Fund Description: VanEck Vectors Israel ETF, formerly Market Vectors Israel 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 Israel ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BlueStar Israel Global Index. INDEX DESCRIPTION: The BlueStar Israel Global Index is comprised of equity securities, which may include depositary receipts, of publicly traded companies that are generally considered by BlueStar Global Investors, LLC, the Index Provider, to be Israeli companies. The Index Provider considers a range of factors such as domicile, country of company formation/founding, primary location of management, operations and/or research and development facilities, tax status, location of revenues and employees, among others, when determining whether a company will be included in the Index. Such companies may include small- and medium-capitalization companies. The Fund may also utilize depositary receipts to seek performance that corresponds to the Fund’s Index. Investments in depositary receipts of Israeli companies whose securities are represented in the Index will count towards satisfaction of the Fund’s 80% investment policy. As of June 6, 2013, the Index included 94 securities. FUND STRATEGY: 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 normally invests at least 80% of its total assets in securities that comprise the Fund’s index. 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. As of the date of this Prospectus, the Index is concentrated in the information technology and health care sectors, and the financial services sector represents a significant portion of the Index. FUND MANAGEMENT: Van Eck Associates Corporation serves as the investment adviser to the Fund.