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||$182.8M||P/E (LTM) / P/E (Forward)||24.2/19.9|
|Number of Holdings||89||P/B (LTM)||3.9|
|Turnover Rate (2020)||28.5%||Average Weighted Market Cap||$27.6B|
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 (%)
|Tencent Holdings Ltd.||6.6|
|Alibaba Group Holding Ltd.||6.0|
|HDFC Bank Limited||5.2|
|Taiwan Semiconductor Manufacturing Co., Ltd.||3.7|
|Samsung Electronics Co Ltd Pfd Non-Voting||2.9|
|Prosus N.V. Class N||2.8|
|Samsung SDI Co., Ltd||2.4|
|Meituan Class B||2.0|
|China Education Group Holdings Limited||1.9|
|Naspers Limited Class N||1.9|
These are not recommendations to buy or sell any security. Holdings may vary.
Market Capitalization Breakdown
|Large (>= $10 billion)||62.0|
|Mid (< $10 billion >= $2 billion)||23.1|
|Small (< $2 billion)||14.9|
|Average Weighted Market Cap||$27.6B|
Market capitalization (cap) is the value of a corporation as determined by the market price of its issued and outstanding common stock.