The VanEck VIP Emerging Markets Fund seeks long-term capital appreciation by investing in equity securities in emerging markets around the world. The Fund is a global emerging markets equity portfolio focused on companies with growth potential at a reasonable price (“GARP”). Our bottom-up investment process is driven by fundamental research into the sustainability of a company’s growth drivers, and is oriented toward strong secular stories, many of which reflect domestic demand themes and are often found in smaller-capitalization stocks.
|Net Assets||$164.9M||P/E (LTM) / P/E (Forward)||18.6/17.0|
|Number of Holdings||80||P/B (LTM)||3.4|
|Turnover Rate (2020)||28.5%||Average Weighted Market Cap||$21.1B|
The Fund seeks long-term capital appreciation by investing primarily in equity securities in emerging markets around the world. The Fund's benchmark is the Morgan Stanley Capital International Emerging Markets Index.
Country Weightings (%)
Sector Weightings (%)
Top 10 Holdings (%)
|HDFC Bank Limited||5.1|
|Taiwan Semiconductor Manufacturing Co., Ltd.||4.1|
|Reliance Industries Limited||3.8|
|Samsung Electronics Co Ltd Pfd Non-Voting||3.2|
|Prosus N.V. Class N||3.1|
|LG Chem Ltd.||2.9|
|Tencent Holdings Ltd.||2.8|
|Delivery Hero SE||2.3|
These are not recommendations to buy or sell any security. Holdings may vary.
Market Capitalization Breakdown
|Large (>= $10 billion)||60.1|
|Mid (< $10 billion >= $2 billion)||22.7|
|Small (< $2 billion)||17.2|
|Average Weighted Market Cap||$21.1B|
Market capitalization (cap) is the value of a corporation as determined by the market price of its issued and outstanding common stock.