Description: The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® GDP Africa Index. The fund invests at least 80% of total assets in securities that comprise the index. The index is comprised of African companies. The index includes local listings of companies that are incorporated in Africa and offshore listings of companies incorporated outside of Africa that generate at least 50% of their revenues in Africa. The weighting of each country in the index is determined by the size of its GDP relative to the GDPs of the other countries represented in the index. The fund is non-diversified.
Home Page: www.vaneck.com/funds/AFK.aspx
AFK Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Miscellaneous Region
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 92.75 | 0.00 | 92.75 |
| Cash | 8.07 | 3.72 | 4.35 |
| Stock US | 2.90 | 0.00 | 2.90 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 30.51 | 27.64 |
| Basic Materials | 30.40 | 11.33 |
| Communication Services | 24.52 | 4.51 |
| Consumer Defensive | 4.42 | 7.10 |
| Energy | 4.25 | 12.81 |
| Consumer Cyclicals | 3.26 | 7.58 |
| Healthcare | 1.53 | 4.50 |
| Real Estate | 0.57 | 1.68 |
| Industrials | 0.37 | 12.36 |
| Utilities | 0.15 | 2.90 |
| Technology | 0.00 | 7.61 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Africa/Middle East | 67.77 | 3.69 |
| United Kingdom | 14.61 | 9.52 |
| North America | 10.58 | 52.79 |
| Australasia | 4.91 | 4.25 |
| Asia Emerging | 1.98 | 2.89 |
| Europe Developed | 0.15 | 12.55 |
| Japan | 0.00 | 0.04 |
| Latin America | 0.00 | 4.20 |
| Asia Developed | 0.00 | 8.99 |
| Europe Emerging | 0.00 | 1.08 |