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VEGI

Food ETF
VanEck Sustainable Future of Food UCITS ETF

VEGI

Food ETF
VanEck Sustainable Future of Food UCITS ETF

ISIN: IE0005B8WVT6 copy-icon

Fund Description

The VanEck Sustainable Future of Food UCITS ETF invests in the food producers pioneering the sustainable foods of tomorrow. As the global population grows and climate change accelerates, they are boosting the productivity of agriculture while cutting its carbon footprint. As they do so, they’re improving animal welfare. A single trade in our ETF buys a portfolio diversified across the following sectors:

  • NAV
    $20.30

    as of 07 May 2024
  • YTD RETURNS
    5.52%

    as of 07 May 2024
  • Total Net Assets
    $6.7 million

    as of 07 May 2024
  • Total Expense Ratio
    0.45%
  • Inception Date
    24 Jun 2022
  • SFDR Classification
    Article 9

Overview

Fund Description

The VanEck Sustainable Future of Food UCITS ETF invests in the food producers pioneering the sustainable foods of tomorrow. As the global population grows and climate change accelerates, they are boosting the productivity of agriculture while cutting its carbon footprint. As they do so, they’re improving animal welfare. A single trade in our ETF buys a portfolio diversified across the following sectors:

  • Meat replacement products and other alternative proteins
  • Food flavoring businesses aiming to improve the flavor of artificial meat
  • High precision agriculture that improves productivity
  • Organic food companies


Risk Factors: Foreign currency risk, industry or sector concentration risk, risk of investing in smaller companies, risk of investing in the food industry. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

MVIS® Global Future of Food ESG Index (MVFOFTR)

Fund Highlights

  • Meat replacement products and other alternative proteins
  • Food flavoring businesses aiming to improve the flavor of artificial meat
  • High precision agriculture that improves productivity
  • Organic food companies


Risk Factors: Foreign currency risk, industry or sector concentration risk, risk of investing in smaller companies, risk of investing in the food industry. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

MVIS® Global Future of Food ESG Index (MVFOFTR)

Performance

Holdings

Portfolio

Literature

Index

Index Description

The MVIS® Global Future of Food ESG Index tracks the overall performance of the largest and most liquid companies offering products and services related to meat and dairy alternatives, organic foods, food flavors, or innovative agriculture technologies.

Index Key Points

Underlying Index
MVIS® Global Future of Food ESG Index (MVFOFTR)

The Index Composition:

The MVIS Global Future of Food ESG Index (MVFOFTR) tracks the performance of the largest and most liquid companies offering products and services related to meat and dairy alternatives, organic foods, food flavors, or innovative agriculture technologies. MVFOFTR covers at least 90% of the investable universe and adheres to ESG criteria.

Companies initially eligible for inclusion in Index:

  • Companies involved in food and agricultural technology, organic foods, or food companies that display high standards in food waste, food safety or environmental impact
  • This includes companies with at least 50% (25% forcurrent components) of their revenues from the following sub-themes:
    1. Plant-Based or Cultured Meat, Protein or Dairy alternatives;
    2. Vertical or Urban Farming - this includes agricultural companies that grow crops vertically, in greenhouses or specialize in localized farming;
    3. Precision Agriculture - this includes irrigation and smart water grid equipment, greenhouse equipment, or autonomous/robotic farming or agriculture-related equipment but excludes agricultural chemicals and plant seeds;
    4. Food Flavors and Functional Ingredients; or
    5. Organic or Health Foods - this includes packaged foods, or agricultural products but excludes meat, poultry, fish or vitamins.
  • In addition companies that meet certain ESG standards related to food and agriculture sustainability and safety are also included.
  • Companies with at least 50% of their revenues from sectors defined above
  • Market capitalization greater than $150 million
  • Three-month average daily turnover greater than $1 million
  • Minimum trading volume of 250,000 shares each month over last 6 months
  • Company weightings are capped at 8%.

 

Index provider:
MVIS