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LFEQ
VanEck Vectors NDR CMG Long/Flat Allocation ETF

Fund Description

VanEck Vectors®NDR CMG Long/Flat Allocation ETF (LFEQ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ned Davis Research CMG US Large Cap Long/Flat Index (NDRCMGLF). The NDRCMGLF Index follows a proprietary model that determines when, and by how much, it allocates to U.S. equities and/or U.S. Treasury bills to seek to help avoid losses in declining markets or capitalize from rising markets. The model produces daily trade signals to determine the Index's equity allocation percentage (100%, 80%, 40%, or 0%).

 
 

  • Fund Ticker

    LFEQ
  • Exchange

    NYSE Arca
  • Index Total Return Ticker

    NDRCMGLF
  • Index Provider

    Ned Davis Research, Inc.
  • Administrator

    Van Eck Associates
  • Custodian

    Bank of New York Mellon
  • Index Ticker

    NDRCMGLF
  • Commencement

    10/04/2017

 
as of 01/23/19

  • 30-Day SEC Yield1

    1.60%
  • Total Net Assets

    $56.1M
  • Number of Holdings

    2
  • Options

    Expected
  • Gross Expense Ratio2

    0.63%
  • Net Expense Ratio/TER2

    0.59%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    --

Positioning Points

Tactically allocates between S&P 500 equities and U.S. T-bills

 

Seeks to minimize impact of market downturns and participate in uptrends

 

Driven by the institutional expertise of Ned Davis Research

 

Trading Information

  • Fund Ticker

    LFEQ
  • Index Total Return Ticker

    NDRCMGLF
  • NAV

    LFEQNV
  • Intraday NAV (IIV)4

    LFEQIV
  • Shares Outstanding

    2,200,000
  • Estimated Cash

    LFEQEU
  • Total Cash

    LFEQTC
  • CUSIP

    92189F148
  • ISIN

    US92189F1488
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.09%
  • Acquired Fund Fees and Expenses

    0.04%
  • Gross Expense Ratio

    0.63%
  • Fee Waivers and
    Expense Reimbursement

    -0.04%
  • Net Expense Ratio/TER2

    0.59%
2Expenses for LFEQ are capped contractually at 0.55% until February 1, 2019. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 01/23/19

NAV/
Last Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
NAV
Chart
LFEQ $25.49
$25.49
27,331
13,323
$0.02 / +0.06%
$0.05 / +0.19%
+3.24%
+3.66%
$0.00
0.00%

View All Indices View All ETFs Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/04/17
LFEQ (NAV) -6.82 -11.64 -4.51 -4.51 -- -- -- 0.06
LFEQ (Share Price) -7.33 -11.93 -5.18 -5.18 -- -- -- -0.27
NDRCMGLF (Index) -7.00 -11.60 -4.20 -4.20 -- -- -- 0.63
Performance Differential (NAV - Index) 0.18 -0.04 -0.31 -0.31 -- -- -- -0.57
S&P 500 Index -9.03 -13.52 -4.38 -4.38 9.26 8.49 13.12 0.98
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/04/17
LFEQ (NAV) -6.82 -11.64 -4.51 -4.51 -- -- -- 0.06
LFEQ (Share Price) -7.33 -11.93 -5.18 -5.18 -- -- -- -0.27
NDRCMGLF (Index) -7.00 -11.60 -4.20 -4.20 -- -- -- 0.63
Performance Differential (NAV - Index) 0.18 -0.04 -0.31 -0.31 -- -- -- -0.57
S&P 500 Index -9.03 -13.52 -4.38 -4.38 9.26 8.49 13.12 0.98

Download All Holdings Daily Holdings (%)as of 01/23/19

Total Holdings: 2
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
United States Treasury Bill
912796RB7
33,603,000
33,494,109 59.73
Vanguard S&P 500 ETF
VOO US
93,806
22,702,928 40.49
Other/Cash
--
--
-120,791 -0.22
Total (%) 100.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.