Daily Price as of 03/30/23
NAV† | DAILY CHANGE |
---|---|
$21.81 |
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Class I Details: ELMIX
INCEPTION DATE | GROSS/NET EXPENSES1 |
---|---|
02/28/22 | 1.07%/0.85% |
Fund Literature
Fund Summary and Key Points
The VanEck Emerging Markets Leaders Fund (the “Fund”) seeks long-term capital appreciation by investing primarily in equity securities in emerging markets around the world.
- Focuses on established large- and emerging mid-cap companies positioned to capture trends in consumption and innovation
- Targets companies with strong sustainable and structural growth-at a reasonable price (“SGARP”) profiles based on an active, bottom-up, fundamental research process
- Benefits from the experience, philosophy and process of a seasoned emerging markets investment team
The Investment Case for Emerging Markets
Fund Details
as of 02/28/23
-
Net Assets (All Classes)$5.2M
-
Number of Holdings44
-
Avg. Wtd. Market Cap$28.1B
-
Turnover Rate (2022)17.8%
-
P/E (LTM) / P/E (Forward)*13.7 / 15.1
-
P/B (LTM)*2.6
-
Benchmark IndexMSCI EM (GDUEEGF) Index
*Price-to-Earnings (P/E) ratio is the price of a stock divided by its earnings per share. Price-to-Book (P/B) ratio is the ratio of a stock's price to its book value.
Investment Style Box
This investment style box is based on the Fund's overall targeted capitalization range and relative valuation as determined by VanEck.
Performance History: Average Annual Total Returns* (%)
|
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE (02/28/22) |
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Leaders Fund: Class I | ||||||||
At Net Asset Value
|
-6.28 | 0.84 | 4.27 | -12.92 | -- | -- | -- | -12.92 |
MSCI EM Index2
|
-6.48 | -0.52 | 0.90 | -15.28 | 0.97 | -1.87 | 1.52 | -15.28 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE (02/28/22) |
|
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Leaders Fund: Class I | ||||||||
At Net Asset Value | -3.29 | 13.35 | -- | -- | -- | -- | -- | -16.48 |
MSCI EM Index2 | -1.41 | 9.70 | -20.09 | -20.09 | -2.69 | -1.40 | 1.44 | -16.04 |
Top 10 Holdings (%)
HOLDINGS |
SECTOR
|
% OF NET ASSETS |
---|---|---|
Reliance Industries Limited |
Energy
|
6.4 |
Kaspi.kz JSC Sponsored GDR RegS |
Financials
|
6.1 |
Taiwan Semiconductor Manufacturing Co., Ltd. |
Information Technology
|
5.7 |
Prosus N.V. Class N |
Consumer Discretionary
|
5.4 |
Samsung Electronics Co Ltd Pfd Non-Voting |
Information Technology
|
3.9 |
LG Chem Ltd. |
Materials
|
3.7 |
KE Holdings, Inc. Class A |
Real Estate
|
3.7 |
MercadoLibre, Inc. |
Consumer Discretionary
|
3.5 |
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA |
Industrials
|
3.4 |
HDFC Bank Limited |
Financials
|
3.3 |
Top 10 Total | 45.1 |
Sector Weightings (%)
as of 02/28/23
SECTOR | % OF NET ASSETS |
---|---|
Industrials | 19.9 |
Financials | 19.5 |
Information Technology | 15.6 |
Consumer Discretionary | 12.7 |
Materials | 7.8 |
Energy | 7.1 |
Health Care | 6.7 |
Real Estate | 3.7 |
Communication Services | 2.9 |
Utilities | 1.3 |
Consumer Staples | 1.3 |
Cash | 1.6 |
Country Weightings (%) as of 02/28/23
COUNTRY | % OF NET ASSETS |
---|---|
■
China
|
37.3 |
■
India
|
13.0 |
■
South Korea
|
8.8 |
■
Taiwan Region
|
7.5 |
■
Kazakhstan
|
6.1 |
■
Brazil
|
5.4 |
■
Argentina
|
4.4 |
■
Turkey
|
3.1 |
■
Philippines
|
2.8 |
■
Poland
|
2.1 |
■
Greece
|
2.1 |
■
Indonesia
|
1.6 |
■
Egypt
|
1.5 |
■
South Africa
|
1.3 |
■
Hungary
|
1.2 |
■
United Arab Emirates
|
0.2 |
■
Cash
|
1.6 |