VNM
VanEck Vietnam ETF
VNM
VanEck Vietnam ETF
-
NAV
$12.94
as of June 08, 2023 -
YTD RETURNS
10.12%
as of June 08, 2023 -
Total Net Assets
$527.31M
as of June 08, 2023 -
Gross Expense Ratio
0.66% -
Net Expense Ratio
0.66% -
Inception Date
08/11/2009
Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses) from exceeding 0.76% of the Fund's average daily net assets per year until at least May 1, 2024. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation.
Fund Description
VanEck Vietnam ETF (VNM®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector™ Vietnam Local Index (MVVNMLTR), which tracks securities of publicly traded companies that are locally incorporated in Vietnam.
Overview
Fund Highlights
- Demographic Advantage
Among the world's most populous nations where 58% of the population is working age with an average age of 32*
- One Trade Access to Vietnam
Largest and most liquid U.S. ETF that provides exposure to Vietnamese companies**
- Convenient Way to Customize International Exposure
Companies must be incorporated in Vietnam to be added to the index
- *Source: KPMG: Investing in Vietnam 2021
**Source: FactSet data
Vietnam’s Bright Macroeconomic Outlook