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.
|Net Assets||$176.8M||P/E (LTM) / P/E (Forward)||18.7/17.2|
|Number of Holdings||80||P/B (LTM)||3.5|
|Turnover Rate (2020)||28.5%||Average Weighted Market Cap||$22.5B|
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 (%)
Sector Weightings (%)
Top 10 Holdings (%)
|HDFC Bank Limited||5.0|
|Taiwan Semiconductor Manufacturing Co., Ltd.||4.1|
|Reliance Industries Limited||3.2|
|Prosus N.V. Class N||3.2|
|Samsung Electronics Co Ltd Pfd Non-Voting||3.1|
|Tencent Holdings Ltd.||3.0|
|LG Chem Ltd.||2.7|
|Delivery Hero SE||2.5|
|China Education Group Holdings Limited||2.4|
These are not recommendations to buy or sell any security. Holdings may vary.
Market Capitalization Breakdown
|Large (>= $10 billion)||60.6|
|Mid (< $10 billion >= $2 billion)||24.7|
|Small (< $2 billion)||14.7|
|Average Weighted Market Cap||$22.5B|
Market capitalization (cap) is the value of a corporation as determined by the market price of its issued and outstanding common stock.