|Segment||Equity: Global Ex-U.S. - Total Market Growth||Equity: Africa - Total Market|
|Management Style||passive (index-based)||passive (index-based)|
|Underlying Index||--||MVIS GDP Africa Index|
The Fund seeks long-term capital appreciation above international benchmarks such as the MSCI EAFE Index and the BNY Mellon Classic ADR Index. The Fund selects a portfolio of U.S. traded securities of non-U.S. organizations, most often American Depositary Receipts (ADRs), included in the BNY Mellon Classic ADR Index.
AADR performance & returns
Top 10 Holdings (45.63% of Total Assets)
|NICE Ltd ADR||NICE||6.54%|
|Gold Fields Ltd ADR||GFI.JO||5.86%|
|argenx SE ADR||ARGX||5.52%|
|Anglogold Ashanti Ltd ADR||AU.JO||3.64%|
|TAL Education Group ADR||TAL||3.63%|
|ASML Holding NV ADR||ASML||3.59%|
|ZTO Express (Cayman) Inc ADR||ZTO||3.35%|
|Sibanye Stillwater Ltd ADR||SBSW.JO||3.21%|
|LVMH Moet Hennessy Louis Vuitton SE ADR||LVMUY.PA||3.08%|
AADR prosNone that we could think of.
AADR consNone that we could think of.
Other relevant AADR comparisons
You may also want to check out the following AADR comparisons that investors often look for on Finny
The Fund seeks to replicate as closely as possible the price and yield performance of the MVIS GDP Africa Index. The Index generally include companies that are incorporated in Africa and listings of companies incorporated outside of Africa but that have at least 50% of their revenues/related assets in Africa.
AFK performance & returns
Top 10 Holdings (48.90% of Total Assets)
|Naspers Ltd Class N||NPN.JO||8.94%|
|Attijariwafa Bank SA||N/A||5.25%|
|Maroc Telecom SA||N/A||5.03%|
|Guaranty Trust Bank PLC||GTB||4.55%|
|Anglo American PLC||AAL.L||4.29%|
|Barrick Gold Corp||ABX.TO||3.91%|
|Banque Centrale Populaire SA||N/A||3.90%|
|MTN Nigeria Communications PLC Ordinary Shares||MTNN||3.36%|
|Commercial International Bank (Egypt) SAE GDR||CBKD||3.32%|
AFK prosNone that we could think of.
The following are AFK weaknesses from our perspective:
- AFK net assets are $56.10 million. This fund is not a popular choice with retail investors.
- AFK 3-year return is -0.42%, which is lower than the 3-year return of the benchmark index (MSCI ACWI Ex USA NR USD), 2.21%.
- AFK 5-year return is 1.76%, which is lower than the 5-year return of the benchmark index (MSCI ACWI Ex USA NR USD), 2.33%.
- AFK 10-year return is -1.26%, which is lower than the 10-year return of the benchmark index (MSCI ACWI Ex USA NR USD), 5.03%.
Other relevant AFK comparisons
You may also want to check out the following AFK comparisons that investors often look for on Finny