VanEck Africa Index ETF (AFK)

Profile

VanEck Africa Index ETF is an equity exchange-traded fund that provides diversified exposure to companies tied to Africa’s economic activity. The fund seeks to replicate the MVIS GDP Africa Index, which includes businesses incorporated in Africa as well as non-African companies that generate a majority of their revenues or hold significant assets in the region. Its portfolio spans financial services, basic materials, telecommunications, consumer sectors, and industrial-related businesses, reflecting the breadth of African markets. Current holdings include banks, mining companies, telecom operators, and multinational firms with substantial African operations, giving the fund a broad regional profile rather than a single-country focus. VanEck Africa Index ETF is used by market participants looking for a passive, rules-based vehicle that tracks a wide cross-section of African corporate activity across multiple industries and economies.