ESPO
VanEck Video Gaming and Esports ETF
ESPO
VanEck Video Gaming and Esports ETF
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NAV$11.45
as at 18-Apr-24 -
Total Net Assets$62.05M
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Dividend Frequency1 each year
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Management fee (p.a.)0.55%
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Number of securities25
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Inception Date08-Sep-20
Overview
Fund Description
Our video gaming and esports ETF, ESPO gives investors exposure to a diversified portfolio of the largest and most liquid companies involved in video game development, esports and related hardware and software globally. This gaming ETF aims to provide investment returns before fees and other costs which track the performance of the Index.
Key benefits
Dynamic growth opportunity
Invests in the future of sports and accesses companies that are positioned to benefit from the increasing popularity of video games and esports
Pure play and targeted exposure
Targeted exposure to companies that derive a significant portion of their revenues from the video gaming and esports industry, driving transformation in the sector.
Technology diversification
A diversified portfolio across countries and companies which offers opportunities away from Apple, Amazon, Facebook, Google and Microsoft.
Index Key points
Underlying Index
MVIS® Global Video Gaming & eSports Index
Overview
The MVIS® Global Video Gaming & eSports Index is designed to track the overall performance of companies involved in video game development, esports, and related hardware and software globally. The Index includes only the largest and most liquid listed companies that generate at least 50% of their revenues from video gaming and/or esports.
Methodology summary
On each rebalance the Index includes only the largest and most liquid listed companies that generate at least 50% (25% for current components) of their revenues from video gaming and/or esports. This may include companies whose business activity involves the development of video games and related software and hardware; the provision of streaming services; or esports events such as league operators, teams, distributors and platforms, and may include companies from developed, emerging and frontier markets.
Companies must have:
- Market cap exceeding US$150 million
- 3-month average daily trading volume of at least US$1 million
- At least 250,000 shares traded each month over the previous 6 months
The Index is a market capitalisation weighted index which applies a capping scheme to individual companies for diversification purposes.
The Index includes a minimum of 25 companies.
Index provider
MV Index Solutions (MVIS), a related body corporate of VanEck Investments Limited, the responsible entity and issuer of ESPO.
MarketVector disclaimer
The MVIS® Global Video Gaming & eSports Index is created and maintained by MarketVector. MarketVector does not sponsor, endorse, issue, sell, or promote ESPO and makes no representation or warranty, express or implied, to VanEck or any member of the public regarding the advisability of investing in securities generally or in ESPO particularly and bears no liability with respect to ESPO.
Performance
Holdings & allocations
Dividends
Election of Dividend Reinvestment Plan (DRP)
You can elect DRP by logging into Link’s Investor Centre (https://investorcentre.linkmarketservices.com.au/Login). Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Update”.