VanEck iBoxx EUR Sov. Div. 1-10 UCITS ETF

Through a combination of capital growth and income from the Product's assets, the Product seeks to achieve a return on your investment which mirrors the market of euro-denominated investment-grade bonds. The Product seeks to achieve a return on your investment that mirrors the yield of the Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index, the Product's reference index (Index). The Product is passively managed and invests in the underlying (physical) securities that make up the index and does not lend the underlying securities out to third parties. To the extent possible and practically feasible, the Product aims to invest in fixed-income securities that are part of the Index and which meet its credit rating requirements. If the credit ratings of the fixed-income securities are downgraded, the Product can continue to hold these securities until they are no longer included in the Index and it is practically feasible to sell them. The Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index consists of approximately 25 of the largest and most liquid euro denominated government bonds with a remaining term to maturity of 1.25 to 10.5 years. The index only includes investment grade bonds with an outstanding amount of at least 2 billion euros. In addition to all the fixed-income securities included in the reference index, the Product can also invest in other fixed-income securities that offer a return comparable to that of certain securities from the index. This policy is in the investor's interest and ensures that the yield of the Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index is replicated as closely as possible. Income from the Product's investments is paid out as dividend. There is the possibility of dividend 4 times per year, but the amount of the dividend to be paid out must also be considered. It may be the case that the income from the coupon is relatively low in a particular quarter, which means that from a cost perspective, it makes more sense

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No