IDX
VanEck Indonesia Index ETF
📎 Investment Objective
The VanEck Indonesia Index ETF (IDX) seeks to track the performance of the MVIS Indonesia Index, which is designed to measure the performance of publicly traded companies that are domiciled and primarily listed in Indonesia.
Overview
ETF tracking VanEck Indonesia Index ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Indonesia Index ETF (IDX) seeks to track the performance of the MVIS Indonesia Index, which is designed to measure the performance of publicly traded companies that are domiciled and primarily listed in Indonesia.
🎯 Investment Strategy
The ETF employs a passive management approach, investing in a representative sample of securities included in the underlying index in order to seek to track its performance. The fund does not attempt to outperform the index.
✨ Key Features
- Provides exposure to the Indonesian equity market
- Tracks the MVIS Indonesia Index, a market-cap weighted index of Indonesian companies
- Low expense ratio of 0.00%
- Relatively small fund with limited assets under management
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single country market
- Emerging markets risk due to the potentially higher volatility and lower liquidity of Indonesian stocks
- Currency risk as the fund's returns are subject to fluctuations in the Indonesian rupiah
- Lack of performance history as the fund was recently launched
👤 Best For
This ETF may be suitable for investors seeking targeted exposure to the Indonesian equity market as part of a diversified portfolio. However, due to the fund's small size, limited history, and the risks associated with investing in emerging markets, it is generally best suited for experienced investors with a higher risk tolerance and a long-term investment horizon.