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VNM
VanEck Vectors Vietnam ETF

  • Fund Description

    VanEck Vectors® Vietnam ETF (VNM®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS™ Vietnam Index (MVVNMTR®), which is comprised of securities of publicly traded companies that are incorporated in Vietnam or that are incorporated outside of Vietnam but have at least 50% of their revenues/related 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 08/21/17

    • 30-Day SEC Yield1

      2.24%

    • Total Net Assets

      $286.3M

    • Number of Holdings

      36

    • Options

      Expected

    • Gross Expense Ratio2

      0.66%

    • Net Expense Ratio/TER2

      0.66%

    • Distribution Frequency

      Annual

    • Next Distribution Date

      12/15/2017

  • Key Points

    Nation's First ETF Focused Exclusively on Vietnam 
    Among the world's most populous nations; nearly half the population is under the age of 25
    One-Trade Access to Local Market 
    Approximately 70% of Index market cap currently represents locally-listed Vietnamese companies
    Convenient Way to Customize International Exposure 
    Complement traditional foreign exposure with investments beyond mainstream emerging markets

  • Trading Information

    • Fund Ticker

      VNM

    • Index Total Return Ticker

      MVVNMTR

    • NAV

      VNMNV

    • Intraday NAV (IIV)4

      VNMIV

    • Shares Outstanding

      20,050,000

    • Estimated Cash

      VNMEU

    • Total Cash

      VNMTC

    • CUSIP

      92189F817

    • ISIN

      US92189F8178
    Source: Bloomberg

  • Fees and Expenses2

    • Management Fee

      0.50%

    • Other Expenses

      0.16%

    • Acquired Fund Fees and Expenses

      --

    • Gross Expense Ratio

      0.66%

    • Fee Waivers and
      Expense Reimbursement

      0.00%

    • Net Expense Ratio/TER2

      0.66%
    2Expenses for VNM are capped contractually at 0.76% until at least May 1, 2018. Cap excludes certain expenses, such as interest.

  • Prices as of 08/21/17

    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
    VNM $14.28
    $14.15     		148,122
    49,401     		-$0.08 / -0.53%
    $-0.04 / -0.28%     		+10.06%
    +8.51%
    		 $-0.13
    -0.91%

  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    08/11/09
    VNM (NAV)0.005.6214.491.18-8.61-0.88---4.35
    VNM (Share Price)-1.005.2713.34-0.27-8.28-0.74---4.43
    MVVNMTR (Index)0.065.8115.152.33-7.540.42---3.52
    Performance Differential (NAV - Index)-0.06-0.19-0.66-1.15-1.07-1.30---0.83
    Quarter End as of 06/30/17
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    08/11/09
    VNM (NAV)3.926.0014.493.73-7.76-1.11---4.40
    VNM (Share Price)3.396.4914.494.67-7.78-1.33---4.35
    MVVNMTR (Index)4.006.2715.095.09-6.640.29---3.56
    Performance Differential (NAV - Index)-0.08-0.27-0.60-1.36-1.12-1.40---0.84

    *Returns less than one year are not annualized.

    The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

    The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

  • Daily HoldingsTop 10 Holdings (%)  as of 07/31/17

    Total Holdings: 36
    Holding Name
    Ticker
    		SharesMarket Value
    (US$)    		% of Net
    Assets
    Vingroup Jsc
    VIC VN
    13,394,082
    		26,226,5048.60
    Vietnam Dairy Products Jsc
    VNM VN
    3,565,950
    		23,938,1227.85
    No Va Land Investment Group Corp
    NVL VN
    6,893,980
    		20,475,8176.71
    Bank For Foreign Trade Of Vietnam Jsc
    VCB VN
    10,753,722
    		17,862,5405.85
    Masan Group Corp
    MSN VN
    8,669,250
    		16,326,4875.35
    Flc Faros Construction Jsc
    ROS VN
    3,968,778
    		15,978,8445.24
    Eclat Textile Co Ltd
    1476 TT
    1,283,160
    		14,772,9614.84
    Hoa Phat Group Jsc
    HPG VN
    10,224,198
    		14,524,3934.76
    Saigon Securities Inc
    SSI VN
    12,109,791
    		14,005,9784.59
    Regina Miracle International Holdings L
    2199 HK
    15,134,000
    		13,331,6164.37
    Top 10 Total (%)58.16
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

