VanEck Quantum Computing UCITS ETF A USD Acc

The Fund's investment objective is to replicate the price and the performance, before fees and expenses, of the MarketVector™ Global Quantum Leaders Index (the “Index”). In order to seek to achieve its investment objective, the Manufacturer will normally use a replication strategy by investing directly in the underlying equity securities of the Index being the equity stocks, American depository receipts (ADRs), and global depository receipts (GDRs) that consists of the component securities of the Index. Such equity securities must be issued by companies listed or traded on the Markets referred to in Appendix II of the Prospectus who derive 50% (25% for current components) of their revenues or operating activity from quantum computing technology or services or have at least 5 patents related to quantum computing technology.“Quantum computing” refers to the development of hardware, software, and technologies that utilize the principles of quantum mechanics to perform computations based on quantum mechanical states, rather than the traditional binary framework of classical computing. Where it is not practical or cost efficient for the Fund to fully replicate the Index, the Manufacturer may utilise an optimized sampling methodology. The Fund may invest more than 20% of its Net Asset Value in emerging markets. The Fund may also (or alternatively) invest in financial derivative instruments (FDIs) which relate to the Index or constituents of the Index. The FDIs which the Fund may use are futures, options (puts and calls), swaps (including equity swaps and swaps on the Index), currency forwards and non-deliverable forwards (a forward contract that does not require settlement on maturity) (NDFs). The Fund may also invest in ancillary liquid assets and money market instruments which may include bank deposits, depositary receipts, certificates of deposit, fixed or floating rate instruments (treasury bills), commercial paper, floating rate notes and freely transferable promissory notes. The ancillary liquid assets, money market instruments and FDI (other than permitted unlisted investments) will be listed or traded on the Markets referred to in Appendix II of the Prospectus. Investment in ancillary liquid assets and money market instruments may be utilised in a variety of circumstances, including but not limited to, situations such as managing total exposure to cash and borrowing on a short-term basis and in anticipation of participation in a rights offering. The Fund may not invest more than 10% of its Net Asset Value in open-ended collective investment schemes. Furthermore, the Fund may not invest less than 51% of its Net Asset Value in equity securities which constitute "equity participation" within the meaning of section 2, Article 8 of the German Investment Tax Act. The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of securities that generally replicates the Index. The Investment Manager will regularly monitor the Fund’s tracking accuracy. Recommendation: This Fund may not be appropriate for investors who plan to withdraw their money within 5 years. Fund’s base currency: U.S. Dollar Distribution policy: Income accumulated The shares are admitted for trading on various stock exchanges and can be traded on the secondary market. The price of the shares offered on the secondary market may deviate from the net asset value of the shares. The return of the Fund is directly related to the return of the underlying assets minus the costs associated with the Fund. If the performance of the underlying assets decreases, the performance of the Fund will also decrease. There is no capital protection against Market Risk.