Vident Financial

A systematic & rules-based investment process

Applying timeless wisdom & established principles

A distinct philosophy & rigorous global research


Vident International Equity Fund Overview

In its attempt to track the performance of the Vident International Equity Index (VIDIX), the Vident International Equity Fund ® (VIDI) seeks to represent a risk-weighted portfolio that identifies countries outside the United States who promote human productivity, as measured by dozens of research metrics. This research is integrated into a systematic, structured selection process that intends to result in a broader allocation among developed and emerging markets and to countries that exhibit higher principle expression (versus an index that is weighted by other considerations, such as market capitalization or company size). The fund is comprised of approximately 500 securities listed in 35 countries located across the globe. It was established in the second quarter of 2013, is calculated in US dollars and updated daily to reflect market prices and exchange rates. Closing or last-sale prices are used when non-U.S. markets are closed and holdings/allocations are subject to change. An optimized solution of the VIDI strategy is also available via Separately Managed (SMA) or Unified Managed Accounts (UMA) through Parametric. Please click here to read more information on VIDI.

Fund Overview     • Net Asset Value     • Country Allocation     • Currency Breakdown     • Total Returns    
Sector Breakdown     • Top Holdings     • Recent Distributions     • Fund Documents    

As of 10/08/2015

Fund Overview

Gross Expense Ratio 0.68%
CUSIP 26922A404
Total Assets (000) $615,491.01
Shares Outstanding 29,000,000.00
Distribution Yield 0.00 %
SEC 30-day Yield 2.17 %
Trading Information
Related Bloomberg Index Symbol VIDIX
Shares Out. Symbol VIDI.SO
Est. Cash Symbol VIDI.EU
Total Cash Symbol VIDI.TC
Accum. Div Symbol VIDI.DV
Ex-Date Div Symbol

Net Asset Value

As of 10/08/2015
Net Asset Value
NAV $21.22
Change $ $0.07
Change % 0.32%
Premium/Discount 0.26%
Quotes Delayed ~ 15 mins
Change $
Change %
Trading Volume
VIDI's historical premium / discount data.

As of 9/30/2015

Country Allocation

Country Weight
1. Japan 5.57%
2. China 4.77%
3. Hong Kong 4.66%
4. Malaysia 4.45%
5. Taiwan 4.30%
6. Republic of Korea 4.11%
7. Indonesia 3.80%
8. Singapore 3.50%
9. Canada 3.26%
10. India 3.15%
11. Switzerland 3.12%
12. Ireland 2.98%
13. Thailand 2.97%
14. Australia 2.97%
15. South Africa 2.83%
16. Belgium 2.82%
17. Chile 2.68%
18. Israel 2.66%
19. New Zealand 2.59%
20. Philippines 2.48%
21. Colombia 2.47%
22. United Kingdom 2.43%
23. Mexico 2.39%
24. Peru 2.35%
25. Sweden 2.15%
26. Poland 2.07%
27. Brazil 2.00%
28. Turkey 1.98%
29. Germany 1.87%
30. Italy 1.79%
31. Austria 1.78%
32. Russian Federation 1.76%
33. France 1.66%
34. Netherlands 1.60%
35. Spain 1.56%
36. Cash/Foreign Currency 0.47%
Show All
As of 09/30/2015


Currency Abbr. Weight
1. Euro EUR 15.94%
2. Hong Kong Dollar HKD 9.13%
3. Japanese Yen JPY 5.57%
4. Malaysian Ringgit MYR 4.45%
5. Taiwan Dollar TWD 4.30%
6. South-Korean Won KRW 4.11%
7. Indonesian Rupiah IDR 3.80%
8. Singapore Dollar SGD 3.78%
9. Canadian Dollar CAD 3.26%
10. Australian Dollar AUD 3.23%
11. Indian Rupee INR 3.15%
12. Swiss Franc CHF 3.12%
13. South African Rand ZAR 2.83%
14. Thai Baht THB 2.79%
15. Chilean Peso CLP 2.68%
16. Israeli New Shekel ILS 2.66%
17. New Zealand Dollar NZD 2.58%
18. Philippine Peso PHP 2.48%
19. Colombian Peso COP 2.47%
20. Mexican Peso MXN 2.39%
21. British Pound GBP 2.29%
22. Swedish Krona SEK 2.15%
23. Polish Zloty PLN 2.07%
24. Brazilian Real BRL 2.00%
25. Turkish New Lira TRY 1.98%
26. Peruvian Nuevo Sol PEN 1.96%
27. US Dollar USD 1.50%
28. Russian Rouble RUB 1.33%
Show All
As of 9/30/2015

Sector Breakdown

Name Weight
1. Financials 28.29%
2. Industrials 11.43%
3. Consumer Staples 10.66%
4. Consumer Discretionary 9.06%
5. Materials 8.40%
6. Telecommunication Services 7.35%
7. Information Technology 7.16%
8. Energy 5.82%
9. Utilities 5.13%
10. Health Care 4.99%
11. Other 1.24%
12. Short-Term Investments 0.47%

As of 10/7/2015

Top Holdings

Top Holdings will be made available momentarily after the first full day of trading has completed.

