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GLIN
VanEck India Growth Leaders ETF

Fund Description

VanEck India Growth Leaders ETF (GLIN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader India All-Cap Growth Leaders Index (MGINGRNR), which consists of fundamentally sound Indian companies that exhibit attractive growth potential at a reasonable price.

 
 

  • Fund Ticker

    GLIN

  • Exchange

    NYSE Arca

  • Inception Date

    08/24/2010

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Index Ticker

    MGINGRNR

  • Index Rebalancing

    Semi-Annually

  as of 03/24/23

  • 30-Day SEC Yield1

    1.45%

  • Total Net Assets

    $47.4M

  • Number of Holdings

    83

  • Options

    Available

  • Gross Expense Ratio2

    1.00%

  • Net Expense Ratio/TER2

    0.82%

  • Distribution Frequency

    Annual

  • Next Distribution Date

    12/15/2023
Schedule a Call
How to Buy

Key Documents and Links

GLIN Fact Sheet
Summary Prospectus
Management Team

Fund Highlights

  • Access fundamentally sound Indian companies with attractive growth potential at a reasonable price (“GARP”)

  • Represents the entire Indian opportunity set regardless of size6

  • Potential to outperform traditional capitalization-weighted benchmarks by selecting top-ranked companies

Trading Information

  • Fund Ticker

    GLIN

  • Index Total Return Ticker

    MGINGRNR

  • NAV

    GLINNNV

  • Intraday NAV (IIV)4

    GLINNIV

  • Shares Outstanding

    1,524,967

  • Estimated Cash

    GLINEU

  • Total Cash

    GLINTC

  • CUSIP

    92189F767

  • ISIN

    US92189F7675
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.50%

  • Gross Expense Ratio

    1.00%

  • Fee Waivers and
    Expense Reimbursement

    -0.18%

  • Net Expense Ratio/TER2

    0.82%

2 Expenses for GLIN are capped contractually at 0.75% 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 03/24/23

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
GLIN $31.11
$31.07 		3,743
3,894 		$-0.20 / -0.64%
$-0.16 / -0.51% 		-4.61%
-4.87% 		$-0.04
-0.12% 		1.30%

Premium/Discount History as of 03/24/23

Calendar Year 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Premium/Discount Charts NAV & Prem/Discount History
GLIN Days closed at a premium 32 5 1 32 49
Days closed at NAV 1 1 0 0 1
Days closed at a discount 219 56 61 32 13

Performance History: Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) -4.40 -7.23 -2.69 -15.27 1.07 -11.99 -0.62 -6.16
GLIN (Share Price) -4.40 -7.55 -3.03 -14.79 1.82 -12.03 -0.74 -6.17
MGINGRNR (Index) -4.01 -6.64 -2.61 -14.95 3.30 -10.96 0.04 -5.61
Performance Differential (NAV - Index) -0.39 -0.59 -0.08 -0.32 -2.23 -1.03 -0.66 -0.55
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) -4.66 2.86 -21.99 -21.99 0.51 -13.18 -2.09 -6.03
GLIN (Share Price) -4.66 3.31 -21.39 -21.39 0.51 -13.01 -2.13 -6.02
MGINGRNR (Index) -4.15 2.78 -22.38 -22.38 2.56 -12.03 -1.33 -5.48
Performance Differential (NAV - Index) -0.51 0.08 0.39 0.39 -2.05 -1.15 -0.76 -0.55

*Returns less than one year are not annualized.

**Index data prior to May 1, 2020 reflects that of the MVIS India Small Cap Index (MVSCIFTR). From May 1, 2020 forward, the index data reflects that of the Fund's underlying index, the MarketGrader India All Cap Growth Leaders Index (MGINGRNR). Index history which includes periods prior to May 1, 2020 links the performance of MVSCIFTR and MGINGRNR and is not intended for third party use.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

The "Net Asset Value" (NAV) of a Fund is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 02/28/23

Daily Holdings
Total Holdings: 82
Holding Name
Ticker
Shares
 Market Value
(US$) 		% of Net
Assets
Itc Ltd
ITC IN
612,933
2,791,720 5.77
Oil & Natural Gas Corp Ltd
ONGC IN
1,492,048
2,737,682 5.66
Sun Pharmaceutical Industries Ltd
SUNP IN
227,784
2,634,286 5.44
Infosys Ltd
INFY US
137,345
2,463,969 5.09
Tata Steel Ltd
TATA IN
1,877,435
2,361,188 4.88
Hindalco Industries Ltd
HNDL IN
477,391
2,302,923 4.76
Coal India Ltd
COAL IN
863,800
2,249,719 4.65
Larsen & Toubro Infotech Ltd
LTIM IN
36,388
2,075,923 4.29
Divi's Laboratories Ltd
DIVI IN
52,317
1,786,668 3.69
Bharat Electronics Ltd
BHE IN
1,372,461
1,569,530 3.24
Top 10 Total (%) 47.47
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%)
as of 02/28/23

Country % of Net Assets
● India 99.22
● United States 0.71
● Other/Cash 0.07

Sector Weightings (%)
as of 02/28/23

Sector % of Net Assets
● Materials 27.51
● Information Technology 16.72
● Energy 13.43
● Industrials 12.52
● Health Care 10.69
● Consumer Staples 8.94
● Communication Services 4.37
● Consumer Discretionary 3.92
● Financials 1.45
● n/a 0.37
● Other/Cash 0.07

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