Market Overview

VanEck Announces the Launch of Two New ETFs Powered by Morningstar

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VanEck Vectors Morningstar Durable Dividend ETF (DURA) and VanEck
Vectors Morningstar Global Wide Moat ETF (GOAT) join VanEck's popular
lineup of ETFs leveraging Morningstar Equity Research

VanEck
today announced the launch of two new VanEck Vectors ETFs. Both funds
seek to leverage research from Morningstar's experienced equity research
team.

The VanEck
Vectors Morningstar Durable Dividend ETF (DURA)
seeks to provide
exposure to high dividend yielding U.S. companies with strong financial
health and attractive valuations, according to Morningstar. DURA seeks
to replicate as closely as possible, before fees and expenses, the price
and yield performance of the Morningstar® US Dividend
Valuation IndexSM. The Index leverages Morningstar's
forward-looking fair value assessments as well as its proprietary
quantitative Distance to Default score, which helps target financially
strong companies with a higher probability of sustaining dividend
payments.

"Traditional methods of screening dividend paying companies generally
rely on backward-looking data, such as a company's history or magnitude
of past distributions," said Ed Lopez, Head of ETF Product with VanEck.
"Key features of DURA's index are Morningstar's fair value and financial
health assessments. After years of very low interest rates and ongoing
demand for dividend paying stocks, an important consideration for
investors is making sure not to overpay for yield, and the Distance to
Default metric helps select companies with the lowest probability of
future dividend cuts."

The VanEck
Vectors Morningstar Global Wide Moat ETF (GOAT)
seeks to provide
exposure to global companies with sustainable competitive advantages, or
"wide moats," that are attractively priced according to Morningstar's
estimate of fair value. GOAT seeks to replicate as closely as possible,
before fees and expenses, the price and yield performance of the
Morningstar® Global Wide Moat Focus IndexSM.

"Morningstar's equity research team consists of over 100 analysts
globally and applies one consistent, forward-looking methodology to
their stock analysis," added Lopez.

DURA and GOAT add to VanEck's suite of ETFs featuring stock selection
and valuation methodologies by Morningstar Equity Research, joining VanEck
Vectors Morningstar Wide Moat ETF (MOAT®)
and VanEck
Vectors Morningstar International Moat ETF (MOTI®)
.

DURA has a net expense ratio of 0.29%. GOAT has a net expense ratio of
0.52%1.

About VanEck

VanEck has a history of looking beyond the financial markets to identify
trends that are likely to create impactful investment opportunities. We
were one of the first U.S. asset managers to offer investors access to
international markets. This set the tone for the firm's drive to
identify asset classes and trends – including gold investing in 1968,
emerging markets in 1993, and exchange traded funds in 2006 – that
subsequently shaped the investment management industry.

Today, VanEck offers active and passive strategies with compelling
exposures supported by well-designed investment processes. As of
September 30, 2018, VanEck managed approximately $46.1 billion in
assets, including mutual funds, ETFs, and institutional accounts. The
firm's capabilities range from core investment opportunities to more
specialized exposures to enhance portfolio diversification. Our actively
managed strategies are fueled by in-depth, bottom-up research and
security selection from portfolio managers with direct experience in the
sectors and regions in which they invest. Investability, liquidity,
diversity, and transparency are key to the experienced decision-making
around market and index selection underlying VanEck's passive strategies.

Since our founding in 1955, putting our clients' interests first, in all
market environments, has been at the heart of the firm's mission.

Important Disclosure

1Gross expenses for DURA and GOAT are 0.38% and 0.56%,
respectfully. Expenses for DURA are capped contractually at 0.29% until
February 1, 2020. Expenses for GOAT are capped contractually at 0.52%
until February 1, 2020. Cap excludes acquired fund fees and expenses,
interest expense, trading expenses, taxes and extraordinary expenses.
Expenses are based on estimated amounts for the current fiscal year.

Distance to Default: a structural or contingent claim model that takes
advantage of both market information and accounting financial
information to determine the expectation that default will occur.

Indices are unmanaged and are not securities in which an investment can
be made. Index returns do not reflect a deduction for fees & expenses.

Morningstar Global Wide Moat Focus Index consists of global companies
identified as having sustainable, competitive advantages and whose
stocks are attractively priced.

Morningstar US Dividend Valuation Index is designed to provide exposure
to securities that have high dividend yield, strong financial health,
and attractive uncertainty-adjusted valuation.

The Morningstar® Global Wide Moat Focus IndexSM and
Morningstar® US Dividend Valuation IndexSM were created and
are maintained by Morningstar, Inc. Morningstar, Inc. does not sponsor,
endorse, issue, sell, or promote the VanEck Vectors Morningstar Global
Wide Moat ETF and VanEck Vectors Morningstar Durable Dividend ETF and
bears no liability with respect to the ETFs or any security.
Morningstar® is a registered trademark of Morningstar, Inc. Morningstar®
Global Wide Moat Focus IndexSM and Morningstar® US Dividend
Valuation IndexSM are service marks of Morningstar, Inc.

An investment in the VanEck Vectors Morningstar Durable Dividend ETF
(DURA) may be subject to risks which include, among others, investing in
the consumer staples, energy, health care, and utilities sectors, small
and medium-capitalization companies, equity securities, dividend paying
securities, market, operational, high portfolio turnover, index
tracking, authorized participant concentration, no guarantee of active
trading market, trading issues, passive management, fund shares trading,
premium/discount risk and liquidity of fund shares, non-diversified, and
concentration risks, which may make these investments volatile in price
or difficult to trade.

An investment in the VanEck Vectors Morningstar Global Wide Moat ETF
(GOAT), VanEck Vectors Morningstar Wide Moat ETF (MOAT), VanEck Vectors
Morningstar International Moat ETF (MOTI), (the "Funds") may be subject
to risks which include, among others, investing in the health care,
consumer discretionary, consumer staples, industrials,
telecommunications, information technology, financial services,
medium-capitalization companies, equity securities, market, operational,
high portfolio turnover, index tracking and data, emerging market
issuers, special risk considerations of investing in European and Asian
issuers, depositary receipts, cash transactions, underlying fund, new
fund, market, operational, high portfolio turnover, index tracking,
authorized participant concentration, no guarantee of active trading
market, trading issues, replication management, passive management, fund
shares trading, premium/discount risk and liquidity of fund shares,
non-diversified, and concentration risks, which may make these
investments volatile in price or difficult to trade.
Medium-capitalization companies may be subject to elevated risks.
Foreign investments are subject to risks, which include changes in
economic and political conditions, foreign currency fluctuations,
changes in foreign regulations, and changes in currency exchange rates
which may negatively impact the Fund's returns.

Fund shares are not individually redeemable and will be issued and
redeemed at their net asset value (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. Past performance is no guarantee of
future results.

Investing involves substantial risk and high volatility, including
possible loss of principal. An investor should consider the investment
objective, risks, charges and expenses of the 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.

Van Eck Securities Corporation, Distributor
666 Third Avenue
New
York, NY 10017
800.826.2333

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