Daily Price as of 06/29/22
NAV† | DAILY CHANGE |
---|---|
$21.61 | ![]() |
Class Z Details: ELMZX
INCEPTION DATE | GROSS/NET EXPENSES1 |
---|---|
1.13%/0.75% |
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 05/31/22
-
Net Assets (All Classes)$5.4M
-
Number of Holdings40
-
Avg. Wtd. Market Cap$28.9B
-
Turnover Rate (2021)--
-
P/E (LTM) / P/E (Forward)*16.2 / 15.5
-
P/B (LTM)*2.7
-
Benchmark IndexMSCI EM 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.
Top 10 Holdings (%)
Holdings | Sector | % of Net Assets |
---|---|---|
Reliance Industries Limited | Energy | 7.6 |
Taiwan Semiconductor Manufacturing Co., Ltd. | Information Technology | 6.4 |
LG Chem Ltd. | Materials | 4.6 |
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | Industrials | 4.2 |
Samsung Electronics Co Ltd Pfd Non-Voting | Information Technology | 3.7 |
Wuxi Biologics (Cayman) Inc. | Health Care | 3.6 |
MediaTek Inc | Information Technology | 3.5 |
Ganfeng Lithium Co., Ltd. Class A | Materials | 3.3 |
Kaspi.kz JSC Sponsored GDR RegS | Financials | 3.3 |
International Container Terminal Services, Inc. | Industrials | 3.2 |
Top 10 Total | 43.4 |
Holdings | Sector | % of Net Assets |
---|---|---|
Reliance Industries Limited | Energy | 7.3 |
Taiwan Semiconductor Manufacturing Co., Ltd. | Information Technology | 6.5 |
LG Chem Ltd. | Materials | 4.0 |
HDFC Bank Limited | Financials | 3.7 |
Samsung Electronics Co Ltd Pfd Non-Voting | Information Technology | 3.6 |
Wuxi Biologics (Cayman) Inc. | Health Care | 3.6 |
Ganfeng Lithium Co., Ltd. Class A | Materials | 3.4 |
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | Industrials | 3.3 |
MediaTek Inc | Information Technology | 3.3 |
MercadoLibre, Inc. | Consumer Discretionary | 3.1 |
Top 10 Total | 41.8 |
These are not recommendations to buy or sell any security. Holdings may vary.
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 Z | ||||||||
At Net Asset Value | 1.09 | -10.60 | -- | -- | -- | -- | -- | -10.60 |
MSCI EM Index2 | 0.47 | -7.22 | -- | -- | -- | -- | -- | -7.22 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE (02/28/22) |
|
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Leaders Fund: Class Z | ||||||||
At Net Asset Value | -5.24 | -- | -- | -- | -- | -- | -- | -5.24 |
MSCI EM Index2 | -2.22 | -- | -- | -- | -- | -- | -- | -2.22 |
Sector Weightings (%)
as of 05/31/22
SECTOR | % OF NET ASSETS |
---|---|
Information Technology | 20.0 |
Industrials | 16.8 |
Financials | 14.5 |
Materials | 10.0 |
Health Care | 9.9 |
Energy | 8.9 |
Consumer Discretionary | 7.3 |
Communication Services | 6.9 |
Real Estate | 1.9 |
Utilities | 1.7 |
Consumer Staples | 1.2 |
Cash | 1.0 |
Country Weightings (%) as of 05/31/22
COUNTRY | % OF NET ASSETS |
---|---|
■
China
|
38.9 |
■
India
|
13.4 |
■
South Korea
|
10.8 |
■
Taiwan Region
|
9.9 |
■
Brazil
|
7.6 |
■
Kazakhstan
|
3.3 |
■
Philippines
|
3.2 |
■
Argentina
|
2.2 |
■
Turkey
|
1.8 |
■
Indonesia
|
1.7 |
■
Poland
|
1.7 |
■
Greece
|
1.3 |
■
Egypt
|
1.2 |
■
South Africa
|
1.2 |
■
Hungary
|
0.9 |
■
Cash
|
1.0 |