VanEck UCITS ETFs Plc Shareholder Notice

 
TIDMGDXJ 
 
This Notice is sent to you as Shareholder of the Fund. It is important and 
requires your immediate attention. If you are in any doubt as to the action to 
be taken, you are advised to consult your stockbroker, solicitor or attorney, 
accountant or other independent financial adviser. If you have sold or otherwise 
transferred your holding in the Fund, please send at once this document to the 
stockbroker or other agent through whom the sale or transfer was effected for 
transmission to the purchaser or transferee. Where appropriate, please pass the 
contents of this communication on to the beneficial investors of the Fund. 
 
This Notice has not been reviewed by the Central Bank of Ireland (the "Central 
Bank"), and it is possible that changes thereto may be necessary to meet the 
Central Bank's requirements. The Directors are of the opinion that there is 
nothing contained in this Notice or in the proposals detailed herein that 
conflicts with the CBI UCITS Regulations, the guidance issued by, and the 
regulations of, the Central Bank. The Directors accept responsibility for the 
information contained in this Notice. 
 
Capitalised terms used in this notice shall have the same meaning ascribed to 
them in the latest version of the Prospectus unless the context otherwise 
requires. 
 
LETTER FROM THE BOARD TO THE SHAREHOLDERS OF VANECK JUNIOR GOLD MINERS UCITS ETF 
(THE "FUND") 
 
VanEck UCITS ETFs plc 
 
REGISTERED OFFICE 
 
33 Sir John Rogerson's Quay 
 
Dublin 2 
 
D02 XK09 
 
Ireland 
 
(A company incorporated with limited liability as an open-ended investment 
company with variable capital under the laws of Ireland with registered number 
548554) 
 
Directors: Jonathan R. Simon, Bruce J. Smith, Adam Phillips, Mary Canning, Jon 
Lukomnik, Adrian Waters, Gijsbert Koning, 
 
24 May 2023 
 
Dear Shareholder, 
 
This letter is to inform you on behalf of the board of directors of the Company 
(the "Directors") about recent developments in respect of the Fund. 
 
Fund and issued share class details 
 
+-------------------------------------------------+------------+ 
|Share Class Name                                 |ISIN        | 
+-------------------------------------------------+------------+ 
|VanEck Junior Gold Miners UCITS ETF (USD) Class A|IE00BQQP9G91| 
+-------------------------------------------------+------------+ 
 
Changes to the Index Methodology 
 
The methodology of the index which the Fund tracks, the MVIS® Global Junior Gold 
Miners Index (the "Index"), will change as follows; 
 
  · The Index review and rebalance will take place in March and September. The 
Index will rebalance in June and December. 
  · Following weighting strategy will apply: The top 5 Index components by float 
market capitalization will get 7%, 6.5%, 6%, 5.5%, and 5% and all of the Index 
components below the top 5 will be capped at 4.5% based on their float market 
capitalization. 
  · At each review and rebalance of the Index (i.e. in March and September), the 
top 5 index components will be recorded. At each rebalance of the Index (i.e. in 
June and December), the top 5 companies from the previous review of the Index 
will receive the same weights (namely, 7%, 6.5%, 6%, 5.5%, and 5%), and all the 
rest of the Index components will be capped at 4.5% based on their float market 
capitalization. 
  · At an rebalance of the Index, in case a component from the top 5 does not 
exist anymore, the biggest Index component by float market capitalization which 
is not in the top 5 will be moved up in rank. For example, if the biggest Index 
component is acquired, the second biggest Index component will be the biggest 
and the rest will also move up by one rank where 6 biggest in rank will be the 5 
biggest. The biggest Index component which is not in the top 5 will be 
determined based on market data on Wednesday before the second Friday of June 
and December. 
 
The changes will take effect on 16 June 2023. 
 
The Supplement of the Fund will be amended accordingly in due course and will be 
available to Shareholders free of charge. 
 
Full details of the methodology can be found at https://marketvector.com/index 
-guides. 
 
Should you wish to redeem your shareholding as a result of the changes, you may 
do so in accordance with the dealing provisions outlined in the Prospectus. 
 
If you have any queries, concerning the matters outlined in this Notice, please 
contact your local agent, or (if none) VanEck at the registered address provided 
above or at international@vaneck.com. 
 
Yours faithfully, 
 
The Directors 
 
VanEck UCITS ETFs plc 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END
(END) Dow Jones Newswires
May 24, 2023 08:43 ET (12:43 GMT)
Gdxj A (LSE:GDXJ)
Historical Stock Chart
From Oct 2024 to Nov 2024