VanEck Emerging Markets Bond UCITS

Daily Price as of 26/01/23

BLOOMBERG	NAV	DAILY CHANGE
VAEMBR1	$66.34	$+0.08 +0.1%
VAEMEI2	€72.77	€+0.07 +0.1%
VAEMI1H	€47.91	€+0.05 +0.1%
VAUMUI1	$73.72	$+0.08 +0.1%
VAUMUI2	$72.92	$+0.08 +0.1%

Details

DOMICILE	FUND STRUCTURE
Ireland	ICAV

Fund Literature

Country Weightings (%) as of 31/12/22

Country	% of Net Assets
■ Indonesia 8.2 #40699c	8.2
■ Mexico 7.0 #215465	7.0
■ China 6.9 #3c8da3	6.9
■ Malaysia 6.9 #a3cd3b	6.9
■ Thailand 5.4 #7f9a48	5.4
■ Brazil 4.7 #d0e796	4.7
■ Colombia 4.4 #79f138	4.4
■ Chile 3.0 #de886e	3.0
■ Peru 2.9 #652130	2.9
■ Turkey 2.9 #a23b1c	2.9
■ Saudi Arabia 2.6 #853649	2.6
■ Sri Lanka 2.5 #f9f888	2.5
■ India 2.3 #8c792f	2.3
■ South Korea 2.2 #d3b32a	2.2
■ Argentina 2.1 #e4a15f	2.1
■ Poland 2.1 #d26e0c	2.1
■ Uruguay 2.1 #c62d19	2.1
■ Congo 2.0 #a6266b	2.0
■ Virgin Islands 1.8 #590f62	1.8
■ Zambia 1.8 #2d0754	1.8
■ Czech Republic 1.7 #40699c	1.7
■ Philippines 1.6 #215465	1.6
■ Israel 1.6 #3c8da3	1.6
■ UAE 1.5 #a3cd3b	1.5
■ Singapore 1.5 #7f9a48	1.5
■ Hungary 1.3 #d0e796	1.3
■ Uzbekistan 1.2 #79f138	1.2
■ Qatar 1.2 #de886e	1.2
■ Angola 1.2 #652130	1.2
■ Dominican Republic 1.0 #a23b1c	1.0
■ Romania 0.9 #853649	0.9
■ Austria 0.8 #f9f888	0.8
■ Nigeria 0.8 #f9f888	0.8
■ Bahrain 0.7 #a3cd3b	0.7
■ Luxembourg 0.7 #d3b32a	0.7
■ Panama 0.7 #d26e0c	0.7
■ Oman 0.7 #c62d19	0.7
■ Kenya 0.6 #a6266b	0.6
■ United Kingdom 0.6 #590f62	0.6
■ Guatemala 0.6 #2d0754	0.6
■ Jamaica 0.5 #40699c	0.5
■ Paraguay 0.5 #215465	0.5
■ Kuwait 0.5 #3c8da3	0.5
■ Senegal 0.4 #a3cd3b	0.4
■ Jordan 0.4 #7f9a48	0.4
■ Costa Rica 0.3 #d0e796	0.3
■ Morocco 0.2 #79f138	0.2
■ Cote D'Ivoire 0.2 #de886e	0.2
■ Rwanda 0.2 #652130	0.2
■ Pakistan 0.2 #a23b1c	0.2
■ Gabon 0.1 #853649	0.1
■ Cash 1.8 #f9f888	1.8
Total	100.0

Holdings

View All Holdings

Portfolio Weightings (%)
as of 31/12/22

BOND TYPE	% OF NET ASSETS
Sovereign Bond	76.3
Corporate Bond	15.6
Quasi-Sovereign Bond*	5.1
Supranational Bond	1.2
Cash	1.8

*Quasi-Sovereign Bonds are defined by Van Eck as public sector entities or corporations whose debt can be explicitly or implicitly guaranteed by a sovereign government.

