IDX
VanEck Indonesia Index ETF
IDX
VanEck Indonesia Index ETF
-
NAV
$18.38
as of June 09, 2023 -
YTD RETURNS
6.00%
as of June 09, 2023 -
Total Net Assets
$29.40M
as of June 09, 2023 -
Gross Expense Ratio
0.67% -
Net Expense Ratio
0.57% -
Inception Date
01/15/2009
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 0.57% 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.
Fund Description
VanEck Indonesia Index ETF (IDX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Indonesia Index (MVIDXTR), which includes securities of companies that are incorporated in Indonesia or that are incorporated outside of Indonesia but have at least 50% of their revenues/related assets in Indonesia.
Overview
Fund Highlights
- Nation's First ETF Focused Exclusively on Indonesia
To a range of the largest and most liquid stocks in the Indonesian investable universe
- Largest Economy in Southeast Asia
Indonesia has a vibrant economy with favorable demographics; over 40% of the population are under the age of 25
- Pure Play
Companies must be incorporated in, or derive at least 50% of total revenues from Indonesia to be added to the index