VanEck Africa Index ETF

Frequently Asked Questions About AFK

What does AFK invest in?

VanEck ETF Trust - VanEck Africa Index ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. It invests in public equity markets of Africa / Middle East region. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the MVIS GDP Africa Index, by using full replication technique. VanEck ETF Trust - VanEck Africa Index ETF was formed on July 10, 2008 and is domiciled in the United States.

What is the expense ratio of AFK?

VanEck Africa Index ETF (AFK) charges an expense ratio of 0.76%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AFK?

VanEck Africa Index ETF (AFK) manages $110.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AFK actively managed or an index fund?

AFK is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (AFK's is 0.76%) because there's no security selection cost.

When was AFK launched?

VanEck Africa Index ETF (AFK) launched in July 2008 and is managed by VanEck.

How has AFK performed?

AFK's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.