EGPTVanEck Egypt Index ETF
EGPT Fund Description
EGPT tracks a market-cap-weighted index of companies that derive at least 50% of revenues from Egypt.
EGPT Factset Analytics Insight
EGPT offers reasonable exposure to this hard to reach space. It is a passively-managed fund that covers 90% of the investable universe consisting of the largest and most liquid companies that are incorporated in Egypt or have at least 50% of their revenues or related assets in Egypt. The index contains roughly 25 names, individually capped at 8% weighting in the index. Political turmoil shut down the Cairo exchange in spring of 2011, forcing VanEck to halt creations briefly. Investors should monitor the volatile condition in Egypt closely. Most of the distortions in exposure result from 1940 Act diversification requirements, which explain why the fund's sector breakdown differs materially from our unconstrained benchmark. The diversification rules also push the fund toward smaller firms relative to our benchmark. Apart from scheduled quarterly rebalances, the Index provider may carry out additional ad hoc rebalances to the Egypt Index.
EGPT MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
EGPT Summary Data
EGPT Portfolio Data
EGPT Index Data
EGPT Portfolio Management
EGPT Tax Exposures
EGPT Fund Structure
EGPT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EGPT. EGPT is rated a 1 out of 5.
EGPT Sector/Industry Breakdown
EGPT Top 10 Holdings[View All]
EGPT Economic Development
EGPT Performance Statistics
EGPT Benchmark Comparison Summary
EGPT Benchmark Comparison Market Cap Size