Gross Currency
Exposure (%)
as of 31/12/22

U.S. Dollar	48.9
Indonesian Rupiah	7.3
Malaysian Ringgit	6.9
Thailand Baht	5.4
Brazilian Real	4.7
Chilean Peso	3.0
Colombian Peso	2.9
British Pound	2.3
South Korean Won	2.2
Uruguay Peso	2.1
Other/Cash	14.5

Currency Exposure (%)
as of 31/12/22

Hard Currency	51.1
Local Currency	47.1
Cash	1.8

Credit Quality Breakdown (%)
as of 31/12/22

Composite Rating	% OF NET ASSETS
AAA	0.0
AA	3.7
A	13.2
BBB	27.0
BB	22.0
B	10.3
CCC	5.3
CC	2.1
C	0.1
NR	12.2
Other	2.5
Cash	1.8

Composite Rating is an evenly weighted blend of a security’s rating by internationally recognized rating agencies. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.

Past Performance - VAEMBR1 as of 31 Dec 2022

This chart shows the fund’s performance in USD as the percentage loss or gain per year over the last 8 year(s) against its benchmark. The Fund was launched on 12 June 2014. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

The performance indicated before the merger on 16/06/2017 relates to the Van Eck SICAV performance.

Previous Performance Scenarios - VAEMBR1

What you will get from this Product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The monthly unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the Product over the last 10 years. Markets could develop very differently in the future.

Recommended holding period: 5 years.
Example Investment: USD 10,000

If you exit after 1 year
If you exit after 5 years

Showing period:

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (USD)	5,870	7,430	9,530	13,230
11/2022	Average annual return	-41.33%	-25.70%	-4.66%	32.25%
12/2022	What you might get back after costs (USD)	5,900	7,430	9,520	13,230
12/2022	Average annual return	-40.98%	-25.70%	-4.78%	32.25%

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (USD)	4,880	4,880	9,070	11,950
11/2022	Average annual return	-13.36%	-13.36%	-1.93%	3.63%
12/2022	What you might get back after costs (USD)	5,430	5,430	9,030	11,950
12/2022	Average annual return	-11.50%	-11.50%	-2.02%	3.63%

The figures shown include all the costs of the Product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. The stress scenario shows what you might get back in extreme market circumstances. Your maximum loss would be that you will lose all your investment.

Past Performance - VAEMEI2 as of 31 Dec 2022

This chart shows the fund’s performance in EUR as the percentage loss or gain per year over the last 5 year(s) against its benchmark. The Fund was launched on 22 August 2017. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

The performance indicated before the merger on 16/06/2017 relates to the Van Eck SICAV performance.

Showing period:

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (EUR)	6,160	7,750	10,100	13,930
11/2022	Average annual return	-38.41%	-22.52%	1.00%	39.27%
12/2022	What you might get back after costs (EUR)	6,200	7,750	10,080	13,930
12/2022	Average annual return	-38.04%	-22.52%	0.84%	39.27%

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (EUR)	4,920	4,920	9,750	12,420
11/2022	Average annual return	-13.23%	-13.23%	-0.51%	4.44%
12/2022	What you might get back after costs (EUR)	5,430	5,430	9,730	12,420
12/2022	Average annual return	-11.49%	-11.49%	-0.54%	4.44%

Past Performance - VAEMI1H as of 31 Dec 2022

This chart shows the fund’s performance in EUR as the percentage loss or gain per year over the last 7 year(s) against its benchmark. The Fund was launched on 06 October 2015. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

The performance indicated before the merger on 16/06/2017 relates to the Van Eck SICAV performance.

Previous Performance Scenarios - VAEMI1H

If you exit after 1 year
If you exit after 5 years

Showing period:

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (EUR)	6,170	7,730	10,070	13,900
11/2022	Average annual return	-38.26%	-22.66%	0.66%	39.04%
12/2022	What you might get back after costs (EUR)	6,210	7,730	10,050	13,900
12/2022	Average annual return	-37.86%	-22.66%	0.53%	39.04%

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (EUR)	4,860	4,860	9,460	12,010
11/2022	Average annual return	-13.43%	-13.43%	-1.11%	3.74%
12/2022	What you might get back after costs (EUR)	5,360	5,360	9,450	12,010
12/2022	Average annual return	-11.73%	-11.73%	-1.13%	3.74%

Past Performance - VAUMUI1 as of 31 Dec 2022

This chart shows the fund’s performance in USD as the percentage loss or gain per year over the last 9 year(s) against its benchmark. The Fund was launched on 20 August 2013. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.

Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

The performance indicated before the merger on 16/06/2017 relates to the Van Eck SICAV performance.

Previous Performance Scenarios - VAUMUI1

If you exit after 1 year
If you exit after 5 years

Showing period:

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (USD)	6,180	7,910	10,140	14,120
11/2022	Average annual return	-38.25%	-20.93%	1.44%	41.22%
12/2022	What you might get back after costs (USD)	6,210	7,910	10,140	14,120
12/2022	Average annual return	-37.88%	-20.93%	1.38%	41.22%

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (USD)	5,410	5,410	10,170	13,490
11/2022	Average annual return	-11.56%	-11.56%	0.33%	6.17%
12/2022	What you might get back after costs (USD)	6,020	6,020	10,150	13,490
12/2022	Average annual return	-9.66%	-9.66%	0.31%	6.17%

Past Performance - VAUMUI2 as of 31 Dec 2022

Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

The performance indicated before the merger on 16/06/2017 relates to the Van Eck SICAV performance.

Previous Performance Scenarios - VAUMUI2

If you exit after 1 year
If you exit after 5 years

Showing period:

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (USD)	6,080	7,920	10,160	14,150
11/2022	Average annual return	-39.19%	-20.78%	1.63%	41.51%
12/2022	What you might get back after costs (USD)	6,120	7,920	10,160	14,150
12/2022	Average annual return	-38.76%	-20.78%	1.59%	41.51%

Referenced Months	Minimum	There is no minimum guaranteed return.
Referenced Months		Stress	Unfavourable	Moderate	Favourable
11/2022	What you might get back after costs (USD)	5,460	5,460	10,310	13,660
11/2022	Average annual return	-11.38%	-11.38%	0.61%	6.44%
12/2022	What you might get back after costs (USD)	6,080	6,080	10,270	13,660
12/2022	Average annual return	-9.48%	-9.48%	0.54%	6.44%

VanEck Emerging Markets Bond UCITS (Bond Fund)

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Our Latest Insights

Daily Price as of 26/01/23

Details

Fund Literature

Country Weightings (%) as of 31/12/22

Holdings

Portfolio Weightings (%)
as of 31/12/22

Gross Currency
Exposure (%)
as of 31/12/22

Currency Exposure (%)
as of 31/12/22

Credit Quality Breakdown (%)
as of 31/12/22

Past Performance - VAEMBR1 as of 31 Dec 2022

Previous Performance Scenarios - VAEMBR1

Past Performance - VAEMEI2 as of 31 Dec 2022

Previous Performance Scenarios - VAEMEI2

Past Performance - VAEMI1H as of 31 Dec 2022

Previous Performance Scenarios - VAEMI1H

Past Performance - VAUMUI1 as of 31 Dec 2022

Previous Performance Scenarios - VAUMUI1

Past Performance - VAUMUI2 as of 31 Dec 2022

Previous Performance Scenarios - VAUMUI2

VanEck Emerging Markets Bond UCITS (Bond Fund)

Sign-up to ReceiveOur Latest Insights

Daily Price as of 26/01/23

Details

Fund Literature

Country Weightings (%) as of 31/12/22

Holdings

Portfolio Weightings (%) as of 31/12/22

Gross CurrencyExposure (%) as of 31/12/22

Currency Exposure (%) as of 31/12/22

Credit Quality Breakdown (%) as of 31/12/22

Past Performance - VAEMBR1 as of 31 Dec 2022

Previous Performance Scenarios - VAEMBR1

Past Performance - VAEMEI2 as of 31 Dec 2022

Previous Performance Scenarios - VAEMEI2

Past Performance - VAEMI1H as of 31 Dec 2022

Previous Performance Scenarios - VAEMI1H

Past Performance - VAUMUI1 as of 31 Dec 2022

Previous Performance Scenarios - VAUMUI1

Past Performance - VAUMUI2 as of 31 Dec 2022

Previous Performance Scenarios - VAUMUI2

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Our Latest Insights

Portfolio Weightings (%)
as of 31/12/22

Gross Currency
Exposure (%)
as of 31/12/22

Currency Exposure (%)
as of 31/12/22

Credit Quality Breakdown (%)
as of 31/12/22