EGPT
VanEck Egypt Index ETF
EGPT
VanEck Egypt Index ETF
-
NAV
$19.09
as of June 02, 2023 -
YTD RETURNS
-6.45%
as of June 02, 2023 -
Total Net Assets
$15.27M
as of June 02, 2023 -
Gross Expense Ratio
1.35% -
Net Expense Ratio
1.24% -
Inception Date
02/16/2010
EGPT 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, trading expenses, taxes and extraordinary expenses) from exceeding 0.94% of the Fund's average daily net assets per year until at least May 1, 2024. 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".
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.
Overview
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