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VSMA
VanEck Smart Contract Leaders ETN

Product Description

The VanEck Smart Contract Leaders ETN is a fully-collateralized exchange traded note that invests in the largest and most liquid smart contract assets. The note seeks to replicate the value and yield performance of the MVIS® CryptoCompare Smart Contract Leaders VWAP Close Index.

  • Direct exposure to the most liquid smart contract assets in accordance with the custodian specifications applicable and the approvals by the relevant stock exchanges.
  • 100% backed by native tokens and stored in cold storage at a regulated crypto custodian with crypto insurance (up to a limited amount)
  • Tradeable like an ETF on regulated exchanges

 

Risk Factors:
Volatility Risk: The trading prices of many digital assets have experienced extreme volatility in recent periods and may well continue to do so. Digital assets were only introduced within the past decade and regulatory clarity remains elusive in many jurisdictions.
Currency Risk, Technology Risk, Legal and Regulatory Risks



Underlying Index

MVIS CryptoCompare Smart Contract Leaders VWAP Close Index (MVSCLEV Index).

Product Details
 

  • Product Ticker

    VSMA
  • Custodian

    Bank Frick & Co. AG
  • Domicile

    Liechtenstein
  • UCITS Compliant

    No
  • UCITS Eligible

    Yes*
  • Index Ticker

    MVSCLEV
  • Index Provider

    MarketVector Indexes
1The ETNs’ value is determined at 4.00 pm CET of each business day, and represents the value of one note; it is calculated by taking the total assets linked to the ETN, subtracting total liabilities, and dividing by the total number of notes outstanding. The value is not necessarily the same as the ETNs’ intraday trading price. Investors should not expect to buy or sell the ETN at the determined value.

2The date the ETN was launched prior to quotation on the stock exchange.

*This might be seen differently by local regulators in single EU member states and the fund manager is recommended to verify this.

 
as of 06 Dec 2022

  • NAV1

    3.37
  • Notes Outstanding

    170,000
  • Number of Holdings

    7
  • Base Currency

    USD
  • Net Assets

    $0.6M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    1.50%
  • Fact Sheet
  • Holiday Calendar

Trading Information as of 06 Dec 2022

Deutsche
Börse
EUR
Exchange Ticker VSMA
ISIN DE000A3GXNT4
SEDOL BNM7HQ4
Bloomberg VSMA GY
Reuters (RIC) VSMA.DE
Valor --
Bloomberg iNAV VSMAEUIV
Reuters iNAV VSMAEURINAV=SOLA
WKN A3GXNT
Trading Currency EUR
Last Traded Price --
Day's Move --
Volume --
30 Day Volume --
VWAP Volume --

NAVs as of 06 Dec 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
VSMA USD $3.37 $-0.07 / -2.03% -66.31%
1.50

Performance History* (%)

Month End as of 30 Nov 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVSCLEV (Index) -27.59 -30.66 -77.41 -81.76 100.80 -- -- -66.18
Quarter End as of 30 Sep 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVSCLEV (Index) -8.03 8.62 -70.03 -67.86 120.34 -- -- -55.15
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
MVSCLEV (Index) -- -- -- -- 794.83

Market Makers

Top 10 Holdings (%) as of 30 Nov 2022 View All Holdings »

Total Holdings: 7
Holding Name
Ticker
Number Market Value
(USD)
% of Net
Assets
Ethereum
ETH
141
178,374 31.31
Cardano
ADA
415,541
130,668 22.94
Polkadot
DOT
13,754
74,123 13.01
Tron
TRX
1,112,343
60,110 10.55
Solana
SOL
4,380
59,379 10.42
Avalanche
AVAX
3,629
46,523 8.17
Algorand
ALGO
85,885
20,872 3.66
Other/Cash
--
--
-429 -0.08
Top 10 Total (%) 99.98
These are not recommendations to buy or to sell any security. Securities and holdings may vary.