Fund Description: VanEck Vectors Green Bond 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 Green Bond ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S&P Green Bond Select Index. INDEX DESCRIPTION: The S&P Green Bond Select Index is comprised of bonds issued for qualified green purposes and seeks to measure the performance of green-labeled bonds issued globally. Green bonds are bonds whose proceeds are used principally for climate change mitigation, climate adaptation or other environmentally beneficial projects, such as, but not limited to, the development of clean, sustainable or renewable energy sources, commercial and industrial energy efficiency, or conservation of natural resources. The Index is market value-weighted and includes supranational, corporate, government-related, sovereign and securitized green bonds, and may include both investment grade (i.e., BBB-/Baa3 or higher) and below investment grade rated securities. Qualifying securities must have a maturity of at least 24 months at the time of issuance to be included, and have at least one month remaining until maturity at each rebalancing date. 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 Adviser anticipates that, generally, the Fund will hold or gain exposure to all of the securities that comprise the Index in proportion to their weightings in the Index. However, under various circumstances, it may not be possible or practicable to purchase all of those securities in those weightings. In these circumstances, the Fund may purchase a sample of securities in the Index. The Fund is classified as a non-diversified fund and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Index concentrates in an industry or group of industries. The Index was concentrated in the financial services sector and the utilities sector represented a significant portion of the Index. Additionally, securities issued by supranational organizations and government development banks comprised approximately 18.5% and 18.4% of the Index, respectively. FUND MANAGEMENT: Van Eck Associates Corp. serves as the adviser to the Fund.