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VNM Market Vectors Vietnam ETF

  • Fund Description

    Market Vectors® Vietnam ETF (VNM®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Vietnam Index (MVVNMTR), which is comprised of securities of companies that are incorporated in Vietnam or that generate at least 50% of their revenues (or, in certain circumstances, have at least 50% of their assets) in Vietnam. In addition, the Fund may invest in securities of companies that (i) are expected to generate at least 50% of their revenues in Vietnam or (ii) demonstrate a significant and/or dominant position in the Vietnamese market and are expected to grow.

  •  
      

    • Fund Ticker

      VNM
    • Exchange

      NYSE Arca
    • Commencement

      08/11/2009
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVVNMTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/11/16

    • 30-Day SEC Yield1

      4.28%
    • Total Net Assets

      $337.2M
    • Number of Holdings

      31
    • Options

      Expected
    • Gross Expense Ratio2

      0.70%
    • Net Expense Ratio/TER2

      0.70%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Index Key Points

    Underlying Index: Market Vectors Vietnam Index (MVVNMTR) 

    The Index comprises: 

    A diversified group of many of the largest and most liquid companies in the investable universe

    Companies eligible for inclusion in Index: 

    • Companies incorporated and listed in Vietnam
    • Offshore companies are incorporated outside Vietnam:
      • Generating at least 50.00% of their revenues (or, where applicable, at least 50% of their assets) in Vietnam, or
      • Expected to generate at least 50.00% of their revenues in Vietnam, or
      • Demonstrating a significant position in the Vietnamese market and are expected to grow.
    • Market cap exceeding $150 million and three-month average daily turnover greater than $1 million at the current Index review and also during the previous two reviews
    • At least 250,000 shares traded per month over the last six months at the current Index review and also during the previous two reviews
    • Trade on recognized domestic or international stock exchanges

    Index provider: 

    Market Vectors Index Solutions 

  • Index Profile

    • Ticker

      MVVNMTR
    • Inception Date

      11/24/2008
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)  as of 01/31/16

    Total Constituents: 25
    Constituent Name
    Ticker
    Weightings (%)
    Vincom Jsc
    VIC VN
    10.01
    Jsc Bank For Foreign Trade
    VCB VN
    8.47
    Masan Group Corp
    MSN VN
    7.74
    Saigon Thuong Tin Commercial
    STB VN
    6.80
    Saigon Securities Inc
    SSI VN
    6.32
    Baoviet Holdings
    BVH VN
    5.68
    Hansae Co Ltd
    105630 KS
    5.59
    Soco International Plc
    SIA LN
    5.35
    Donaco Intl Ltd
    DNA AU
    4.63
    Petrovietnam Fert & Chemical
    DPM VN
    4.31
    Top 10 Total (%)64.90
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 01/31/16

    • Country

      Weightings (%)
    • VIETNAM

      82.9
    • UNITED KINGDOM

      6.9
    • SOUTH KOREA

      5.6
    • AUSTRALIA

      4.6
  • Index Sector Weightings (%) as of 01/31/16

    • Sector

      Weightings (%)
    • Financials

      47.0
    • Energy

      13.0
    • Consumer Staples

      10.3
    • Consumer Discretionary

      10.2
    • Materials

      8.0
    • Utilities

      5.9
    • Industrials

      5.6