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VanEck VIP Emerging Markets Fund


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.


Fund Details


Net Assets $166.7M P/E (LTM) / P/E (Forward) 18.0/17.0
Number of Holdings 80 P/B (LTM) 3.4
Turnover Rate (2020) 28.5% Average Weighted Market Cap $22.5B

Fund Summary


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 (%)


China 29.1
India 11.9
Taiwan Region 11.8
South Korea 9.8
Russia 5.7
Brazil 5.1
Turkey 2.9
Argentina 2.8
Philippines 2.6
Germany 2.3
Egypt 2.2
Mexico 2.1
Other EM 10.1
Cash 1.6

Sector Weightings (%)


Consumer Discretionary 21.7
Financials 21.2
Information Technology 17.2
Communication Services 10.2
Industrials 7.4
Health Care 7.1
Energy 4.2
Materials 3.5
Real Estate 3.4
Consumer Staples 2.5
Cash 1.6

Top 10 Holdings (%)


HDFC Bank Limited 5.0
Taiwan Semiconductor Manufacturing Co., Ltd. 4.4
Reliance Industries Limited 3.9
Prosus N.V. Class N 3.4
LG Chem Ltd. 3.2
Samsung Electronics Co Ltd Pfd Non-Voting 3.0
Tencent Holdings Ltd. 2.8
MercadoLibre, Inc. 2.8
MediaTek Inc 2.6
Sea Ltd. (Singapore) Sponsored ADR Class A 2.4

View All Holdings

These are not recommendations to buy or sell any security. Holdings may vary.

Market Capitalization Breakdown


Large (>= $10 billion) 61.2
Mid (< $10 billion >= $2 billion) 22.6
Small (< $2 billion) 16.2
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.