 4.92
Cleopatra Hospital
CLHO EY
2,828,305
759,646 4.84
Talaat Moustafa Group
TMGH EY
1,747,114
743,335 4.74
Elsewedy Electric Co
SWDY EY
1,719,816
670,313 4.27
Juhayna Food Industries
JUFO EY
1,493,449
663,549 4.23
Top 10 Total (%) 59.55
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 05/31/22

  • Country

    % of Net Assets
  • Egypt

    97.34
  • Uae

    2.18
  • Other/Cash

    0.49

Sector Weightings (%) as of 05/31/22

  • Sector

    % of Net Assets
  • Materials

    26.7
  • Real Estate

    15.1
  • Financials

    14.0
  • Consumer Staples

    11.0
  • Information Technology

    9.7
  • Consumer Discretionary

    8.8
  • Health Care

    6.0
  • Industrials

    4.3
  • Communication Services

    4.0
  • Other/Cash

    0.5