Marketing Communication VanEck GFA Global Fallen Angel High Yield Bond UCITS ETF Fund Details Fund Description 28 February 2025 Base CurrencyUSD The VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFA) is a UCITS-compliant exchange- Inception Date 19 March 2018 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 ICE Global Fallen Angel High Yield 10% Constrained Index (HWCF). The ICE Global Fallen Angel High Yield 10% Constrained Index is comprised of below Net Assets USD 93.9M investment grade corporate bonds denominated in US dollar, Canadian dollar, British pound sterling Shares Outstanding 1,385,000 and Euro, that were rated investment grade at the time of issuance and that are publicly issued in the Total Expense Ratio0.40% major domestic or eurobond markets. Product Structure Physical (Optimized) Performance History (%) UCITS Compliant Yes ETF 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 1.11 1.11 2.28 8.14 3.17 4.52 --4.47 Distribution Frequency None HWCF (Index) 1.19 1.27 2.45 8.60 3.41 4.54 5.67 4.60 Income Treatment Reinvestment Swiss Valor40992308 Past Performance as of 31 Dec 2024 ISA Eligibility Yes 20% SIPP AvailableYes Countries of AT, CH, DE, DK, ES, FI, Registration FR, IE, IS, IT, LU, NL, NO, PL, PT, SE, UK0% Index Information Index ProviderICE Data Indices, LLC -20% Index Type Total Return 2015 2016 2017 2018 2019 2020 2021 2022 20232024 Currency USD VanEck Global Fallen Angel High Yield Bond UCITS ETF Inception Date 31 Dec 1997 Benchmark Index (ICE Global Fallen Angel High Yield 10% Constrained Index) Rebalance Frequency Monthly 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Bloomberg Ticker HWCF VanEck Global Fallen Angel High Yield 13.2 16.42.8-13 10.7 5.5 Bond UCITS ETF Country Breakdown Benchmark Index (ICE Global Fallen14.1 14.83.4-1311 5.9 United States29.60% Angel High Yield 10% Constrained Mexico 9.94% Index) France 5.63% Past performance does not predict future returns. Brazil 5.54% Index data prior to 31 July 2020 reflects index data of the ICE Global Fallen Angel High Yield Index (HWFA). From 31 July 2020 forward, the index data reflects that of the Fund's underlying index, the ICE Global Fallen Angel High United Kingdom 5.14% Yield 10% Constrained Index (HWCF). Index history which includes periods prior to the index change shows a Germany4.69% blended performance and is not intended for third party use. Israel 4.65% Performance quoted represents past performance. Current 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 Canada 4.63% net income reinvested, net of fees. Brokerage or transaction fees will apply. Returns may increase or decrease as Colombia 4.36% 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 Other/Cash 25.83% evaluating the performance of ETFs. Investing is subject to risks, including the possible loss of principal. Source: VanEck. *Periods greater than one year are annualised. Sector weightings Sector % of Net Assets Energy20.5 Financials15.2 Consumer Cyclicals14.9 Technology10.5 Real Estate 8.7 Other/Cash30.3 Marketing Communication VanEck GFA Global Fallen Angel High Yield Bond UCITS ETF Top 10 Holdings 28 February 2025 TEVA PHARMACEUTICAL FINANCE NETHERLANDS 3.150 01 Oct 2026 2.1962% PETROLEOS MEXICANOS 7.690 23 Jan 2050 1.5538% VODAFONE GROUP PLC7.000 04 Apr 2079 1.4047% ECOPETROL SA 6.875 29 Apr 2030 1.3656% ENTEGRIS INC 4.750 15 Apr 2029 1.0399% PETROLEOS MEXICANOS 6.500 13 Mar 2027 1.0254% PETROLEOS MEXICANOS 6.750 21 Sep 2047 1.0231% TEVA PHARMACEUTICAL FINANCE NETHERLANDS 4.100 01 Oct 2046 0.9677% ECOPETROL SA 5.875 28 May 2045 0.9625% ROGERS COMMUNICATIONS INC 5.000 17 Dec 2081 0.9391% For a complete up-to-date listing of Fund holdings, please visit www.vaneck.com Fundamentals* Yield to Worst 6.42% Yield to Maturity6.51% Effective Duration (yrs) 4.44 Years to Maturity 6.89 Modified Duration (yrs)4.45 Coupon 4.86% * 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 USDIE00BF540Z61 GFAGFA LN GFA.LBF3W0N0 GFAUSIV LONDON STOCK EXCHANGE GBPIE00BF540Z61 GFGB GFGB LN GFGB.LBF3W0P2 GFAUSIV DEUTSCHE BÖRSEEURIE00BF540Z61 GFEA GFEA GY GFEA.DE BFLV0B7GFAEUIV SIX SWISS EXCHANGECHFIE00BF540Z61 GFAA GFAA SE GFAA.S BG5KN52GFAUSIV BORSA ITALIANAEURIE00BF540Z61 GFAGFA IM GFA.MIBD9G3R7 GFAEUIV Key Risks Foreign Currency Risk: Because all or a portion of a Fallen Angels ETF is 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. That is one of the key risk factors of a Fallen Angels ETF. High Yield Securities Risk: The prices of junk bonds are likely to be more sensitive to adverse economic changes or individual issuer developments than higher rated securities possibly leading to junk bond issuers not being able to service their principal and interest payment obligations. The secondary market for securities that are junk bonds may be less liquid than the markets for higher quality securities. This is another risk factor of a Fallen Angels ETF. 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 Global Fallen Angel High Yield 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. ICE Data Indices, LLC and its affiliates (“ICE Data”) indices and related information, the name "ICE Data", and related trademarks, are intellectual property licensed from ICE Data, and may not be copied, used, or distributed without ICE Data's prior written approval. VanEck’s ETF has not been passed on as to its legality or suitability, and is not regulated, issued, endorsed, sold, guaranteed, or promoted by ICE Data. ICE DATA MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE NYSE ARCA GOLD MINERS INDEX OR ANY DATA INCLUDED THEREIN. IN NO EVENT SHALL ICE DATA HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. ICE Data Indices, LLC and its affiliates (“ICE Data”) indices and related information, the name "ICE Data", and related trademarks, are intellectual property licensed from ICE Data, and may not be copied, used, or distributed without ICE Data's prior written approval. VanEck has not been passed on as to its legality or suitability, and is not regulated, issued, endorsed, sold, guaranteed, or promoted by ICE Data. Until 31 July 2020, the performance was achieved with a different investment policy. Prior to 31 July 2020 the ETF used a different Index, the ICE Global Fallen Angel High Yield Index, which is reflected in the performance data of the Index. 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. 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