AFKVanEck Africa Index ETF

Grow my money17y track recordRanked #1,296 of 2,960 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%

#3,883 of 5,562 · expensive

Fund Size

$117M

#2,788 of 5,562 · mid-size

Return (1Y)Goal

+38.5%

Track Record

17 years

#610 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$14,343+43.4%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Strategy

Index tracking

Index tracked

MVIS GDP Africa Index

What it actually holds

By weight

Concentration

Top 10 holdings = 41.3% of fundmoderately concentrated

Attijariwafa Bank

6.2%

Airtel Africa PLC

4.9%

Endeavour Mining PLC

4.8%

Naspers Ltd

4.5%

Anglo American PLC

4.2%

Ivanhoe Mines Ltd

3.9%

Banque Centrale Populaire

3.3%

Perseus Mining Ltd

3.3%

Gold Fields Ltd

3.2%

Guaranty Trust Holding Co PLC

3.0%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Financial Services

37.1%

Basic Materials

34.1%

Communication

12.5%

Consumer Cyclical

6.3%

Energy

4.3%

Industrials

3.4%

Consumer Defensive

1.5%

Healthcare

0.5%

Other

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

26.8%High

Year-on-year price swings

Max drawdown

-53.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.73Decent risk-adjusted returns

Sortino (3Y)

1.03Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to replicate the price and yield performance of the MVIS GDP Africa Index.
Strategy: Invests primarily in securities of African companies, including local listings and those with significant revenues from Africa. Uses a passive approach to replicate the Africa Index's performance.
Inception date: July 10, 2008
Fund family: VanEck