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EGPT
VanEck Egypt Index ETF

Fund Description

VanEck Egypt Index ETF (EGPT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Egypt Index (MVEGPTTR), which includes securities of companies that are incorporated in Egypt or that are incorporated outside Egypt but have at least 50% of their revenues/related assets in Egypt.

 
 

  • Fund Ticker

    EGPT
  • Exchange

    NYSE Arca
  • Inception Date

    02/16/2010
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVEGPTTR
  • Index Rebalancing

    Quarterly

 
as of 09/29/22

  • 30-Day SEC Yield1

    2.53%
  • Total Net Assets

    $13.5M
  • Number of Holdings

    26
  • Options

    No
  • Gross Expense Ratio2

    1.10%
  • Net Expense Ratio/TER2

    1.02%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Nation's First ETF Focused Exclusively on Egypt 
    Convenient access to the third-largest economy in Africa6

  • Index Allows All-Cap Exposure 
    With mid- to small-cap tilt7

  • Pure Play
    Companies must be incorporated in, or derive at least 50% of total revenues from Egypt to be added to the index

Trading Information

  • Fund Ticker

    EGPT
  • Index Total Return Ticker

    MVEGPTTR
  • NAV

    EGPTNV
  • Intraday NAV (IIV)4

    EGPTIV
  • Shares Outstanding

    749,974
  • Estimated Cash

    EGPTEU
  • Total Cash

    EGPTTC
  • CUSIP

    92189F775
  • ISIN

    US92189F7758
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.60%
  • Gross Expense Ratio

    1.10%
  • Fee Waivers and
    Expense Reimbursement

    -0.08%
  • Net Expense Ratio/TER2

    1.02%

2Expenses for EGPT are capped contractually at 0.94% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 09/29/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
EGPT $18.05
$18.01
5,191
1,657
$0.04 / +0.23%
$-0.01 / -0.05%
-33.37%
-33.66%
$-0.05
-0.25%
0.91%

Premium/Discount History as of 09/29/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 77 14 14 21 10
EGPT Days closed at NAV 8 6 2 0 1
Days closed at a discount 167 44 48 41 51

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) 3.22 -4.27 -30.67 -27.42 -14.85 -5.50 -8.11 -9.10
EGPT (Share Price) 2.88 -4.44 -31.25 -27.77 -15.23 -5.42 -8.41 -9.13
MVEGPTTR (Index) 3.17 -3.34 -29.10 -25.16 -12.99 -3.54 -5.24 -6.99
Performance Differential (NAV - Index) 0.05 -0.93 -1.57 -2.26 -1.86 -1.96 -2.87 -2.11
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) -9.07 -17.32 -34.14 -27.49 -15.26 -6.77 -7.59 -9.59
EGPT (Share Price) -9.40 -17.52 -34.82 -27.37 -14.98 -6.90 -7.68 -9.64
MVEGPTTR (Index) -9.26 -17.28 -33.44 -25.64 -13.63 -4.96 -4.66 -7.56
Performance Differential (NAV - Index) 0.19 -0.04 -0.70 -1.85 -1.63 -1.81 -2.93 -2.03

Top 10 Holdings (%) as of 08/31/22 Daily Holdings

Total Holdings: 27
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Egypt Kuwait Holding Co Sae
EKHO EY
1,028,631
1,348,461 8.98
Commercial International Bank Egypt Sae
CBKD LI
619,049
1,087,035 7.24
Abou Kir Fertilizers & Chemical Industr
ABUK EY
727,323
957,143 6.37
Eastern Co Sae
EAST EY
1,849,091
938,016 6.24
Fawry For Banking & Payment Technology
FWRY EY
4,871,273
928,103 6.18
Talaat Moustafa Group
TMGH EY
1,964,048
785,228 5.23
Centamin Plc
CEY LN
663,865
697,344 4.64
Telecom Egypt Co
ETEL EY
844,117
684,121 4.55
E-Finance For Digital & Financial Inves
EFIH EY
918,256
670,318 4.46
Elsewedy Electric Co
SWDY EY
1,780,613
658,113 4.38
Top 10 Total (%) 58.26
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • Egypt

    95.76
  • Canada

    2.89
  • United Arab Emirates

    1.95
  • Other/Cash

    -0.60

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • Materials

    26.1
  • Real Estate

    17.2
  • Financials

    13.7
  • Information Technology

    10.6
  • Consumer Staples

    9.0
  • Consumer Discretionary

    7.3
  • Health Care

    4.9
  • Communication Services

    4.6
  • Industrials

    4.4
  • Energy

    2.9
  • Other/Cash

    -0.6