Daily Price as of 05/27/22
NAV† | DAILY CHANGE |
---|---|
$21.86 | ![]() |
Class Z Details: ELMZX
INCEPTION DATE | GROSS/NET EXPENSES1 |
---|---|
1.13%/0.75% |
Fund Literature
Fund Summary and Key Points
The VanEck Emerging Markets Leaders Fund (the “Fund”) seeks long-term capital appreciation by investing primarily in equity securities in emerging markets around the world.
- Focuses on established large- and emerging mid-cap companies positioned to capture trends in consumption and innovation
- Targets companies with strong sustainable and structural growth-at a reasonable price (“SGARP”) profiles based on an active, bottom-up, fundamental research process
- Benefits from the experience, philosophy and process of a seasoned emerging markets investment team
The Investment Case for Emerging Markets
Fund Details
as of 04/30/22
-
Net Assets (All Classes)$5.3M
-
Number of Holdings40
-
Avg. Wtd. Market Cap$28.5B
-
Turnover Rate (2021)--
-
P/E (LTM) / P/E (Forward)*16.2 / 15.7
-
P/B (LTM)*2.9
-
Benchmark IndexMSCI EM Index
*Price-to-Earnings (P/E) ratio is the price of a stock divided by its earnings per share. Price-to-Book (P/B) ratio is the ratio of a stock's price to its book value.
Top 10 Holdings (%)
Holdings | Sector | % of Net Assets |
---|---|---|
Reliance Industries Limited | Energy | 8.2 |
Taiwan Semiconductor Manufacturing Co., Ltd. | Information Technology | 6.1 |
Kaspi.kz JSC Sponsored GDR RegS | Financials | 4.0 |
LG Chem Ltd. | Materials | 4.0 |
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | Industrials | 3.6 |
Wuxi Biologics (Cayman) Inc. | Health Care | 3.6 |
Samsung Electronics Co Ltd Pfd Non-Voting | Information Technology | 3.5 |
International Container Terminal Services, Inc. | Industrials | 3.2 |
MediaTek Inc | Information Technology | 3.1 |
Pharmaron Beijing Co., Ltd. Class H | Health Care | 3.1 |
Top 10 Total | 42.4 |
Holdings | Sector | % of Net Assets |
---|---|---|
Reliance Industries Limited | Energy | 7.3 |
Taiwan Semiconductor Manufacturing Co., Ltd. | Information Technology | 6.5 |
LG Chem Ltd. | Materials | 4.0 |
HDFC Bank Limited | Financials | 3.7 |
Samsung Electronics Co Ltd Pfd Non-Voting | Information Technology | 3.6 |
Wuxi Biologics (Cayman) Inc. | Health Care | 3.6 |
Ganfeng Lithium Co., Ltd. Class A | Materials | 3.4 |
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA | Industrials | 3.3 |
MediaTek Inc | Information Technology | 3.3 |
MercadoLibre, Inc. | Consumer Discretionary | 3.1 |
Top 10 Total | 41.8 |
These are not recommendations to buy or sell any security. Holdings may vary.
Country Weightings (%) as of 04/30/22
Country | % of Net Assets |
---|---|
■
China
|
38.1 |
■
India
|
14.5 |
■
South Korea
|
9.9 |
■
Taiwan Region
|
9.3 |
■
Brazil
|
7.2 |
■
Kazakhstan
|
4.0 |
■
Philippines
|
3.2 |
■
Argentina
|
2.7 |
■
Turkey
|
2.0 |
■
Indonesia
|
1.8 |
■
Poland
|
1.5 |
■
Egypt
|
1.4 |
■
Other
|
3.5 |
■
Cash
|
0.9 |
Investment Style Box
This investment style box is based on the Fund's overall targeted capitalization range and relative valuation as determined by VanEck.
Sector Weightings (%)
as of 04/30/22
Sector | % of Net Assets |
---|---|
Information Technology | 18.8 |
Industrials | 16.0 |
Financials | 16.0 |
Health Care | 10.3 |
Energy | 9.7 |
Materials | 8.9 |
Consumer Discretionary | 7.7 |
Communication Services | 6.7 |
Utilities | 2.0 |
Real Estate | 1.8 |
Consumer Staples | 1.2 |
Cash | 0.9 |
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE (02/28/22) |
|
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Leaders Fund: Class Z | ||||||||
At Net Asset Value | -6.67 | -- | -- | -- | -- | -- | -- | -11.56 |
MSCI EM Index2 | -5.55 | -- | -- | -- | -- | -- | -- | -7.65 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE (02/28/22) |
|
---|---|---|---|---|---|---|---|---|
VanEck Emerging Markets Leaders Fund: Class Z | ||||||||
At Net Asset Value | -5.24 | -- | -- | -- | -- | -- | -- | -5.24 |
MSCI EM Index2 | -2.22 | -- | -- | -- | -- | -- | -- | -2.22 |