AFK Market Vectors Africa ETF

Seeks to track, before fees and expenses, the MVIS GDP Africa Index, which includes local listings of companies that are incorporated in Africa and offshore listings of companies incorporated outside of Africa but that generate at least 50% of their revenues (or, where applicable, have at least 50% of their assets) in Africa. The Index weights the stocks using a country GDP weighting scheme. For all countries which are covered by the Index all most recent GDP figures are aggregated. The annual GDP weighting for each eligible country is calculated as the GDP of this country divided by the total GDP of all countries covered by the index. These country GDP weightings are used to weight individual components.

$21.75  -0.11 (-0.48%)
As of 10/22/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Van Eck
Category1:  Global Equity
Category2:  Emerging markets
Category3:  Miscellaneous region
Morningstar category:  Miscellaneous Region
Leverage factor:  1.00
Inception date:  07/10/2008
Index tracking method: Passive replication
Current yield:  3.66%
Historical average yield:  2.45%
Market cap:  $66,657,750
Average volume:  7,646
Fees:     0.8400%

Index Information
MVIS GDP Africa Index
Index symbol:  MVAFK
Provider:   MVIS
Total return index symbol:  MVAFKTR
Index weighting:   Other
Index inception date:  12/29/2006
Backtesting data exists:   No
Number of holdings:  83  (as of 12/18/2017)
Strategy:  Equal weighting

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