Name Weight
5. INFOSYS LTD 0.45%
6. NESTLE SA 0.43%
7. NASPERS 0.43%
10. UCB 0.42%
Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security. Please click on the following links to view each Fund's current holdings:

Total Returns

Month End Performance
VIDIX Index VIDI NAV Returns VIDI Market Price Returns
1 Month -3.76% -3.92% -2.69%
3 Month -13.47% -13.57% -13.78%
Last Quarter-end (09/30/2015) -13.57%
Year-to-date -12.42% -13.19% -12.86%
Since Inception* -15.17% -17.24% -17.43%
Average Annual
1 Year -15.84% -16.80% -17.22%
3 Year - - -
5 Year - - -
Since Inception* -8.21% -9.38% -9.49%

Quarter End Performance
VIDIX Index VIDI NAV Returns VIDI Market Price Returns
Quarter -13.47% -13.57% -13.78%
Year-to-date -12.42% -13.19% -12.86%
Since Inception* -15.17% -17.24% -17.43%
Average Annual
1 Year -15.84% -16.80% -17.22%
3 Year - - -
5 Year - - -
10 Year - -
Since Inception* -8.21% -9.38% -9.49%

*Fund Inception Date: 10/30/2013

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Short term performance is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. To obtain performance data current to the most recent month-end, please call 404-267-1501.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
09/22/15 09/24/15 09/25/15 0.037168670
06/16/15 06/18/15 06/19/15 0.215619250
03/17/15 03/19/15 03/20/15 0.027577160
09/16/14 09/18/14 09/19/14 0.189990520
VIDI/VUSE/VBND Distribution History

The fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus and summary prospectus (VIDI, VUSE, VBND) contains this and other important information about the investment company, and a free hardcopy of the prospectus may be obtained by calling 1-800-617-0004. Read carefully before investing.

Investments involve risk. Principal loss is possible. The Funds have the same risks as the underlying securities traded on the exchange throughout the day at market price. Redemptions are limited and often commissions are charged on each trade. VIDI is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Investments in foreign securities involve political, economic and currency risks, greater volatility and differences in accounting methods. These risks are greater for investments in emerging markets. A fund that concentrates its investments in the securities of a particular industry or geographic area may be more volatile than a fund that invests in a broader range of industries. VIDI and VBND may invest in illiquid or thinly traded securities which involve additional risks such as limited liquidity and greater volatility. VBND may make investments in debt securities. The Fund's investments in high yield securities expose it to a substantial degree of credit risk. These investments are considered speculative under traditional investment standards. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline. During periods of rising interest rates, certain debt obligations will be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund's income and potentially in the value of the Fund�s investments. VBND may also invest in asset backed and mortgage backed securities which include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. The performance of the funds may diverge from that of the Index. Because the Funds employ a representative sampling strategy and may also invest up to 20% of its assets in securities that are not included in the Index, the Funds may experience tracking error to a greater extent than a fund that seeks to replicate an index. The Funds are not actively managed and may be affected by a general decline in market segments related to the index. The Funds invest in securities included in, or representative of securities included in, the index, regardless of their investment merits. Small and medium-capitalization companies tend to have more limited liquidity and greater price volatility than large-capitalization companies. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value.

Diversification does not guarantee a profit or protect from loss in a declining market.

The Vident International Equity IndexTM (Bloomberg Symbol: VIDIX) is a strategy seeking to balance risk across developed and emerging countries and emphasize those with favorable conditions for growth. The Vident Core US Equity IndexTM (Bloomberg Symbol: VIUSX) is a strategy which seeks to apply principles-based reasoning, expressed through innovative risk design to address the risks and opportunities of US equity investing. It is not possible to invest directly in an index. The Vident Core US Bond Strategy IndexTM (Bloomberg Symbol: VBNDX) is a strategy which seeks to utilize time-tested principles to improve corporate bond exposures by screening for companies with strong leadership, governance and creditworthiness factors. Yield-to-Maturity is the present value of a bond's future coupon payments. Yield-to-Worst is the lowest potential yield that can be received on a bond without the issuer actually defaulting. Effective Duration is a duration calculation for bonds that includes embedded options, such as expected cash flows fluctuating as interest rates change. You cannot invest directly in an Index.

The Vident Funds are distributed by Quasar Distributors, LLC. The fund's investment advisor is Exchange Traded Concepts LLC. VIDI, VBND, and VUSE's sub-advisor is Vident Investment Advisory (VIA). Vident Financial owns the indexes that underline the funds. Quasar is not affiliated with Vident Financial, Exchange Traded Concepts, or Vident Investment Advisory.

Duration is the number of years from the purchase date required to recover the true cost of a bond, this value is a way to compare bonds with different issue and maturity dates, coupon rates and yields to maturity.