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 iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF (the "Fund") a sub-fund of VanEck ETFs N.V. (the "Company") ISIN: NL0010273801 This Fund is managed by VanEck Asset Management B.V., a subsidiary of Van Eck Associates Corporation. Objectives and Investment Policy Through a combination of capital growth and income from the Fund’s assets, the Liquid Sovereigns Capped AAA-AA 1-5 Index is replicated as closely as Fund seeks to achieve a return on your investment which mirrors the market ofpossible. Where it is not practical or cost efficient for the Fund to fully replicate euro-denominated investment-grade bonds. The Fund seeks to achieve a return the Index, the Manager may utilise an optimised sampling methodology. on your investment that mirrors the yield of the Markit iBoxx EUR Liquid Income from the Fund’s investments is paid out as dividend. There is the Sovereigns Capped AAA-AA 1-5 Index, the Fund’s reference index (Index). possibility of dividend 4 times per year, but the height of the dividend to be paid The ETF is passively managed and invests in the underlying (physical) securities out must also be considered. It may be the case that the income from the that make up the index and does not lend the underlying securities out to third coupon is relatively low in a particular quarter, which means that from a cost parties. perspective, it makes more sense to keep the income in the Fund until the next To the extent possible and practically feasible, the Fund aims to invest in fixed- payment opportunity. income securities that are part of the Index and which meet the credit ratingThe Fund may not invest more than 10% of its Net Asset Value in open-ended requirements. If the credit ratings of the fixed-income securities are downgraded, collective investment schemes. the Fund can continue to hold these securities until they are no longer included Recommendation: This Fund may not be appropriate for investors who plan to in the Index and it is practically feasible to sell them.withdraw their money within 3 years. The Markit iBoxx EUR Liquid Sovereigns Capped AAA-AA 1-5 Index consists of • Fund’s base currency: Euro approximately 15 of the largest and most liquid euro-denominated government • Distribution policy: Income distributed bonds with a remaining term to maturity of 1.25 to 5.5 years. The index only The shares are admitted for trading on various stock exchanges and can be includes bonds with a AAA or AA rating and with an outstanding amount of at traded on the secondary market. The price of the shares offered on the least 2 billion euros. secondary market may deviate from the net asset value of the shares. The return In addition to all the fixed-income securities included in the reference index, the of the Fund is directly related to the return of the underlying assets minus the Fund can also invest in other fixed-income securities that offer a returncosts associated with the Fund. If the performance of the underlying assets comparable to that of certain constituent securities from the index. This policy is decreases, the performance of the Fund will also decrease. There is no capital in the investor’s interest and ensures that the yield of the Markit iBoxx EURprotection against Market Risk. Risk and Reward Profile Lower riskHigher risk and/or unwilling to make timely interest payments and/or repay the Typically lower reward Typically higher reward 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 12 3 4 56 7downgraded after purchase, which may adversely affect the value of the security. The risk and reward indicator is calculated using historical and simulated Liquidity Risks: Exists when a particular financial instrument is difficult to historical data. Historical data may not be a reliable indication for the future. purchase or sell. If the relevant market is illiquid, it may not be possible to Therefore, the risk classification may change over time.initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all. 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.Interest Rate Risk: Bond prices could rise or fall as the result of changes in the interest rates and the interest rate curve. Potential or actual The fund belongs to category 3 based on the type of investments. downgrades in the credit rating can increase the assumed risk level. 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 Credit Risk: The issuer or guarantor of a debt security may be unable 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 charges0.15% Charges taken from the Fund under certain specific conditions Performance fee None Past Performance 10 % 4.2%​4.2% ​4.3% 4.3% 5 1.8%​1.8% ​2.0% 2.0% ​1.2% 1.2% ​1.2% 1.2% 0.5% ​0.5% ​0.7% 0.7% 0.1% ​0.1% ​0.1% 0.1% 0 -0.0% ​-0.0% -0.2% ​-0.1% ​-0.2% -0.1% ​-0.1%-0.1% -0.8% ​-0.7% ​-0.8% -0.7%-1.4% ​-1.3%​-1.4% -1.3% -5-10​-9.7% -9.6% -9.7% ​-9.6% -15 2015201620172018 2019 2020 2021202220232024 Fund IndexAny 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 26 November 2012. 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, Amsterdamremuneration 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 theof 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 beginning https://www.spglobal.com/spdji/en/ of this document. However, the prospectus, annual and semi-annual reports areVanEck 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 how held 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.