VanEck Lowers Expense Ratio for VanEck Vectors® J.P. Morgan EM Local Currency Bond ETF (EMLC®) and VanEck Vectors® Emerging Markets Aggregate Bond ETF (EMAG®)

NEW YORK–(BUSINESS WIRE)–
VanEck announced today that it is lowering the expense ratio on two
ETFs: VanEck
Vectors J.P. Morgan EM Local Currency Bond ETF (NYSE Arca: EMLC)
and VanEck
Vectors Emerging Markets Aggregate Bond ETF (NYSE Arca: EMAG)
.
Effective June 8, 2018, the expense cap for EMLC will be reduced from
0.42% to 0.30%1, and the expense cap for EMAG will be reduced
from 0.49% to 0.35%2.

EMLC is the largest and most liquid U.S. listed ETF providing access to
emerging markets local currency bonds. It seeks to track the J.P. Morgan
GBI-EMG Core Index (GBIEMCOR), which is comprised of bonds issued by
emerging markets governments and denominated in the local currency of
the issuer.

EMAG is the only U.S. listed ETF that provides comprehensive exposure to
the full emerging markets debt opportunity set. It seeks to track the
MVIS® EM Aggregate Bond Index (MVEMAG), which is comprised of
emerging market sovereign bonds and corporate bonds denominated in U.S.
dollars, euros, or local emerging markets currencies, and includes both
investment grade and below investment grade rated securities.

VanEck regularly evaluates fund expenses to identify opportunities to
lower shareholder costs. VanEck has over 20 years of experience managing
emerging markets debt strategies, and offers a broad suite of both
actively managed and passive solutions that provide access to the asset
class. These latest fee reductions allow investors to benefit from the
potential opportunities emerging markets debt provides within a
portfolio, at a lower cost.

“Emerging markets debt has evolved into an important asset class over
the past several decades, and we believe it warrants a strategic
allocation within investors’ portfolios. It is a diverse asset class
offering multiple opportunities, and offers the potential to provide
significant diversification benefits,” said Fran Rodilosso, Head of
Fixed Income ETF Portfolio Management.

In addition to EMLC and EMAG, VanEck also manages VanEck
Vectors® Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM®)
,
VanEck
Vectors® EM Investment Grade + BB Rated USD Sovereign Bond
ETF (NYSE Arca: IGEM®)
, and VanEck
Vectors® ChinaAMC China Bond ETF (NYSE Arca: CBON®)
,
among other funds. Investors can subscribe to receive commentaries and
other emerging markets debt insights from VanEck by visiting the firm’s website.

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 April
30, 2018, VanEck managed approximately $46 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 Disclosures

1 EMLC’s gross expense ratio is 0.40% and net expense ratio
is 0.30%. Expenses are capped contractually at 0.30% until at least
9/1/19. This cap excludes certain expenses, such as acquired fund fees
and expenses, interest, trading, taxes and extraordinary expenses.

2 EMAG’s gross expense ratio is 1.26% and net expense ratio
is 0.35%. Expenses are capped contractually at 0.35% until at least
9/1/19. This cap excludes certain expenses, such as acquired fund fees
and expenses, interest, trading, taxes and extraordinary expenses.

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) is not
sponsored, endorsed, sold or promoted by J.P. Morgan and J.P. Morgan
makes no representation regarding the advisability of investing in EMLC.
J.P. Morgan does not warrant the completeness or accuracy of the J.P.
Morgan GBI-EMG Core Index. “J.P. Morgan” is a registered service mark of
JPMorgan Chase & Co. © 2018. JPMorgan Chase & Co. All rights reserved.

MVIS® EM Aggregate Bond Index is the exclusive property of MV Index
Solutions GmbH (a wholly owned subsidiary of VanEck Associates
Corporation), which has contracted with Solactive AG to maintain and
calculate the Index. Solactive AG uses its best efforts to ensure that
the Index is calculated correctly. Irrespective of its obligations
towards MV Index Solutions GmbH, Solactive AG has no obligation to point
out errors in the Index to third parties. The VanEck Vectors Emerging
Markets Aggregate Bond ETF is not sponsored, endorsed, sold or promoted
by MV Index Solutions GmbH and MV Index Solutions GmbH makes no
representation regarding the advisability of investing in the Fund.

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.

An investment in the Funds may be subject to risks which include, among
others, credit risk, call risk, interest rate risk, and sovereign
defaults, all of which may adversely affect the Funds. High yield bonds
may be subject to greater risk of loss of income and principal and are
likely to be more sensitive to adverse economic changes than higher
rated securities. International investing involves additional risks
which include greater market volatility, the availability of less
reliable financial information, higher transactional and custody costs,
taxation by foreign governments, decreased market liquidity and
political instability. Changes in currency exchange rates may negatively
impact the Funds’ return. Investments in emerging markets securities are
subject to elevated risks which include, among others, expropriation,
confiscatory taxation, issues with repatriation of investment income,
limitations of foreign ownership, political instability, armed conflict
and social instability. The Funds’ assets may be concentrated in a
particular sector and may be subject to more risk than investments in a
diverse group of sectors.

This article provided by NewsEdge.