VanEck Vectors Video Gaming and eSports UCITS ETF A USD

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VanEck Vectors Video Gaming and eSports UCITS ETF A USD
The Fund's investment objective is to replicate, before fees and expenses, the price and yield performance of the MVIS Global Video Gaming and eSports Index (the Index). In order to seek to achieve its investment objective, the Manager will normally use a replication strategy by investing directly in the underlying equity securities of the Index, being the stock, American depository receipts (ADRs), and global depository receipts (GDRs). Such equity securities must be issued by companies who generate at least 50% of their revenues from video gaming and/or eSports listed or traded on the Markets referred to in Appendix II of the Prospectus. However, where the Fund already holds such equity securities and the percentage of revenue generated falls, the Manager will only seek to dispose of the security when the percentage of revenue generated from video gaming and/or eSports as outlined earlier drops below 25%.