VanEck Africa Index ETF company info

What does VanEck Africa Index ETF do?
VanEck Africa Index ETF (NYSEARCA:AFK) is an exchange-traded fund that aims to mirror the investment results of the MVIS GDP Africa Index, which tracks the performance of companies that are predominantly active in Africa or have a significant portion of their revenues or assets there. This ETF provides investors with exposure to a diverse range of sectors including natural resources, telecommunications, and financials, capturing the growth potential across the African continent. By investing in VanEck Africa Index ETF, shareholders can gain indirect access to African markets, which might be difficult to enter individually. The ETF seeks to offer a balanced blend of both growth and value, focusing on companies that show promise for sustainable returns. Through its targeted investments, VanEck Africa Index ETF aims to achieve long-term capital appreciation while also providing an opportunity for income via dividends from its holdings.
VanEck Africa Index ETF company media
Company Snapshot

Is VanEck Africa Index ETF a public or private company?

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Ownership
Public

How many people does VanEck Africa Index ETF employ?

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Employees
312

What sector is VanEck Africa Index ETF in?

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Sector
ETF

Where is the head office for VanEck Africa Index ETF?

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Head Office
New York, United States

What year was VanEck Africa Index ETF founded?

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Year Founded
2008
What does VanEck Africa Index ETF specialise in?
/Investment Management /Exchange Traded Funds /Equity Securities /Emerging Markets /Financial Services /African Investment
What are the products and/or services of VanEck Africa Index ETF?
Overview of VanEck Africa Index ETF offerings
Provides diversified exposure to publicly traded companies primarily operating in Africa, focusing on growth sectors.
Targets investments in telecommunications, banking, and natural resources sectors for potential high returns.
Aims to track the performance of the MVIS GDP Africa Index, reflecting the investment return of African markets.
Offers liquidity through easily tradable shares on the NYSE Arca for investor convenience.
Implements a passive management investment approach to minimize expenses and tracking error.
Enhances portfolio diversification for investors looking to invest in emerging and frontier markets.