ETF Trends CEO Tom Lydon discussed the VanEck Vectors India Small-Cap ETF (SCIF) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
SCIF seeks to replicate as closely as possible the price and yield performance of the MVIS® India Small-Cap Index. The fund invests substantially all of its assets in the Subsidiary, a wholly-owned subsidiary located in the Republic of Mauritius. The Subsidiary in turn will normally invest at least 80% of its total assets in securities that comprise the fund’s benchmark index, and depositary receipts based on the securities in the fund’s benchmark index. The index includes Indian small-capitalization companies selected on the basis of their relative market capitalizations.
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