Delisting | VANECK EGYPT INDEX ETF | 22nd March 2024
On March 8, 2024 VANECK EGYPT INDEX ETF announced delisting of its ETF after analysis of various factors including performance, liquidity, assets under management. The decision was made to liquidate the fund based on an analysis of these factors and other operational considerations. The delisting is expected to be completed on March 22, 2024.
The treatment below will be applied to the following indices:
- VANECK EGYPT INDEX ETF will be removed from the Index.
- The weight of VANECK EGYPT INDEX ETF (EGPT.P) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 22/03/2024
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