VanEck Copper and Electrification Metals ETF EMET Strategy

The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector™ Global Electrification Metals Index (the “Electrification Metals Index” or the “Index”). The fund normally invests at least 80% of its total assets in securities of Electrification Metals Companies. For purposes of this policy, the term “assets” means net assets plus the amount of any borrowings for investment purposes. The Electrification Metals Index is a global index that tracks the performance of Electrification Metals Companies. The fund is non-diversified.