VanEck MSCI EAFE Analyst Sentiment ETF VEFA Strategy

The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MSCI EAFE Analyst Sentiment Select Index (the “EAFE Sentiment 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 EAFE Sentiment Index is comprised of a subset of stocks from the MSCI EAFE Index (the "Parent Index") universe that exhibit positive analyst sentiment signals. It is non-diversified.