  • Country Weightings (%) as of 07/31/17

    • Country

      % of Net Assets
    • ■

      VIETNAM

      74.25
    • ■

      SOUTH KOREA

      6.09
    • ■

      TAIWAN

      4.84
    • ■

      CHINA

      4.37
    • ■

      UNITED KINGDOM

      4.26
    • ■

      JAPAN

      3.80
    • ■

      AUSTRALIA

      2.34
    • ■

      Other/Cash

      0.04

  • Sector Weightings (%) as of 07/31/17

    • Sector

      % of Net Assets
    • ■

      Financials

      20.2
    • ■

      Consumer Staples

      19.1
    • ■

      Real Estate

      16.7
    • ■

      Consumer Discretionary

      15.8
    • ■

      Materials

      8.4
    • ■

      Industrials

      8.2
    • ■

      Energy

      4.3
    • ■

      Health Care

      3.8
    • ■

      Information Technology

      1.9
    • ■

      Utilities

      1.7
    • ■

      Other/Cash

      0.0

  • Important Disclosure

    VanEck only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules.

    130-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period. It does not reflect the yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. Distributions may vary from time to time.

    2VNM Fees & Expenses: Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses) from exceeding 0.76% of the Fund's average daily net assets per year until at least May 1, 2018. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".

    3Morningstar Ratings : © Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. 

    4IIV is an abbreviation for the intraday indicative value of an ETF's Shares (and is also known as the Indicative Optimized Portfolio Value or IOPV), and is disseminated every 15 seconds during regular trading hours. The IIV is based on the current market value of the securities and/or cash required to be deposited in exchange for a Creation Unit. The IIV does not necessarily reflect the precise composition of the current portfolio of securities held by the Fund at a particular point in time or the best possible valuation of the current portfolio. Therefore, the IIV should not be viewed as a "real-time" update of the Fund's NAV, which is computed only once a day. The Fund is not involved in, or responsible for, the calculation or dissemination of the IIV and makes no warranty as to its accuracy.

    6The S&P 500® Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector; as an Index, it is unmanaged and is not a security in which investments can be made.

    For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.

    An investment in the Fund may be subject to risks which include, among others, investing in Vietnamese issuers, issuers outside of Vietnam, foreign securities, frontier market issuers, foreign securities, frontier market issuers, foreign currency, depositary receipts, basic materials sector, consumer discretionary sector, consumer staples sector, financial services sector, small- and medium-capitalization companies, cash transactions, equity securities, market, operational, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, replication management, fund shares trading, premium/discount risk and liquidity of fund shares, issuer-specific changes, non-diversified and concentration risks, all of which may adversely affect the Fund. Foreign and frontier markets investments are subject to risks, which include changes in economic and political conditions, changes in foreign regulations, changes in currency exchange rates, unstable governments, restrictions of foreign ownership, and limited trading capacity which may make these investments volatile in price or difficult to trade. Small- and medium- capitalization companies may be subject to elevated risks. The Fund's assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

    MVIS Vietnam Index is the exclusive property of MV Index Solutions GmbH (a wholly owned subsidiary of the Adviser), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MV Index Solutions GmbH, Solactive AG has no obligation to point out errors in the Index to third parties. The VanEck Vectors Vietnam ETF is not sponsored, endorsed, sold or promoted by MV Index Solutions GmbH and MV Index Solutions GmbH makes no representation regarding the advisability of investing in the Fund.

    Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

    The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF's intraday trading value. VanEck Vectors ETF investors sh ould not expect to buy or sell shares at NAV.

    Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

    Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus , which contains this and other information, call 800.826.2333 or visit vaneck.com/etfs . Please read the prospectus and summary prospectus carefully before investing.

    This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction.

     

Van Eck Securities Corporation, Distributor
666 Third Avenue
New York, NY 10017
800.826.2333

 



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