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VanEck VIP Emerging Markets Fund

 

The VanEck VIP Emerging Markets Fund seeks long-term capital appreciation by investing in equity securities in emerging markets around the world. The Fund is a global emerging markets equity portfolio focused on companies with growth potential at a reasonable price (“GARP”). Our bottom-up investment process is driven by fundamental research into the sustainability of a company’s growth drivers, and is oriented toward strong secular stories, many of which reflect domestic demand themes and are often found in smaller-capitalization stocks.


 

Fund Details

 

05/31/22
Net Assets $109.9M P/E (LTM) / P/E (Forward) 13.4/13.9
Number of Holdings 83 P/B (LTM) 2.5
Turnover Rate (2021) 41.1% Average Weighted Market Cap $13.8B

Fund Summary

 

The Fund seeks long-term capital appreciation by investing primarily in equity securities in emerging markets around the world. The Fund's benchmark is the Morgan Stanley Capital International Emerging Markets Index.

Country Weightings (%)

 

05/31/22
China 28.1
India 14.9
Taiwan Region 12.1
Brazil 10.5
South Korea 8.8
Philippines 4.1
Turkey 2.6
Mexico 2.5
Argentina 2.5
Georgia 2.1
Indonesia 2.0
Egypt 1.9
Other EM 7.0
Cash 0.8

Sector Weightings (%)

 

05/31/22
Information Technology 19.2
Financials 18.7
Industrials 15.3
Consumer Discretionary 14.2
Health Care 7.5
Energy 6.8
Communication Services 6.3
Materials 5.2
Real Estate 3.7
Consumer Staples 1.9
Utilities 0.3
Cash 0.8

Top 10 Holdings (%)

 

05/31/22
Taiwan Semiconductor Manufacturing Co., Ltd. 6.2
Reliance Industries Limited 5.8
HDFC Bank Limited 4.6
MediaTek Inc 3.5
International Container Terminal Services, Inc. 3.3
Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA 3.3
Samsung Electronics Co Ltd Pfd Non-Voting 3.1
Prosus N.V. Class N 2.9
LG Chem Ltd. 2.8
MercadoLibre, Inc. 2.5

View All Holdings
These are not recommendations to buy or sell any security. Holdings may vary.

Market Capitalization Breakdown

 

05/31/22
Large (>= $10 billion) 51.1
Mid (< $10 billion >= $2 billion) 27.4
Small (< $2 billion) 21.5
Average Weighted Market Cap $13.8B

Market capitalization (cap) is the value of a corporation as determined by the market price of its issued and outstanding common stock.