Related Funds
EGPTVanEck Egypt Index ETF
Fund Description
VanEck Egypt Index ETF (EGPT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Egypt Index (MVEGPTTR), which includes securities of companies that are incorporated in Egypt or that are incorporated outside Egypt but have at least 50% of their revenues/related assets in Egypt.
-
Fund Ticker
EGPT -
Exchange
NYSE Arca -
Inception Date
02/16/2010 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVEGPTTR -
Index Rebalancing
Quarterly
as of 07/01/22
-
30-Day SEC Yield1
2.84% -
Total Net Assets
$14.3M -
Number of Holdings
27 -
Options
No -
Gross Expense Ratio2
1.10% -
Net Expense Ratio/TER2
1.02% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- Nation's First ETF Focused Exclusively on Egypt
Convenient access to the third-largest economy in Africa6
- Index Allows All-Cap Exposure
With mid- to small-cap tilt7
- Pure Play
Companies must be incorporated in, or derive at least 50% of total revenues from Egypt to be added to the index
Trading Information
-
Fund Ticker
EGPT -
Index Total Return Ticker
MVEGPTTR -
NAV
EGPTNV -
Intraday NAV (IIV)4
EGPTIV -
Shares Outstanding
799,974 -
Estimated Cash
EGPTEU -
Total Cash
EGPTTC -
CUSIP
92189F775 -
ISIN
US92189F7758
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.60% -
Gross Expense Ratio
1.10% -
Fee Waivers and
-0.08%
Expense Reimbursement -
Net Expense Ratio/TER2
1.02%
2Expenses for EGPT are capped contractually at 0.94% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- 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
Guo Hua (Jason) Jin
- 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
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 02/16/10 |
|
---|---|---|---|---|---|---|---|---|
EGPT (NAV) | -8.32 | -20.76 | -27.58 | -17.21 | -11.50 | -4.94 | -6.30 | -8.95 |
EGPT (Share Price) | -7.72 | -20.69 | -28.06 | -18.14 | -11.05 | -5.38 | -6.27 | -8.97 |
MVEGPTTR (Index) | -8.38 | -19.69 | -26.65 | -15.69 | -9.63 | -3.00 | -3.44 | -6.87 |
Performance Differential (NAV - Index) | 0.06 | -1.07 | -0.93 | -1.52 | -1.87 | -1.94 | -2.86 | -2.08 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 02/16/10 |
|
---|---|---|---|---|---|---|---|---|
EGPT (NAV) | -12.84 | -20.34 | -20.34 | -10.73 | -10.89 | -3.75 | -6.08 | -8.35 |
EGPT (Share Price) | -12.88 | -20.97 | -20.97 | -13.43 | -11.37 | -3.61 | -5.96 | -8.38 |
MVEGPTTR (Index) | -11.91 | -19.54 | -19.54 | -7.77 | -9.13 | -1.81 | -3.11 | -6.25 |
Performance Differential (NAV - Index) | -0.93 | -0.80 | -0.80 | -2.96 | -1.76 | -1.94 | -2.97 | -2.10 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Egypt Kuwait Holding Co Sae |
EKHO EY |
1,048,889 |
1,405,484 | 8.96 |
Commercial International Bank Egypt Sae |
CBKD LI |
664,296 |
1,328,592 | 8.47 |
Eastern Co Sae |
EAST EY |
1,867,824 |
1,062,995 | 6.77 |
Abou Kir Fertilizers & Chemical Industr |
ABUK EY |
746,685 |
1,043,473 | 6.65 |
E-Finance For Digital & Financial Inves |
EFIH EY |
1,000,052 |
896,389 | 5.71 |
Cairo Investment & Real Estate Developm |
CIRA EY |
1,161,602 |
772,659 | 4.92 |
Cleopatra Hospital |
CLHO EY |
2,828,305 |
759,646 | 4.84 |
Talaat Moustafa Group |
TMGH EY |
1,747,114 |
743,335 | 4.74 |
Elsewedy Electric Co |
SWDY EY |
1,719,816 |
670,313 | 4.27 |
Juhayna Food Industries |
JUFO EY |
1,493,449 |
663,549 | 4.23 |
Top 10 Total (%) | 59.55 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
Egypt
97.34 -
■
Uae
2.18 -
■
Other/Cash
0.49
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Materials
26.7 -
■
Real Estate
15.1 -
■
Financials
14.0 -
■
Consumer Staples
11.0 -
■
Information Technology
9.7 -
■
Consumer Discretionary
8.8 -
■
Health Care
6.0 -
■
Industrials
4.3 -
■
Communication Services
4.0 -
■
Other/Cash
0.5