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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
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MGINGRNR
  • Index Rebalancing

    Semi-Annually

 
as of 10/15/21

  • 30-Day SEC Yield1

    -0.07%
  • Total Net Assets

    $78.1M
  • Number of Holdings

    82
  • Options

    Expected
  • Gross Expense Ratio2

    1.13%
  • Net Expense Ratio/TER2

    0.94%
  • Distribution Frequency

    Annual

Key Points

  • 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

    1,774,967
  • Estimated Cash

    GLINEU
  • Total Cash

    GLINTC
  • CUSIP

    92189F767
  • ISIN

    US92189F7675
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.63%
  • Gross Expense Ratio

    1.13%
  • Fee Waivers and
    Expense Reimbursement

    -0.19%
  • Net Expense Ratio/TER2

    0.94%
2Expenses for GLIN are capped contractually at 0.85% until May 1, 2022. 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
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • 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 10/15/21

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
GLIN $43.98
$44.05
9,490
8,185
$0.17 / +0.38%
$0.25 / +0.57%
+33.50%
+34.99%
$0.07
0.16%
0.47%

Premium/Discount History as of 10/15/21

Calendar Year 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 33 2 13 0 1
GLIN Days closed at NAV 3 0 0 0 0
Days closed at a discount 217 62 48 63 63


Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) -0.88 8.54 28.45 50.60 2.67 -1.16 -0.59 -4.62
GLIN (Share Price) -0.90 8.36 28.69 49.85 2.15 -1.38 -0.26 -4.69
MGINGRNR (Index) -0.40 9.53 30.61 52.90 4.85 -0.03 0.18 -3.94
Performance Differential (NAV - Index) -0.48 -0.99 -2.16 -2.30 -2.18 -1.13 -0.77 -0.68
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/24/10
GLIN (NAV) -0.88 8.54 28.45 50.60 2.67 -1.16 -0.59 -4.62
GLIN (Share Price) -0.90 8.36 28.69 49.85 2.15 -1.38 -0.26 -4.69
MGINGRNR (Index) -0.40 9.53 30.61 52.90 4.85 -0.03 0.18 -3.94
Performance Differential (NAV - Index) -0.48 -0.99 -2.16 -2.30 -2.18 -1.13 -0.77 -0.68

Top 10 Holdings (%) as of 09/30/21 Daily Holdings

Total Holdings: 82
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
TATA CONSULTANCY SERVICES LTD
TCS IN
73,915
3,745,883 4.99
INFOSYS LTD
INFY US
165,789
3,688,805 4.91
ASIAN PAINTS LTD
APNT IN
83,746
3,650,559 4.86
WIPRO LTD
WPRO IN
423,104
3,594,018 4.79
DIVI'S LABORATORIES LTD
DIVI IN
55,440
3,579,499 4.77
ULTRATECH CEMENT LTD
UTCEM IN
35,296
3,502,280 4.66
CIPLA LTD/INDIA
CIPLA IN
257,884
3,409,549 4.54
BAJAJ AUTO LTD
BJAUT IN
61,763
3,182,178 4.24
HERO MOTOCORP LTD
HMCL IN
63,787
2,432,477 3.24
HAVELLS INDIA LTD
HAVL IN
106,099
1,950,376 2.60
Top 10 Total (%) 43.59
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 09/30/21

  • Country

    % of Net Assets
  • India

    98.56
  • United States

    1.45
  • Other/Cash

    -0.01

Sector Weightings (%) as of 09/30/21

  • Sector

    % of Net Assets
  • Materials

    27.7
  • Information Technology

    26.7
  • Health Care

    21.6
  • Consumer Discretionary

    9.4
  • Industrials

    6.8
  • Financials

    3.9
  • Communication Services

    2.8
  • Utilities

    0.8
  • Consumer Staples

    0.4
  • Other/Cash

    0.0