Fund Description: The VanEck Vectors Multi-Asset Balanced Allocation UCITS ETF is a UCITS-compliant exchange-traded fund that invests in a portfolio of equity and bond securities with the aim of providing investment returns that closely track the performance of the Multi-Asset Balanced Allocation Index.
Index Description: The Multi-Asset Balanced Allocation Index is composed of different indices with the following weights:
- 40% Solactive Global Equity Index
- 10% GPR Global 100 Index
- 25% Markit iBoxx EUR Liquid Corporates Index
- 25% Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index
The exposure to equities and bonds will be achieved through direct investments. In total approximately 400 positions are held.
Management Style: Replication