Fund Description
VanEck Vectors NDR CMG Long/Flat Allocation ETF (LFEQ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ned Davis Research CMG US Large Cap Long/Flat Index (NDRCMGLF). The NDRCMGLF Index follows a proprietary model that determines when, and by how much, it allocates to U.S. equities and/or U.S. Treasury bills to seek to help avoid losses in declining markets or capitalize from rising markets. The model produces daily trade signals to determine the Indexs equity allocation percentage (100%, 80%, 40%, or 0%).
Fund Profile
Fund Name VanEck Vectors NDR CMG Long/Flat Allocation ETF
Fund Exchange Ticker LFEQ
Fund Sponsor Van Eck Associates Corporation
Fund ISIN US92189F1488
Net Expense Ratio 0.59 %
Fund Inception Date 4 October 2017
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Target Date / Multi-Asset
Index Linked Passive
Index Name Ned Davis Research CMG US Large Cap Long/Flat Index
Index Provider Ned Davis Research
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 22 March 2019
Asset Under Management 62.88 Million (USD)
1 Month Total Return 0.54 %
Year To Date Return 6.59 %
1 Year Total Return -0.91 %
3 Year Annualized Total Return
NAV 26.2
Share Outstanding 2,400,000
Top 10 Holdings (22 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
United States Treasury Bill BILL 0.5804
Other/Cash OTHR 0.0013