AFKVanEck Africa Index ETF

Grow my money18y track recordRanked #1,328 of 3,055 in this goal

Seeks to replicate the price and yield performance of the MVIS GDP Africa Index.

By VanEck · Launched 2008

Annual Cost

0.76%

#4,201 of 6,040 · expensive

Fund Size

$108M

#3,015 of 6,040 · mid-size

Return (1Y)

+25.1%

Track Record

18 years

#606 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,847+28.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Strategy

Index tracking

Index tracked

MVIS GDP Africa Index

Holdings

By weight

Concentration

Top 10 holdings = 40.8% of fundmoderately concentrated

Attijariwafa Bank

7.4%

Endeavour Mining PLC

4.6%

Anglo American PLC

4.4%

Airtel Africa PLC

4.1%

Guaranty Trust Holding Co PLC

3.6%

Banque Centrale Populaire

3.5%

Naspers Ltd

3.5%

Ivanhoe Mines Ltd

3.3%

Gold Fields Ltd

3.3%

Golar LNG Ltd

3.1%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Basic Materials

38.4%

Financial Services

31.5%

Communication

10.6%

Consumer Cyclical

7.0%

Energy

6.7%

Industrials

3.0%

Consumer Defensive

1.9%

Healthcare

0.5%

Other

0.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

28.0%High

Year-on-year price swings

Max drawdown

-53.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.95Decent risk-adjusted returns

Sortino (3Y)

1.36Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to replicate the price and yield performance of the MVIS GDP Africa Index.
Strategy: Uses a passive investment approach to replicate the MVIS GDP Africa Index by investing at least 80% in securities of African companies, including small- and medium-capitalization firms. Concentrates in sectors like financials, basic materials, and communication services as represented in the Index.
Inception date: July 10, 2008
Fund family: VanEck