VanEck Global Fallen Angel HY Bd UCITS ETF USD A

The Funds investment objective is to replicate, before fees and expenses, the price and yield performance of the ICE Global Fallen Angel High Yield 10% Constrained Index (the Index). The Fund, utilising a passive or indexing investment approach (i.e. the Fund will not be actively managed and will seek to replicate the Index), attempts to approximate the investment performance of the Index by investing in a portfolio of securities (diversified portfolio of US dollar, Canadian dollar, British pound sterling and Euro denominated investment grade corporate and quasi-government debt) that generally replicates the Index.