VanEck Vectors Global Mining UCITS ETF A

ETF-Strategie zu VanEck Vectors Global Mining UCITS ETF A

The Fund's investment objective is to replicate, before fees and expenses, the price and yield performance of the EMIX Global Mining Constrained Weights Index (the 'Index'). In order to seek to achieve its investment objective, the policy of the Fund is to invest directly in the underlying equity securities of the Index, being the stock, American depositary receipts and global depository receipts issued by mining and metals companies whose predominant economic activity is the production of base metals and industrial such as iron ore and coal. Further, the Fund may hold the equity securities of companies whose predominant economic is in gold or other precious metal of mineral mining, however the Fund does not hold physical goldor metal. Where it is not practical or cost efficient for the Fund to fully replicate the Index, the Investment Manager may utilise an optimised sampling methodology.