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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 12/02/22

  • 30-Day SEC Yield1

    2.78%
  • Total Net Assets

    $14.5M
  • Number of Holdings

    25
  • Options

    No
  • Gross Expense Ratio2

    1.10%
  • Net Expense Ratio/TER2

    1.02%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Fund Highlights

  • 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

    749,974
  • 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
  • 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 12/02/22

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 $19.33
$18.96
7,233
35,234
$-0.01 / -0.04%
$-0.04 / --
--
--
$-0.37
-1.91%
1.04%

Premium/Discount History as of 12/02/22

Calendar Year 2021 4Q 2021 1Q 2022 2Q 2022 3Q 2022 Premium/Discount Charts NAV & Prem/Discount History
EGPT Days closed at a premium 77 14 21 10 5
Days closed at NAV 8 2 0 1 3
Days closed at a discount 167 48 41 51 56

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) -5.56 -6.10 -36.93 -33.22 -16.71 -9.61 -9.73 -9.66
EGPT (Share Price) -5.63 -6.26 -37.36 -33.03 -16.89 -9.88 -9.25 -9.68
MVEGPTTR (Index) -5.22 -5.90 -35.33 -30.57 -14.86 -7.82 -6.77 -7.58
Performance Differential (NAV - Index) -0.34 -0.20 -1.60 -2.65 -1.85 -1.79 -2.96 -2.08
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) -3.67 1.40 -33.22 -27.17 -14.55 -7.14 -9.56 -9.31
EGPT (Share Price) -3.45 1.83 -33.62 -26.37 -14.52 -7.44 -9.48 -9.33
MVEGPTTR (Index) -3.76 2.52 -31.76 -25.17 -12.75 -5.33 -6.78 -7.23
Performance Differential (NAV - Index) 0.09 -1.12 -1.46 -2.00 -1.80 -1.81 -2.78 -2.08

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

Daily Holdings
Total Holdings: 25
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Commercial International Bank Egypt Sae
CBKD LI
1,052,944
1,336,250 10.43
Egypt Kuwait Holding Co Sae
EKHO EY
952,739
1,102,403 8.60
Abou Kir Fertilizers & Chemical Industr
ABUK EY
831,249
926,307 7.23
Eastern Co Sae
EAST EY
1,868,234
921,032 7.19
Talaat Moustafa Group
TMGH EY
2,114,595
724,037 5.65
Centamin Plc
CEY LN
682,059
696,128 5.43
E-Finance For Digital & Financial Inves
EFIH EY
992,102
657,488 5.13
Elsewedy Electric Co
SWDY EY
1,710,363
603,116 4.71
Telecom Egypt Co
ETEL EY
791,560
600,774 4.69
Fawry For Banking & Payment Technology
FWRY EY
3,330,487
541,980 4.23
Top 10 Total (%) 63.29
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%)
as of 10/31/22

Country % of Net Assets
Egypt 98.41
United Arab Emirates 1.66
Other/Cash -0.07

Sector Weightings (%)
as of 10/31/22

Sector % of Net Assets
Materials 27.57
Financials 16.53
Real Estate 15.69
Consumer Staples 9.51
Information Technology 9.36
Consumer Discretionary 7.83
Industrials 4.71
Communication Services 4.69
Health Care 4.19
Other/Cash -0.07

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