GCAP - VanEck Bentham Global Capital Securities Active ETF (Managed Fund) | Holdings
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VanEck Bentham Global Capital Securities Active ETF (Managed Fund) GCAP

Fund description: GCAP aims to provide investors with a professionally managed active strategy in global Capital Securities. The fund aims to provide total investment returns, measured over the long term in excess of the Benchmark.

Benchmark: RBA Cash Rate + 3% per annum

Country of domicile: Australia

 as at 05-Jul-22

  • Exchange

    ASX
  • ASX code

    GCAP
  • NAV

    $8.63
  • Units outstanding

    2,800,915
  • Net assets

    $24.2M
  • Number of holdings

    55
  • Inception date1

    03-Aug-21
  • ASX commencement

    05-Aug-21

1The date the fund was seeded prior to quotation on ASX.

as at 05-Jul-22

2Other fees and costs apply, including a fee of 15.5% of outperformance above a benchmark. Please see the PDS for more details.

*The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 1pm next business day.

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Portfolio composition (%)
as at 05-Jul-22

  • Asset classes

    % of Fund net assets
  • Stocks

    0.00
  • Bonds

    93.40
  • Other

    0.00
  • Cash

    6.60
  • Total

    100.00

All holdings (%) Download all holdings as at 05-Jul-22

No. of holdings: 55
Security name
Coupon
Composite
rating^
Country
Currency
% of Fund
net assets
AIB GROUP PLC
6.250
B
Ireland
EUR
4.10
BNP PARIBAS SA
7.000
BB+
France
USD
3.59
BANK OF IRELAND GROUP PLC
6.000
B
Ireland
EUR
3.55
CREDIT SUISSE GROUP AG
7.500
BB
Switzerland
USD
3.51
KBC GROUP NV
4.250
BB+
Belgium
EUR
3.30
CITIGROUP INC
5.950
BB+
United States
USD
2.87
BARCLAYS PLC
7.125
B+
United Kingdom
GBP
2.81
HEATHROW FINANCE PLC
4.625
B+
United Kingdom
GBP
2.58
UBS GROUP AG
5.000
BB+
Switzerland
USD
2.57
AXA SA
8.600
BBB+
France
USD
2.53
CREDIT AGRICOLE SA
7.875
BBB-
France
USD
2.43
SOCIETE GENERALE SA
7.875
BB
France
USD
2.41
COMMERZBANK AG
6.125
BB-
Germany
EUR
2.31
CREDIT SUISSE GROUP AG
6.250
BB
Switzerland
USD
2.24
JPMORGAN CHASE & CO
5.000
BBB
United States
USD
2.22
COOPERATIEVE RABOBANK UA
4.375
BBB-
Netherlands
EUR
2.21
BANK OF NOVA SCOTIA/THE
4.650
BBB-
Canada
USD
2.19
COMMERZBANK AG
6.500
BB-
Germany
EUR
2.19
ABN AMRO BANK NV
4.750
BB+
Netherlands
EUR
2.17
BANK OF AMERICA CORP
5.875
BBB-
United States
USD
2.06
COOPERATIEVE RABOBANK UA
3.250
BBB-
Netherlands
EUR
2.05
JPMORGAN CHASE & CO
6.100
BBB-
United States
USD
1.96
BANK OF AMERICA CORP
6.100
BBB-
United States
USD
1.82
VIRGIN MONEY UK PLC
9.250
B+
United Kingdom
GBP
1.81
LLOYDS BANKING GROUP PLC
7.875
BB-
United Kingdom
GBP
1.80
JPMORGAN CHASE & CO
6.000
BBB
United States
USD
1.76
BP CAPITAL MARKETS PLC
3.625
BBB
United Kingdom
EUR
1.61
BANCO COMERCIAL PORTUGUES SA
3.871
B
Portugal
EUR
1.59
GATWICK FUNDING LTD
6.500
BBB
United Kingdom
GBP
1.54
CITIGROUP INC
5.900
BB+
United States
USD
1.53
CITIGROUP INC
5.350
BB+
United States
USD
1.44
HEIMSTADEN BOSTAD AB
3.000
BB+
Sweden
EUR
1.26
NATWEST GROUP PLC
5.125
B+
United Kingdom
GBP
1.23
BARCLAYS PLC
8.000
BB
United Kingdom
USD
1.21
LLOYDS BANKING GROUP PLC
7.500
BB-
United Kingdom
USD
1.20
NORDEA BANK ABP
6.625
BBB-
Finland
USD
1.19
LLOYDS BANKING GROUP PLC
4.947
BB+
United Kingdom
EUR
1.18
CITIGROUP INC
6.300
BB+
United States
USD
1.15
NATWEST GROUP PLC
4.500
B+
United Kingdom
GBP
1.14
VODAFONE GROUP PLC
3.000
BB+
United Kingdom
EUR
1.13
COMMONWEALTH BANK OF AUSTRALIA
3.610
BBB+
Australia
USD
1.11
COOPERATIEVE RABOBANK UA
4.875
BBB-
Netherlands
EUR
1.05
GRAND CITY PROPERTIES SA
2.500
NR
Germany
EUR
1.04
SVENSKA HANDELSBANKEN AB
4.750
BBB
Sweden
USD
1.02
BP CAPITAL MARKETS PLC
3.250
BBB
United Kingdom
EUR
1.01
HEIMSTADEN BOSTAD AB
3.625
NR
Sweden
EUR
0.74
JUST GROUP PLC
7.000
NR
United Kingdom
GBP
0.74
BNP PARIBAS SA
2.500
BBB+
France
EUR
0.58
BANK OF AMERICA CORP
3.846
BBB+
United States
USD
0.54
GRAND CITY PROPERTIES SA
1.500
NR
Germany
EUR
0.45
HEATHROW FUNDING LTD
6.450
BBB+
United Kingdom
GBP
0.43
HEIMSTADEN BOSTAD AB
3.375
BB+
Sweden
EUR
0.38
HEIMSTADEN BOSTAD AB
2.625
BB+
Sweden
EUR
0.34
ENBRIDGE INC
6.000
BBB-
Canada
USD
0.29
ENBRIDGE INC
6.250
BBB-
Canada
USD
0.25
Total 93.41

Source: VanEck. These are not recommendations to buy or to sell any security.

^Composite rating is an evenly weighted blend of a bond’s Moody’s, S&P and Fitch credit ratings when there are two or more. ‘NR’ means the bond has one ‘Investment Grade’ rating. The above ratings are not a credit opinion by VanEck on any bond or the Fund or a recommendation to buy any individual security.

– country of risk