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EGPT
VanEck Egypt Index ETF

Fund Description

VanEck Egypt Index ETF (EGPT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Egypt Index (MVEGPTTR), which includes securities of companies that are incorporated in Egypt or that are incorporated outside Egypt but have at least 50% of their revenues/related assets in Egypt.

 
 

  • Fund Ticker

    EGPT

  • Exchange

    NYSE Arca

  • Inception Date

    02/16/2010

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Index Ticker

    MVEGPTTR

  • Index Rebalancing

    Quarterly

  as of 03/20/23

  • 30-Day SEC Yield1

    1.63%

  • Total Net Assets

    $14.8M

  • Number of Holdings

    26

  • Options

    No

  • Gross Expense Ratio2

    1.10%

  • Net Expense Ratio/TER2

    1.02%

  • Distribution Frequency

    Annual

  • Next Distribution Date

    12/15/2023
Schedule a Call
How to Buy

Key Documents and Links

EGPT Fact Sheet
Summary Prospectus
Management Team

Fund Highlights

  • Nation's First ETF Focused Exclusively on Egypt 
    Convenient access to the third-largest economy in Africa6

  • Index Allows All-Cap Exposure 
    With mid- to small-cap tilt7

  • Pure Play
    Companies must be incorporated in, or derive at least 50% of total revenues from Egypt to be added to the index

Trading Information

  • Fund Ticker

    EGPT

  • Index Total Return Ticker

    MVEGPTTR

  • NAV

    EGPTNV

  • Intraday NAV (IIV)4

    EGPTIV

  • Shares Outstanding

    924,974

  • Estimated Cash

    EGPTEU

  • Total Cash

    EGPTTC

  • CUSIP

    92189F775

  • ISIN

    US92189F7758
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.60%

  • Gross Expense Ratio

    1.10%

  • Fee Waivers and
    Expense Reimbursement

    -0.08%

  • Net Expense Ratio/TER2

    1.02%

2 Expenses for EGPT are capped contractually at 0.94% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 03/20/23

NAV/
Market
Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change NAV/
Last Price 		Premium/
Discount 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
EGPT $16.03
$15.94 		11,143
4,161 		$0.19 / +1.18%
$0.15 / +0.95% 		-21.44%
-21.07% 		$-0.10
-0.61% 		1.32%

Premium/Discount History as of 03/20/23

Calendar Year 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Premium/Discount Charts NAV & Prem/Discount History
EGPT Days closed at a premium 77 21 10 5 6
Days closed at NAV 8 0 1 3 0
Days closed at a discount 167 41 51 56 57

Periods with Elevated Premiums/Discounts

End Date Trading Days Reason / Contributing Factors
03/02/23 7 Time Zone Differences


Table presents periods when premium or discount was greater than 2% for seven or more consecutive days. Explanations of contributing factors are for informational purposes only and represent what VanEck reasonably believes to have contributed to the premium or discount at the time.

Performance History: Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) -1.78 -0.27 -8.60 -23.67 -9.70 -9.79 -7.34 -8.72
EGPT (Share Price) -1.46 -2.45 -9.46 -24.76 -9.50 -9.90 -7.49 -8.85
MVEGPTTR (Index) -1.21 2.13 -7.34 -19.58 -6.89 -7.74 -4.18 -6.48
Performance Differential (NAV - Index) -0.57 -2.40 -1.26 -4.09 -2.81 -2.05 -3.16 -2.24
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) 9.12 14.30 -23.67 -23.67 -9.40 -7.27 -7.03 -8.19
EGPT (Share Price) 7.75 13.58 -24.61 -24.61 -9.47 -7.35 -7.12 -8.25
MVEGPTTR (Index) 10.22 16.18 -20.73 -20.73 -7.06 -5.22 -3.96 -6.01
Performance Differential (NAV - Index) -1.10 -1.88 -2.94 -2.94 -2.34 -2.05 -3.07 -2.18

*Returns less than one year are not annualized.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

The "Net Asset Value" (NAV) of a Fund 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. Investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 02/28/23

Daily Holdings
Total Holdings: 26
Holding Name
Ticker
Shares
 Market Value
(US$) 		% of Net
Assets
Commercial International Bank Egypt Sae
CBKD LI
1,119,014
1,659,801 9.62
Eastern Co Sae
EAST EY
2,612,299
1,579,490 9.15
Abou Kir Fertilizers & Chemical Industr
ABUK EY
784,776
1,069,149 6.20
E-Finance For Digital & Financial Inves
EFIH EY
1,431,262
869,069 5.04
Cairn Energy Plc
CNE LN
273,853
826,861 4.79
Talaat Moustafa Group
TMGH EY
2,567,237
819,620 4.75
Centamin Plc
CEY LN
637,965
786,936 4.56
Telecom Egypt Co
ETEL EY
921,570
784,673 4.55
Elsewedy Electric Co
SWDY EY
1,724,060
777,968 4.51
Egyptian Financial Group-Hermes Holding
HRHO EY
1,138,605
767,570 4.45
Top 10 Total (%) 57.62
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%)
as of 02/28/23

Country % of Net Assets
● Egypt 93.56
● United Kingdom 4.79
● United Arab Emirates 1.56
● Other/Cash 0.08

Sector Weightings (%)
as of 02/28/23

Sector % of Net Assets
● Materials 20.59
● Financials 20.50
● Real Estate 14.97
● Information Technology 9.29
● Consumer Staples 9.15
● Consumer Discretionary 7.55
● Energy 4.79
● Communication Services 4.55
● Industrials 4.51
● Health Care 4.01
● Other/Cash 0.08

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