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 Multi-Asset Conservative Allocation UCITS ETF (the "Fund") a sub-fund of VanEck ETFs N.V. (the "Company") ISIN: NL0009272764 This Fund is managed by VanEck Asset Management B.V., a subsidiary of Van Eck Associates Corporation. Objectives and Investment Policy VanEck Multi-Asset Conservative Allocation UCITS ETF is a passively managed Prospectus. multi-asset exchange traded Fund (ETF) which seeks to follow the Multi-Asset Income from the Fund’s investments is paid out as dividend. There is the Conservative Allocation Index as closely as possible. This is a composite index possibility of dividend 4 times per year, but the height of the dividend to be paid made up of the indices below, in the ratios stated: out is also considered. It may be the case that the income from the dividend and - 25% Solactive Sustainable World Equity Index coupon is relatively low in a particular quarter, which means that from a cost - 5% GPR Global 100 Indexperspective, it makes more sense to keep the income in the Fund until the next - 35% iBoxx SD-KPI EUR Liquid Corporates Index payment opportunity. - 35% Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index The Fund may not invest more than 10% of its Net Asset Value in open-ended Exposure to these indices is obtained through direct investments in shares and collective investment schemes. bonds. The indices will be followed as closely as possible using a sampling Recommendation: This Fund may not be appropriate for investors who plan to process. Because not all shares and bonds are included in the index, the return withdraw their money within 5 years. of the ETF can deviate from that of the index followed. For the current • Fund’s base currency: Euro composition, see www.vaneck.com • Distribution policy: Income distributed The approximate number of components can be found on our website. TheThe shares are admitted for trading on various stock exchanges and can be Manager has categorised the Product as meeting the provisions set out in Article traded on the secondary market. The price of the shares offered on the 8 of Regulation (EU) 2019/2088 on sustainability related disclosures in the secondary market may deviate from the net asset value of the shares. The return financial services sector ("SFDR") for products, which promote environmental of the Fund is directly related to the return of the underlying assets minus the and/or social characteristics and invest in companies that follow good costs associated with the Fund. If the performance of the underlying assets governance practices. The Product does not have sustainable investment as itsdecreases, the performance of the Fund will also decrease. There is no capital investment objective. The Index considers ESG factors as further detailed in the protection against Market Risk. Index methodology available on the Index Provider’s website and in the Risk and Reward Profile Lower riskHigher risk Credit Risk: The issuer or guarantor of a debt security may be unable Typically lower reward Typically higher reward 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 1 23 4 56 7ratings. 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. The risk and reward indicator is calculated using historical and simulated historical data. Historical data may not be a reliable indication for the future. Interest Rate Risk: Bond prices could rise or fall as the result of changes Therefore, the risk classification may change over time.in the interest rates and the interest rate curve. Potential or actual downgrades in the credit rating can increase the assumed risk level. 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.Equity Market Risk: The prices of the securities in the Fund are subject to the risks associated with investing in the securities market, including This Fund is ranked at 4 because funds of this type have experienced high rises general economic conditions and sudden and unpredictable drops in and falls in value in the past. value. An investment in the Fund may lose money. The following risks can be materially relevant but are not necessarily adequately captured by the synthetic risk indicator and may cause additional loss: 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 *Not applicable to investors on the secondary market. Investors who buy or sell the costs of marketing and distributing it. These charges reduce the potential shares via a market pay the costs charged by their financial intermediaries. growth of your investment. Information on these charges can be obtained from the markets where the shares are listed and traded or from the financial intermediaries. One-off charges taken before or after you invest Entry charge None* 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. Exit chargeNone* The ongoing charges figure is based on expenses for the 12-month period ending These are the maximum charges that could be taken from your money before it 31 December 2024. This figure may vary from year to year. It excludes portfolio is invested or before we pay out the sale proceeds of your investment. transaction costs. Charges taken from the Fund over a year Ongoing charges0.28% Charges taken from the Fund under certain specific conditions Performance fee None Past Performance On 18 May 2018 and 6 September 2022, the underlying index was modified resulting in the performance being achieved with a different investment policy. Since no total return index was available, the performance up to September 2015 is compared to the price index. This may present a distorted picture since the effect of dividend and coupon payments is not included in the price index. 15 % ​12.2% 12.2% 11.5% ​11.5% 10.3% ​1 ​10.4%0.3% 10.4% 107.5%​7.5% ​7.7% 7.7% 6.5% ​6.5%6.8% ​6.8% ​5.6% 5.6% ​4.4% 4.4% ​4.7% 4.7% 5 ​3.6% 3.6% ​2.1% 2.1%2.6% ​2.6% ​2.4% 2.4% ​2.1% 2.1% 0 -1.7% ​-1.3% ​-1.7% -1.3%-5 -10 -15 -14.0%​- 14.0%-14.5%​-14.5% -20 20152016201720182019 20202021 2022 20232024FundIndexAny indication of past performance is not a reliable indicator of future performance. The chart shows the Fund’s annual performance in EUR 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 14 December 2009. Performance is shown after deduction of ongoing charges. The Fund uses a gross return index. The performance includes income distributions gross of Dutch withholding tax because Dutch investors can reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Practical Information The Depositary of the Fund is State Street Bank International GmbH, Amsterdam remuneration committee, where applicable, may be obtained from the website branch. www.vaneck.com and a paper copy is available, free of charge and upon request, Further information about the Company and the Fund including the prospectus at the registered office of the management company. The Company is subject to and most recent annual reports and semi-annual reports is available free of the tax laws and regulations of the Netherlands. Depending on your own country charge online at www.vaneck.com or on request at the registered office of the of residence, this may have an impact on your investment. Please consult your company. These documents are available in Dutch and certain other languages. investment or tax adviser for advice on your own tax liabilities. The Fund is a sub-fund of the Company, an umbrella fund structure comprising Further details regarding the Index are available on the Index Provider's website: different sub-funds. This document is specific to the Fund stated at the beginninghttps://www.spglobal.com/spdji/en/ of this document. However, the prospectus, annual and semi-annual reports are VanEck Asset Management B.V. may be held liable solely on the basis of any prepared for the Company rather than separately for the Fund. statement contained in this document that is misleading, inaccurate or The net asset value and other information is available online at www.vaneck.com. inconsistent with the relevant parts of the prospectus of the Fund. Investors can buy or sell shares daily on stock exchange(s) on which the shares Under Dutch law, the Company has segregated liability between its sub-funds. are traded. The Fund shares are traded on one or more stock exchanges.The Fund’s assets will not be used to discharge the liabilities of other sub-funds The details of the remuneration policy of the management company, VanEck of the Company. In addition, the Fund’s assets and liabilities are segregated and Asset Management B.V., including, but not limited to, a description of howheld separately from the assets of other sub-funds. For further information please remuneration benefits are calculated, the identities of persons responsible for refer to the prospectus. awarding the remuneration and benefits including the composition of the This Fund and VanEck Asset Management B.V. are authorized in Netherlands and regulated by the Authority for the Financial Markets (AFM). The key investor information is accurate as at 06 February 2025.