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VanEck VIP Emerging Markets Fund

 

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.


 

Fund Details

 

09/30/21
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

Fund Summary

 

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 (%)

 

09/30/21
China 28.5
India 11.9
Taiwan 11.1
South Korea 9.5
Brazil 6.2
Russia 5.6
Turkey 3.1
Argentina 3.1
Philippines 2.7
Mexico 2.5
Germany 2.3
Egypt 2.0
Other EM 9.7
Cash 1.8

Sector Weightings (%)

 

09/30/21
Consumer Discretionary 21.4
Financials 20.5
Information Technology 16.4
Communication Services 10.8
Industrials 8.1
Health Care 7.8
Energy 3.9
Real Estate 3.5
Materials 3.1
Consumer Staples 2.7
Cash 1.8

Top 10 Holdings (%)

 

09/30/21
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
MercadoLibre, Inc. 3.0
LG Chem Ltd. 2.9
Tencent Holdings Ltd. 2.8
Delivery Hero SE 2.3
MediaTek Inc 2.3

View All Holdings

These are not recommendations to buy or sell any security. Holdings may vary.

Market Capitalization Breakdown

 

09/30/21
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.