Announcement
Prospectus update
The Board
of VanEck ETFs N.V., an investment company with variable capital,
having its registered office at Barbara Strozzilaan 310, 1083 HN
Amsterdam, company number 34314095 (the Company),
hereby informs its investors of the changes to the prospectus of
the VanEck European Equal Weight UCITS ETF (the Sub-fund).
The
changes to the prospectus will take effect on 16 June 2023 (the Effective
Date). The
amended prospectus will be available as per the Effective
Date on the
website of VanEck:
www.vaneck.com.
As certain
amendments to the prospectus affect the rights and/or increase the
liabilities of the participants of the Sub-fund, the participants
are entitled to redeem their shares in accordance with the existing
terms in the prospectus until the Effective Date.
As of the
Effective Date, the material changes to the terms in the prospectus
of the Sub-fund are the following:
-
The
underlying Index of the Sub-fund will update its ESG-screening
method; and
-
The name
of the underlying Index of the Sub-fund is changed from
Morningstar® Developed Markets Large Cap Dividend Leaders
IndexSM”
to “Morningstar® Developed Markets Large Cap Dividend Leaders
Screened Select IndexSM”.
The change
is aimed at improving the ESG characteristics of the fund by
utilizing more comprehensive screening mechanisms.
Based on
the back tested data, this change is expected to have only minimal
effect on the index composition, return, and other performance
metrics.
In
addition to the abovementioned changes, other minor changes will be
implemented as part of the Annual Prospectus Update.
Investors
who have any queries or to whom any of the above is not clear,
please contact your usual VanEck contact or consult with your
professional adviser.
We thank
you for your continuing support of the Company.
Yours
faithfully,
VanEck
Asset Management B.V.
The Board
of Directors
For and on
behalf of
VanEck
ETFs N.V.