Marketing Communication VanEck EMLCJ.P. Morgan EM Local Currency Bond UCITS ETF Fund Details Fund Description 28 February 2025 Base CurrencyUSD VanEck J.P. Morgan EM Local Currency Bond UCITS ETF (EMLC) is a UCITS-compliant exchange- Inception Date 07 April 2017 traded fund that invests in a portfolio of bond securities with the aim of providing investment returns Domicile Ireland that closely track the performance of the J.P. Morgan Government Bond Index-Emerging Markets Global Core Index (GBIEMCOR). The J.P. Morgan Government Bond Index-Emerging Markets Global Net Assets USD 82.9M Core Index (GBIEMCOR) is a comprehensive Emerging Markets debt benchmark that tracks local Shares Outstanding 1,390,000 currency bonds issued by Emerging Market governments. Please consult www.jpmorgan.com for Total Expense Ratio0.30% further index information. Product Structure Physical (Optimized) Performance History (%) UCITS Compliant YesETF Rebalance Frequency Monthly Month End as of 28 Feb 2025 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR INCEPTION ETF 0.80 0.96 2.79 1.47 0.74 -0.76 ---0.08 Distribution Frequency None GBIEMCOR (Index) 0.75 0.98 2.80 2.58 1.21 -0.39 0.50 0.48 Income Treatment Reinvestment Swiss Valor36453832 Past Performance as of 31 Dec 2024 ISA Eligibility Yes 20% SIPP AvailableYes Countries of AT, CH, DE, DK, ES, FI, 10% Registration FR, IE, IS, IT, LU, NL, NO, PL, PT, SE, UK0% Index Information-10% Index Provider J.P. Morgan -20% Index Type Total Return 2015 2016 2017 2018 2019 2020 2021 2022 20232024 Currency USD VanEck J.P. Morgan EM Local Currency Bond UCITS ETF Inception Date 22 Jul 2010Benchmark Index (J.P. Morgan GBI-EMG Core Index) Rebalance Frequency Monthly 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Bloomberg Ticker GBIEMCOR VanEck J.P. Morgan EM Local Currency-7.89.3 2.7 -9.7 -10.3 11.2-3.2 Bond UCITS ETF Country Breakdown Benchmark Index (J.P. Morgan GBI-EMG-6.9 10.1 3.5 -9.2 -10.2 10.9-2.4 China 9.77% Core Index) Mexico 8.76% Past performance does not predict future returns. Performance quoted represents past performance. Current Malaysia 8.45% performance may be lower or higher than average annual returns shown. Performance data is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction Indonesia 8.37% fees will apply. Returns may increase or decrease as a result of currency fluctuations. Investors must be aware India 7.81% that, due to market fluctuations and other factors, the performance of the ETFs may vary over time and should Thailand 7.71% consider a medium/long-term perspective when evaluating the performance of ETFs. Investing is subject to risks, including the possible loss of principal. Source: VanEck. South Africa 6.39% *Periods greater than one year are annualised. Poland 5.66% Brazil 5.26% Sector weightings Other/Cash 31.81% Sector % of Net Assets Government Activity 99.6 Other/Cash0.4 Marketing Communication VanEck EMLC J.P. Morgan EM Local Currency Bond UCITS ETF Top 10 Holdings 28 February 2025 BRAZIL LETRAS DO TESOURO NACIONAL01 Jul 2026 1.1396% BRAZIL LETRAS DO TESOURO NACIONAL 01 Jan 2026 0.9853% TURKIYE GOVERNMENT BOND 26.20005 Oct 2033 0.8073% REPUBLIC OF SOUTH AFRICA GOVERNMENT BON 10.50021 Dec 2026 0.8048% MEXICAN BONOS 5.50004 Mar 2027 0.7985% REPUBLIC OF SOUTH AFRICA GOVERNMENT BON8.00031 Jan 2030 0.7676% REPUBLIC OF SOUTH AFRICA GOVERNMENT BON8.75028 Feb 2048 0.7646% MEXICAN BONOS 7.75029 May 2031 0.7573% MEXICAN BONOS 7.50003 Jun 2027 0.7524% MEXICAN BONOS 8.50031 May 2029 0.7397% For a complete up-to-date listing of Fund holdings, please visit www.vaneck.com Fundamentals* Yield to Worst 6.89% Yield to Maturity7.03% Effective Duration (yrs) 5.07 Years to Maturity 7.61 Modified Duration (yrs)5.17 Coupon 5.96% * These figures represent averages. Yield to Worst measures the lowest of either Yield to Maturity or Yield to Call date on every possible call date. Yield to Maturity is the annualized return on a bond held to maturity. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bonds with embedded options. Modified Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. Years to Maturity is the period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid. Coupon is measured by weighting the coupon of each bond by its relative size in the portfolio. Coupons are fixed percentages paid on a fixed-income security on an annual basis. Averages are market weighted. The Coupon and Yield to Worst do not represent the performance of the Fund. These statistics do not take into account fees and expenses associated with investments of the Fund. Trading InformationTRADING EXCHANGE BLOOMBERG REUTERS IOPV EXCHANGE CURRENCY ISIN TICKER TICKER TICKER SEDOL SYMBOL LONDON STOCK EXCHANGE USDIE00BDS67326 EMLC EMLC LN EMLC.L BDRXS19EMLCUIV LONDON STOCK EXCHANGE GBPIE00BDS67326 EMGB EMGB LN EMGB.L BYTPF19EMLCUIV DEUTSCHE BÖRSEEURIE00BDS67326 EM1C EM1C GYG2X1.DE BYPCZ25 EMLCUEIV SIX SWISS EXCHANGECHFIE00BDS67326 EMLC EMLC SE EMLC.S BYP3443EMLCUIV BORSA ITALIANAEURIE00BDS67326 EMLC EMLC IM EMLC.MIBYT2J41 EMLCUEIV Key Risks Credit Risk: The issuer or guarantor of a debt security may be unable and/or unwilling to make timely interest payments and/or