VanEck ChiNext ETF

The fund seeks to replicate the price and yield performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

As part of its strategy, the fund employs a passive or indexing investment approach to approximate the investment performance of the Index, by investing in a portfolio of securities that generally replicates the Index.

Next, the research team invests significantly in securities that comprise the Index.

The Index is designed to track the performance of the 100 largest and most liquid stocks listed and trading on the ChiNext Market of the Shenzhen Stock Exchange.

The ChiNext Index is comprised of China A-shares.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund may concentrate its investments in a particular industry or group of industries to the extent that the Index concentrates in an industry or group of industries.