Title: 

URL Source: https://docs.oppl.io/etf/IE00BMDKNW35_20-06-2025.pdf

Published Time: 2025-06-17T08:54:47.000Z

Markdown Content:
Lower risk 

> Typically lower reward

Higher risk 

> Typically higher reward

KEY INVESTOR INFORMATION 

This document provides you with key investor information about this Fund. It is not marketing material. The information is 

required by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it so 

you can make an informed decision about whether to invest. 

# VanEck Crypto and Blockchain Innovators UCITS ETF (the "Fund") 

# a sub-fund of VanEck UCITS ETFs plc (the "Company") 

# Share Class: USD A ISIN: IE00BMDKNW35 

This Fund is managed by VanEck Asset Management B.V., a subsidiary of Van Eck Associates Corporation. 

# Objectives and Investment Policy 

The Fund's investment objective is to replicate, before fees and expenses, the 

MVIS® Global Digital Assets Equity Index (the “Index”). 

In order to seek to achieve its investment objective, the Manager will use a 

replication strategy by investing directly in the underlying equity securities of the 

Index being the stocks, American depository receipts (ADRs), and global 

depository receipts (GDRs). Such equity securities must be issued by 

companies who generate at least 50% of their revenues/assets from the global 

digital assets segment listed or traded on the Markets referred to in Appendix II 

of the Prospectus. For the avoidance of doubt, where the Index already holds 

such equity securities, the Index will seek to remove the security when the 

percentage of revenue generated from the global digital assets segment drops 

below 25% of the relevant company’s revenues. Where it is not practical or cost 

efficient for the Fund to fully replicate the Index, the Manager may utilise an 

optimised sampling methodology. Where it is not practical or cost efficient for the 

Fund to fully replicate the Index, the Fund will not avail of the increased limits as 

set out in Regulation 71 of the UCITS Regulations. 

The Fund may invest up to 15% of its Net Asset Value directly in shares issued 

by companies listed on the Shanghai Stock Exchange or the Shenzhen Stock 

Exchange. 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 (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. 

# Risk and Reward Profile 

## 1 2 3 4 5 6 7

The risk and reward indicator is calculated using historical and simulated 

historical data. Historical data may not be a reliable indication for the future. 

Therefore, the risk classification may change over time. 

Even if the Fund is in the lowest risk category, it does not mean it is risk free or 

that capital is guaranteed or protected. 

This Fund is ranked at 7 because funds of this type have experienced very high 

rises and falls in value in the past. 

The following risks can be materially relevant but are not necessarily adequately 

captured by the synthetic risk indicator and may cause additional loss: 

Liquidity Risks: Exists when a particular financial instrument is difficult to 

purchase or sell. If the relevant market is illiquid, it may not be possible to 

initiate a transaction or liquidate a position at an advantageous or 

reasonable price, or at all. 

Limited Diversification Risk: The Fund may invest a relatively high 

percentage of its assets in a smaller number of issuers or may invest a 

larger proportion of its assets in a single issuer. As a result, the gains and 

losses on a single investment may have a greater impact on the Fund's 

Net Asset Value and may make the Fund more volatile than more 

diversified funds. 

Risk of investing in smaller companies: The securities of smaller 

companies may be more volatile and less liquid than the securities of 

large companies. Smaller companies, when compared with larger 

companies, may have a shorter history of operations, fewer financial 

resources, less competitive strength, may have a less diversified product 

line, may be more susceptible to market pressure and may have a smaller 

market for their securities. 

For more information on risks, please see the “Risk Factors” section of the 

Fund’s prospectus, available on www.vaneck.com .Charges 

The charges you pay are used to pay the costs of running the Fund, including 

the costs of marketing and distributing it. These charges reduce the potential 

growth of your investment. 

One-off charges taken before or after you invest 

Entry charge None* 

Exit charge None* 

These are the maximum charges that could be taken from your money before it 

is invested or before we pay out the sale proceeds of your investment. 

Charges taken from the Fund over a year 

Ongoing charges 0.65% 

Charges taken from the Fund under certain specific conditions 

Performance fee None 

*Not applicable to investors on the secondary market. Investors who buy or sell 

shares via a market pay the costs charged by their financial intermediaries. 

Information on these charges can be obtained from the markets where the 

shares are listed and traded or from the financial intermediaries. 

You can find more information on the charges in the cost section of the Fund’s 

prospectus and/or supplement. This is available at www.vaneck.com .

The ongoing charges figure is based on expenses for the 12-month period ending 

31 December 2024. This figure may vary from year to year. It excludes portfolio 

transaction costs. 

# Past Performance 

Until 16 December 2022 the performance was achieved with a different investment policy. 

Any indication of past performance is not a reliable indicator of future performance. 

The chart shows the Fund’s annual performance in USD for each full calendar year over the period displayed in the chart. It is expressed as a percentage change of 

the Fund’s net asset value at each year-end. The Fund was launched on 30 April 2021. 

Performance is shown after deduction of ongoing charges. 

# Practical Information 

The Depositary of the Fund is State Street Custodial Services (Ireland) Limited. 

Further information about the Company and the Fund including the prospectus 

and most recent annual reports and semi-annual reports is available free of 

charge online at www.vaneck.com or on request at the registered office of the 

company. These documents are available in English and certain other languages. 

The Fund is a sub-fund of the Company, an umbrella fund structure comprising 

different sub-funds. This document is specific to the Fund stated at the beginning 

of this document. However, the prospectus, annual and semi-annual reports are 

prepared for the Company rather than separately for the Fund. 

The net asset value and other information is available online at www.vaneck.com .

Investors can buy or sell shares daily on stock exchange(s) on which the shares 

are traded. The Fund shares are traded on one or more stock exchanges. 

The details of the remuneration policy of the management company, VanEck 

Asset Management B.V., including, but not limited to, a description of how 

remuneration benefits are calculated, the identities of persons responsible for 

awarding the remuneration and benefits including the composition of the 

remuneration committee, where applicable, may be obtained from the website 

www.vaneck.com and a paper copy is available, free of charge and upon request, 

at the registered office of the management company. The Company is subject to 

the tax laws and regulations of Ireland. Depending on your own country of 

residence, this may have an impact on your investment. Please consult your 

investment or tax adviser for advice on your own tax liabilities. 

Further details regarding the Index are available on the Index Provider's website: 

www.marketvector.com 

VanEck Asset Management B.V. may be held liable solely on the basis of any 

statement contained in this document that is misleading, inaccurate or 

inconsistent with the relevant parts of the prospectus of the Fund. 

Under Irish law, the Company has segregated liability between its sub-funds. The 

Fund’s assets will not be used to discharge the liabilities of other sub-funds of 

the Company. In addition, the Fund’s assets and liabilities are segregated and 

held separately from the assets of other sub-funds. 

The Fund is authorized in Ireland and regulated by the Central Bank of Ireland (CBI). VanEck Asset Management B.V. is authorized in the Netherlands and regulated 

by the Dutch Authority for the Financial Markets (AFM). The key investor information is accurate as at 20 June 2025. 

%    

> -85.9% -85.9%
> 276.1% 276.1%
> 43.5% 43.5%
> -85.9% -85.9%
> 268.1% 268.1%
> 43.7% 43.7%
> 2020 2021 2022 2023 2024
> -120
> -90
> -60
> -30
> 0
> 30
> 60
> 90
> 120
> 150
> 180
> 210
> 240
> 270
> 300

Fund Index