Market Vectors® Africa Index ETF (AFK)

31.12
Data as of 11:00am ET
 -0.27 / -0.86%
Today’s Change
29.28
Today|||52-Week Range
34.50
+0.65%
Year-to-Date

Investment Objective

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 normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Africa Index is comprised of African companies. The Africa Index 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 fund is non-diversified.

Performance

1 month-5.50% 3 years+9.54%
3 months-4.12% 5 years+4.81%
1 year+9.06% Since inception-1.83%
Data through 10/01/2014

Quote Details

Previous close$31.39
Open day’s range31.12 – 31.30
Net asset value (NAV)31.62 (09/30/2014)
Daily volume21,341
Average volume (3 months)35,918
Data as of 11:00am ET, 10/01/2014

Peer Comparisonvs. Miscellaneous region ETFs

 AFKCategory
Performance 5-yr return+4.81%+11.72%
Expense Gross exp ratio0.93%0.59%
Risk 5 year sharpe ratio0.470.51
Net assets$133.8M$456.9M
Average market cap$4.1B$26.6B
Average P/E6.114.0
Dividend / Share--0.44%

Competitors

GXF Global X FTSE Nordic Region ETF
EWK iShares MSCI Belgium Capped ETF
EWU iShares MSCI United Kingdom ETF

Holdings

Top 5 Sectors
Portfolio weighting
Industrial materials 37.99%
Financial service 30.23%
Energy 15.09%
Telecommunication 13.39%
Media 3.31%
Top 10 Holdings
Portfolio weighting
-- Commercial International Bank (Egypt) SAE GDR9.90%
-- Guaranty Trust Bank PLC4.54%
-- Zenith Bank PLC3.52%
-- Subsea 7 SA3.52%
ORSTF Global Telecom Holding SAE GDR3.40%
-- Nigerian Breweries PLC3.20%
-- Talaat Moustafa Group Holding3.12%
-- Naspers Ltd Class N3.01%
-- Attijariwafa bank2.92%
-- Tullow Oil PLC2.74%

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