Funds Group: Van Eck
Management Company: Van Eck Associates Corporation
Funds Affected: VanEck Vectors Environmental Services ETF, (2) VanEck Vectors Global All Energy ETF (3) VanEck Vectors Green Bond ETF
Principal Sustainable Investment Strategy: Thematic Investing
(1) The fund seeks to replicate the investment performance results of the NYSE Arca Environmental Services Index that is comprised of common stocks and American depositary receipts (ADRs) of companies involved in the environmental services industry. The index is comprised of companies that engage in business activities that may benefit from the global increase in demand for consumer waste disposal, removal and storage of industrial by-products, and the management of associated resources and includes securities of companies that are involved in management, removal and storage of consumer waste and industrial by-products and related environmental services, including waste collection, transfer and disposal services, recycling services, soil remediation, wastewater management and environmental consulting services. Such companies may include small- and medium-capitalization companies.
(2) The fund seeks to replicate the investment performance results of the Ardour Global Index that consists of stocks of companies is composed of companies engaged in the business of alternative energy. Such companies may include small- and medium-capitalization companies and foreign issuers. Alternative energy refers to the generation of power through environmentally friendly, non traditional sources. It includes power derived principally from bio-fuels (such as ethanol), bio mass, wind, solar, hydro and geothermal sources and also includes the various technologies that support the production, use and storage of these sources.
(3) The fund invest in green bonds. Benchmark: S&P Green Bond Index. Assets invested in green bonds globally, including developed and emerging markets. Green bonds must be labelled as green and the bond must be flagged by the Climate Bond Initiative (CBI).