Fund Description: VanEck Vectors ChinaAMC SME-ChiNext ETF, formerly, Market Vectors ChinaAMC SME-ChiNext ETF, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the VanEck Vectors ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The VanEck Vectors ChinaAMC SME-ChiNext ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the SME-ChiNext 100 Index. INDEX DESCRIPTION: The SME-ChiNext 100 Index is a modified, free-float adjusted index intended to track the performance of the 100 largest and most liquid stocks listed and trading on the Small and Medium Enterprise (SME) Board and the ChiNext Board of the Shenzhen Stock Exchange. Such companies may include small- and medium-capitalization companies. The Index is comprised of China A-shares. A-shares are issued by companies incorporated in the People’s Republic of China (PRC), traded in renminbi (RMB) on the Shenzhen or Shanghai Stock Exchanges and are made available to domestic PRC investors and certain foreign investors that have been approved as a licensed Renminbi Qualified Foreign Institutional Investors (RQFII). FUND STRATEGY: The Fund normally invests at least 80% of its total assets in securities that comprise the Index. The Fund, using a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of securities that generally replicates the Index. The Fund will seek to achieve its investment objective by primarily investing directly in A-shares. Because the Fund does not satisfy the criteria to qualify as a RQFII or QFII itself, the Fund intends to invest directly in A-shares via the A-share quota granted to the Fund’s sub-adviser, China Asset Management (Hong Kong) Limited, who has obtained RQFII status and has been granted an RQFII quota, which the Sub-Adviser will use to invest the portion of the Fund’s assets allocated to it by the Adviser in A-shares. The size of the Fund’s direct investment in A-shares will be limited by the size of the RQFII quota of the Sub-Adviser unless the Fund is able to enter into another sub-advisory agreement with another sub-adviser who has an RQFII quota. Assets not allocated to the Sub-Adviser for investment directly in A-shares will be managed by the Adviser. FUND MANAGEMENT: Van Eck Associates Corporation serves as the adviser to the Fund. China Asset Management (Hong Kong) Limited serves as the sub-adviser to the Fund.