Past performance is no guarantee of future results.Ħ The S&P 500® Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector as an Index, it is unmanaged and is not a security in which investments can be made.Īn investment in the Fund may be subject to risks which include, among others, investing in Russian issuers, foreign securities, emerging market issuers, currency, depositary receipts, basic materials sector, communication services sector, energy sector, financials sector, medium-capitalization companies, equity securities, market, operational, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversified and concentration risks, all of which may adversely affect the Fund. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The information contained herein: (1) is proprietary to Morningstar (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. ![]() For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".ģ Morningstar Ratings: When applicable, ratings shown when the ETF is rated three stars or more for any given period. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation. VanEck only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules.Ģ RSX Fees & Expenses: Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, depositary receipt fees up to 0.10% of the Fund’s average daily net assets, trading expenses, taxes and extraordinary expenses) from exceeding 0.62% of the Fund's average daily net assets per year until at least May 1, 2023. This voluntary waiver may be eliminated by VEAC at any time. Van Eck Associates Corporation (VEAC) has implemented a voluntary waiver of its management fee for the Fund. Effective December 28, 2022, the VanEck Russia ETF has suspended the right of redemption of fund shares pursuant to an exemptive order issued by the SEC on December 28, 2022, in order to permit the fund to liquidate its portfolio. Please refer to the press release for further details. Since trading is halted, the Fund no longer has a daily closing price and a premium/discount to NAV cannot be calculated.Įffective Mathe VanEck Russia ETF temporarily suspended the creation of new shares until further notice. On Friday, Maat 4:20 pm ET, the Cboe BZX Exchange (Cboe) halted trading of the VanEck Russia ETF (RSX). For more information, please refer to the prospectus. An initial liquidation distribution is currently scheduled to be sent to shareholders on or around January 12, 2023. ![]() The Board of Trustees of the VanEck ETF Trust has approved the liquidation of the Fund. Shareholder Notice: RSX and RSXJ Liquidation Additional information can also be found in the Liquidation FAQ. ![]()
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