Stock Splits of Two VanEck Global ETFs

03 September 2021

Martijn Rozemuller

CEO – Europe

On 8 October 2021, The VanEck Global Equal Weight UCITS ETF and the VanEck Sustainable World Equal Weight UCITS ETF are joining forces. Through this merger, you will get the best of both worlds; the low cost (0.20%) of one and the sustainability selection of the other.

Why this merger?

We are working to make our ETF offering more and more sustainable. Until now, ongoing charges have been different (in principle 0.30% versus 0.20%), now the combination of the two leads to economies of scale and can therefore pass this on to our customers and thus offer a sustainable ETF for 0.2%.

How does it work?

First of all – after the amendment of the “Articles of Association” has been approved at the General Meeting of Shareholders – a share split of both ETFs will take place after the close of trading on 8 September. Among other things, this brings the Net Asset Values (NAVs) of both ETFs closer together. The Net Asset Value per VanEck Global Equal Weight UCITS ETF is halved, but you will own twice as many. The Net Asset Value per VanEck Sustainable World Equal Weight UCITS ETF is divided by four, but you will own four times as many. Bottom line, therefore, nothing changes for you.

It is important to report that the final exit option for participants is on 1 October. The merger will be completed on 8 October. The exchange ratio between the two ETFs will be determined on the basis of the Net Asset Values.

For further details, please refer to the information document on the forthcoming merger available on our website. The full legal document can be found here.

Important Disclosure

This is a marketing communication for professional investors only. Please refer to the UCITS prospectus and to the Key Investor Information Document (KIID) before making any final investment decisions. This information originates from VanEck Securities UK Limited (FRN: 1002854), an Appointed Representative of Sturgeon Ventures LLP (FRN: 452811), who is authorised and regulated by the Financial Conduct Authority in the UK. The information is intended only to provide general and preliminary information to FCA regulated firms such as Independent Financial Advisors (IFAs) and Wealth Managers. Retail clients should not rely on any of the information provided and should seek assistance from an IFA for all investment guidance and advice. VanEck Securities UK Limited and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information. The views and opinions expressed are those of the author(s) but not necessarily those of VanEck. Opinions are current as of the publication date and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results. Information provided by third party sources is believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Brokerage or transaction fees may apply.

All performance information is based on historical data and does not predict future returns. Investing is subject to risk, including the possible loss of principal.

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