VanEck, the US based investment group, has launched a fund which focuses on the fast-growing eSports industry.
The VanEck Vectors Video Gaming and eSports UCITS ETF will tap the video gaming and events market growth. The new ETF will aim to replicate the price and yield performance of the MVIS® Global Video Gaming and eSports Index. The index exclusively includes companies that generate more than 50% of their revenues through video gaming and eSports.
The total expense ratio of the new ETF is 0.55% per annum. VanEck expects established video gaming companies will benefit most from the growth in the sector through partnerships, league ownership, sponsoring, franchising and other marketing measures.
According to the firm, Asia accounts for 50% of the global esports audience with esports being included alongside traditional forms of sport in the next Asian Games in 2022.

By Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.