VanEck Gold Miners ETF

The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector™ Global Gold Miners Index (the “Gold Miners Index” or the “Index”). The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index is a modified capitalization weighted, float-adjusted index comprised of publicly traded companies primarily involved in the gold and silver mining industry. The fund is non-diversified.