Market Vectors Africa Index ETF (AFK)

31.94
Data as of 3:37pm ET
 +0.21 / +0.66%
Today’s Change
26.05
Today|||52-Week Range
32.21
+3.30%
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 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.

No recent news for Market Vectors Africa Index ETF.

Performance

1 month+2.52% 3 years+1.77%
3 months+3.19% 5 years+12.06%
1 year+13.17% Since inception-1.92%
Data through 04/16/2014

Quote Details

Previous close$31.73
Open day’s range31.70 – 32.13
Net asset value (NAV)31.73 (04/15/2014)
Daily volume7,190
Average volume (3 months)26,666
Data as of 3:37pm ET, 04/16/2014

Peer Comparisonvs. Miscellaneous region ETFs

 AFKCategory
Performance 5-yr return+12.06%+17.72%
Expense Gross exp ratio0.91%0.61%
Risk 5 year sharpe ratio0.680.83
Net assets$113.8M$465.6M
Average market cap$4.1B$25.6B
Average P/E6.113.3
Dividend / Share--0.44%

Competitors

GXF Global X FTSE Nordic Region ETF
EWU iShares MSCI United Kingdom ETF
EWK iShares MSCI Belgium Capped 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
CMGGF Commercial International Bank (Egypt) SAE GDR8.13%
-- Guaranty Trust Bank PLC4.70%
-- Subsea 7 SA4.54%
-- Zenith Bank PLC3.48%
-- Global Telecom Holding SAE GDR3.42%
-- Nigerian Breweries PLC3.20%
-- Naspers Ltd2.83%
-- Attijariwafa bank2.81%
-- Anglo American PLC2.73%
-- Tullow Oil PLC2.66%

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