YUMYVanEck Future of Food ETF
Fund Description
The VanEck Future of Food ETF (YUMY) is an actively-managed ETF that seeks long-term capital appreciation by investing in companies engaged in Agri-Food technology and innovation which encompasses industries and companies that are leading, enabling, supplying, disrupting, or benefiting from new environmentally sustainable agriculture and food products and services.
-
Fund Ticker
YUMY -
Exchange
NYSE Arca -
Inception Date
11/30/2021 -
ETF Structure
Physical -
Administrator
Van Eck Associates
as of 03/17/23
-
30-Day SEC Yield1
1.72% -
Total Net Assets
$3.4M -
Number of Holdings
39 -
Options
No -
Gross Expense Ratio2
0.69% -
Net Expense Ratio/TER2
0.69% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- Population growth, environmental sustainability imperatives and evolving consumer preferences have created demand for Agri-Food innovations and alternatives with greater efficiency, resiliency and sustainability
- The agricultural and food sectors are in the early stages of what is likely to be a multi-decade transformation
- Active management provides the ability to target growth opportunities in this nascent market
Trading Information
-
Fund Ticker
YUMY -
NAV
YUMYNV -
Intraday NAV (IIV)4
YUMYIV -
Estimated Cash
YUMYEU -
Total Cash
YUMYTC -
CUSIP
92189H797 -
ISIN
US92189H7970
Fees and Expenses2
-
Management Fee
0.69% -
Other Expenses
-- -
Gross Expense Ratio
0.69% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.69%
2Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least May 1, 2023.
Investment Professionals
Shawn Reynolds
- Portfolio Manager
- Industry Experience Since 1987
- Joined VanEck in 2005
- Exploration Geologist
- MBA, Finance, Columbia University
- MA, Petroleum Geology, University of Texas, Austin
- BS, Engineering, Cornell University
Ammar James
- Deputy Portfolio Manager
- Industry Experience Since 2012
- Joined VanEck in 2019
- BS, Mathematics, SUNY Stony Brook
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/30/21 |
|
---|---|---|---|---|---|---|---|---|
YUMY (NAV) | -5.16 | -1.88 | 1.80 | -15.63 | -- | -- | -- | -19.48 |
YUMY (Share Price) | -5.32 | -2.27 | 1.69 | -15.59 | -- | -- | -- | -19.45 |
MSCI All Country World Index | -2.87 | 0.00 | 4.10 | -8.26 | 8.81 | -- | -- | -9.43 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 11/30/21 |
|
---|---|---|---|---|---|---|---|---|
YUMY (NAV) | -3.62 | 8.49 | -26.14 | -26.14 | -- | -- | -- | -23.31 |
YUMY (Share Price) | -3.89 | 8.30 | -26.21 | -26.21 | -- | -- | -- | -23.20 |
MSCI All Country World Index | -3.94 | 9.76 | -18.36 | -18.36 | 4.00 | -- | -- | -14.00 |
Top 10 Holdings (%) as of 02/28/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Deere & Co |
DE US
|
500
|
209,620 | 5.72 |
Corteva Inc |
CTVA US
|
3,295
|
205,246 | 5.61 |
Ingredion Inc |
INGR US
|
2,044
|
203,174 | 5.55 |
Fmc Corp |
FMC US
|
1,457
|
188,172 | 5.14 |
Nutrien Ltd |
NTR US
|
2,280
|
177,338 | 4.84 |
Bunge Ltd |
BG US
|
1,652
|
157,766 | 4.31 |
Novozymes A/S |
NZYMB DC
|
3,091
|
149,279 | 4.08 |
Orbia Advance Corp Sab De Cv |
ORBIA* MM
|
64,280
|
134,032 | 3.66 |
Valmont Industries Inc |
VMI US
|
408
|
129,471 | 3.54 |
Givaudan Sa |
GIVN SW
|
40
|
121,163 | 3.31 |
Top 10 Total (%) | 45.75 |
Country Weightings (%)
as of 02/28/23
Country | % of Net Assets |
---|---|
● United States | 53.83 |
● Switzerland | 8.36 |
● Canada | 6.06 |
● Denmark | 4.08 |
● Mexico | 3.66 |
● Ireland | 3.22 |
● Sweden | 3.03 |
● Germany | 2.94 |
● China | 2.69 |
● France | 2.51 |
● Brazil | 2.41 |
● Japan | 1.98 |
● Netherlands | 1.09 |
● Philippines | 0.88 |
● United Kingdom | 0.31 |
● Norway | 0.21 |
● Other/Cash | 2.75 |
Sector Weightings (%)
as of 02/28/23
Sector | % of Net Assets |
---|---|
● Materials | 40.76 |
● Consumer Staples | 34.31 |
● Industrials | 19.40 |
● Information Technology | 2.46 |
● Financials | 0.31 |
● Other/Cash | 2.75 |