repay the principal on its debt or to otherwise honour its obligations. Bonds are subject to varying degrees of credit risk which may be reflected in credit ratings. There is a possibility that the credit rating of a bond may be downgraded after purchase, which may adversely affect the value of the security. Foreign Currency Risk: Because all or a portion of the Fund are being invested in securities denominated in foreign currencies, the Fund’s exposure to foreign currencies and changes in the value of foreign currencies versus the Base Currency may result in reduced returns for the Fund, and the value of certain foreign currencies may be subject to a high degree of fluctuation. Emerging Markets Risk: Investments in emerging market countries are subject to specific risks and securities are generally less liquid and less efficient and securities markets may be less well regulated. Specific risks may be heightened by currency fluctuations and exchange control; imposition of restrictions on the repatriation of funds or other assets; governmental interference; higher inflation; social, economic and political uncertainties. For more information on risks, please see the “Risk Factors” section of the relevant Fund’s prospectus, available on www.vaneck.com. IMPORTANT INFORMATION This is a marketing communication for professional investors only. Please refer to the UCITS prospectus and to the Key Investor Information Document (KIID) before making any final investment decisions. These documents are available in English and the KIDs in local languages and can be obtained free of charge at www.vaneck.com, from VanEck Asset Management B.V. (the “Management Company”) or, where applicable, from the relevant appointed facility agent for your country. This information originates from VanEck Securities UK Limited (FRN: 1002854), an Appointed Representative of Sturgeon Ventures LLP (FRN: 452811), who is authorised and regulated by the Financial Conduct Authority in the UK. The information is intended only to provide general and preliminary information to FCA regulated firms such as Independent Financial Advisors (IFAs) and Wealth Managers. Retail clients should not rely on any of the information provided and should seek assistance from an IFA for all investment guidance and advice. This material is only intended for general and preliminary information and shall not be construed as investment, legal or tax advice. VanEck Securities UK Limited and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision on the basis of this information. The views and opinions expressed are those of the author(s) but not necessarily those of VanEck. Opinions are current as of the publication date and are subject to change with market conditions. Information provided by third party sources is believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck J.P. Morgan EM Local Currency Bond UCITS ETF (the "ETF") is a sub-fund of VanEck UCITS ETFs plc, an open-ended variable capital umbrella investment company with limited liability between sub-funds. The Management Company transferred the investment management for the ETF to Van Eck Associates Corporation, an investment company regulated by the U.S. Securities and Exchange Commission (SEC). The ETF is registered with the Central Bank of Ireland, passively managed and tracks a bond index. Investing in the ETF should be interpreted as acquiring shares of the ETF and not the underlying assets. VanEck’s ETF is not sponsored, endorsed, sold or promoted by J.P. Morgan and J.P. Morgan makes no representation regarding the advisability of investment in the ETF. J.P. Morgan does not warrant the completeness or accuracy of the J.P. Morgan GBI-EMG Core Index. J.P. Morgan is the marketing name for JPMorgan Chase & Co., and its subsidiaries and affiliates worldwide. Copyright 2020 JPMorgan Chase & Co. All rights reserved. It is not possible to invest directly in an index. Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. Performance data for the Irish domiciled ETFs is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Returns may increase or decrease as a result of currency fluctuations. Investors must be aware that, due to market fluctuations and other factors, the performance of the ETFs may vary over time and should consider a medium/long-term perspective when evaluating the performance of ETFs. Investing is subject to risk, including the possible loss of principal. Investors must buy and sell units of the UCITS on the secondary market via a an intermediary (e.g. a broker) and cannot usually be sold directly back to the UCITS. Brokerage fees may incur. The buying price may exceed, or the selling price may be lower than the current net asset value. The indicative net asset value (iNAV) of the UCITS is available on Bloomberg. The Management Company may terminate the marketing of the UCITS in one or more jurisdictions. The summary of the investor rights is available in English at: complaints-procedure.pdf (vaneck.com). For any unfamiliar technical terms, please refer to ETF Glossary | VanEck. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck. © VanEck Securities UK Limited