Market Vectors Africa ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible the price and yield performance of the Dow Jones Africa Titans 50 Index (the Index). The Index is a rules-based, modified capitalization-weighted, float-adjusted index consisting of publicly traded companies that are headquartered in Africa or that generate the majority of their revenues in Africa. The Index is calculated by Dow Jones Indexes. The Index comprises a diversified group of 50 companies. As of Dec 31 2013, the Fund's total assets were $118,713,820 and its investment portfolio was valued at $107,050,235. The AFK stock yearly return is shown above.
The yearly return on the AFK stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the AFK annual return calculation with any dividends reinvested as applicable (on ex-dates).
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