VanEck Announces Preliminary Yearend Distribution Estimates for VanEck Vectors Equity ETFs

VanEck announced today preliminary yearend distribution estimates for
its VanEck Vectors^® equity exchange-traded funds.

Please note that these yearend estimates were made as of October 31,
2017 based upon the best information available and may be subject to
significant change based on a number of factors, including but not
limited to changes in the number of shares outstanding, changes in
income that may occur prior to record date, and certain tax adjustments
and reclassifications. These factors may also result in some VanEck
Vectors ETFs which currently show no estimated income or capital gain
distributions making a distribution at yearend. VanEck strongly urges
shareholders to consult with their tax adviser regarding the tax
consequences of these distributions. You should not make investment
decisions based on this information.

Distribution estimates will not be provided for ETFs that may
potentially be subject to significant passive foreign investment company
(PFIC) income. Final distribution amounts for these ETFs are expected to
be declared on December 15, 2017 (see tables below).

Due to yearend tax adjustments, the December distributions may be
different than the regular quarterly distributions paid during the year.

About VanEck

VanEck's mission is to offer investors forward-looking, intelligently
designed investment strategies that take advantage of targeted market
opportunities. Founded in 1955, the firm is a pioneer in global
investing with a history of placing clients' interests first in all
market environments. Today, VanEck continues this tradition by offering
innovative active and passive investment portfolios in hard assets,
emerging markets equity and debt, precious metals, fixed income, and
other alternative asset classes. VanEck Vectors exchange-traded products
are one of the largest ETP families in the world, managing more than 70
funds that span a range of sectors, asset classes, and geographies. As
of October 31, 2017, VanEck managed approximately $42.8 billion in
assets, including mutual funds, ETFs, and institutional accounts.

Please call 800.826.2333 or visit vaneck.com
for the most recent month-end performance of VanEck Vectors ETFs. This
information will be available no later than seven business days after
the most recent month end.

The principal risks of investing in VanEck Vectors ETFs include sector,
market, economic, political, foreign currency, world event, index
tracking and non-diversification risks, as well as fluctuations in net
asset value and the risks associated with investing in less developed
capital markets. The assets of some Funds may be concentrated in a
particular sector and may be subject to more risk than investments in a
diverse group of sectors. The Funds may loan their securities, which may
subject them to additional credit and counterparty risk.

Important Disclosures

Passive Foreign Investment Company (PFIC) Income

Several VanEck Vectors ETFs may make investments in non-U.S.
corporations classified as "passive foreign investment companies."
Generally speaking, PFICs are non-U.S. corporations having 50% or more
of their assets invested in cash or securities, or having 75% or more of
their gross income originating from passive sources, including but not
limited to interest, dividends and rents. In other words, these foreign
companies primarily derive their revenue streams from investments
(rather than operations). Please refer to your VanEck Vectors ETF's
Statement of Additional Information (SAI) for further information on
PFICs.

IRS Circular 230 disclosure: VanEck does not provide
legal, tax or accounting advice. Any statement contained in this
communication concerning U.S. tax matters is not intended or written to
be used, and cannot be used, for the purpose of avoiding penalties
imposed on the relevant taxpayer. Shareholders or potential shareholders
of the VanEck Vectors ETFs should obtain their own independent tax
advice based on their particular circumstances.

All registered investment companies, including VanEck Vectors ETFs, are
obliged to distribute portfolio gains to shareholders at yearend
regardless of performance. Trading VanEck Vectors ETFs will also
generate tax consequences and transaction expenses. The information
provided is not intended to be tax advice. Tax consequences of income
distributions may vary by individual taxpayer. There is no guarantee
that income will be paid.

To receive a distribution, you must have been a registered shareholder
of the relevant VanEck Vectors ETFs on the record date. Distributions
are paid to shareholders on the payment date. Past distribution are not
indicative of future distributions.

The "Net Asset Value" (NAV) of an ETF is determined at the close of each
business day, and represents the dollar value of one share of the ETF;
it is calculated by taking the total assets of an ETF subtracting total
liabilities, and dividing by the total number of shares outstanding. The
NAV is not necessarily the same as an ETF's intraday trading value.
Investors should not expect to buy or sell shares at NAV. Total returns
are based upon closing "market price" (price) of the ETF on the dates
listed.

Fund shares are not individually redeemable and will be issued and
redeemed at their NAV only through certain authorized broker-dealers in
large, specified blocks of shares called "creation units" and otherwise
can be bought and sold only through exchange trading. Shares may trade
at a premium or discount to their NAV in the secondary market. You will
incur brokerage expenses when trading Fund shares in the secondary
market.

Investing involves substantial risk and high volatility, including
possible loss of principal. Bonds and bond funds will decrease in value
as interest rates rise. An investor should consider the investment
objective, risks, charges and expenses of a Fund carefully before
investing. To obtain a prospectus and summary prospectus, which contains
this and other information, call 800.826.2333 or visit vaneck.com.
Please read the prospectus and summary prospectus carefully before
investing.

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