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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 01/31/23

  • 30-Day SEC Yield1

    1.54%
  • Total Net Assets

    $29.9M
  • Number of Holdings

    26
  • Options

    No
  • Gross Expense Ratio2

    1.10%
  • Net Expense Ratio/TER2

    1.02%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/15/2023

Fund Highlights

  • 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

    1,574,974
  • 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%

Expenses 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 01/31/23

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 $18.99
$18.55
77,300
23,999
$-0.47 / -2.42%
$-0.71 / --
-6.94%
--
$-0.44
-2.32%
0.84%

Premium/Discount History as of 01/31/23

Calendar Year 2021 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Premium/Discount Charts NAV & Prem/Discount History
EGPT Days closed at a premium 77 21 10 5 6
Days closed at NAV 8 0 1 3 0
Days closed at a discount 167 41 51 56 57

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) 9.12 14.30 -23.67 -23.67 -9.40 -7.27 -7.03 -8.19
EGPT (Share Price) 7.75 13.58 -24.61 -24.61 -9.47 -7.35 -7.12 -8.25
MVEGPTTR (Index) 10.22 16.18 -20.73 -20.73 -7.06 -5.22 -3.96 -6.01
Performance Differential (NAV - Index) -1.10 -1.88 -2.94 -2.94 -2.34 -2.05 -3.07 -2.18
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/16/10
EGPT (NAV) 9.12 14.30 -23.67 -23.67 -9.40 -7.27 -7.03 -8.19
EGPT (Share Price) 7.75 13.58 -24.61 -24.61 -9.47 -7.35 -7.12 -8.25
MVEGPTTR (Index) 10.22 16.18 -20.73 -20.73 -7.06 -5.22 -3.96 -6.01
Performance Differential (NAV - Index) -1.10 -1.88 -2.94 -2.94 -2.34 -2.05 -3.07 -2.18

Top 10 Holdings (%) as of 12/31/22

Daily Holdings
Total Holdings: 26
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Eastern Co Sae
EAST EY
3,219,937
1,863,900 8.12
Commercial International Bank Egypt Sae
CBKD LI
1,373,790
1,640,860 7.15
Abou Kir Fertilizers & Chemical Industr
ABUK EY
967,311
1,518,553 6.61
E-Finance For Digital & Financial Inves
EFIH EY
1,764,187
1,356,894 5.91
Talaat Moustafa Group
TMGH EY
3,164,392
1,275,462 5.56
Telecom Egypt Co
ETEL EY
1,135,948
1,151,795 5.02
Centamin Plc
CEY LN
783,216
1,064,928 4.64
Cairn Energy Plc
CNE LN
336,203
1,058,768 4.61
Egyptian Financial Group-Hermes Holding
HRHO EY
1,451,457
1,048,356 4.57
Elsewedy Electric Co
SWDY EY
2,125,077
1,033,047 4.50
Top 10 Total (%) 56.68
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%)
as of 12/31/22

Country % of Net Assets
Egypt 93.67
United Kingdom 4.61
United Arab Emirates 1.77
Other/Cash -0.05

Sector Weightings (%)
as of 12/31/22

Sector % of Net Assets
Materials 23.65
Real Estate 16.28
Financials 14.03
Information Technology 10.35
Consumer Discretionary 8.59
Consumer Staples 8.12
Communication Services 5.02
Health Care 4.90
Energy 4.61
Industrials 4.50
Other/Cash -0.05

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