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 15 Aug 2022

  • NAV1

    5.96
  • Notes Outstanding

    130,000
  • Number of Holdings

    7
  • Base Currency

    USD
  • Net Assets

    $0.8M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    1.50%
  • Fact Sheet
  • Holiday Calendar

Trading Information as of 15 Aug 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 5.88
Day's Move 0.07
Volume 0
30 Day Volume 270
VWAP Volume 0

NAVs as of 15 Aug 2022

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
VSMA USD $5.96 $0.05 / +0.91% -40.44%
1.50

Performance History* (%)

Month End as of 31 Jul 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVSCLEV (Index) 37.17 -39.69 -62.16 -26.35 111.28 -- -- -43.36
Quarter End as of 30 Jun 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVSCLEV (Index) -35.52 -67.22 -72.41 -43.11 68.51 -- -- -58.71
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
MVSCLEV (Index) -- -- -- -- 794.83

Market Makers

Top 10 Holdings (%) as of 31 Jul 2022 View All Holdings »

Total Holdings: 7
Holding Name
Ticker
Number Market Value
(USD)
% of Net
Assets
Ethereum
ETH
123
206,920 29.02
Cardano
ADA
309,149
161,036 22.59
Solana
SOL
3,132
131,628 18.46
Polkadot
DOT
9,118
72,429 10.16
Tron
TRX
873,688
60,850 8.54
Avalanche
AVAX
2,500
59,760 8.38
Algorand
ALGO
62,902
20,786 2.92
Other/Cash
--
--
-473 -0.07
Top 10 Total (%) 100.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.