SUPPLEMENT DATED MARCH 12, 2018 TO THE
STATEMENT OF ADDITIONAL INFORMATION
OF VANECK VECTORS ETF TRUST
Dated April 1, 2017
(as supplemented)
This Supplement updates certain information contained in the above-dated Statement of Additional Information (“SAI”) for VanEck Vectors® ETF Trust (the “Trust”) regarding VanEck Vectors High Income MLP ETF and VanEck Vectors High Income Infrastructure MLP ETF (each, a “Fund” and collectively, the “Funds”), each a series of the Trust. You may obtain copies of the Funds’ Statement of Additional Information free of charge, upon request, by calling toll-free 1.800.826.2333 or by visiting the VanEck website at www.vaneck.com.
Effective March 12, 2018, George Chao was replaced as a portfolio manager for the Funds by Guo Hua (Jason) Jin. Accordingly, the SAI is supplemented as follows:
1. | The information respecting George Chao in the “Management – Other Accounts Managed by the Portfolio Managers” section of the SAI is hereby deleted in its entirety and replaced with the following: |
As of the date indicated below, Messrs. Jin and
Liao managed the following other accounts:
Name of Portfolio Manager |
Other Accounts Managed (As of December 31, 2017) |
Accounts with respect to which the advisory fee is based on the performance of the account | |||
Category of Account | Number of Accounts in Category | Total Assets in Accounts in Category | Number of Accounts in Category | Total Assets in Accounts in Category | |
Guo Hua (Jason) Jin | Registered investment companies | 0 | $0 | 0 | $0 |
Other pooled investment vehicles | 0 | $0 | 0 | $0 | |
Other accounts | 0 | $0 | 0 | $0 |
Although the funds in the Trust that are managed by Messrs. Jin and Liao may have different investment strategies, each has an investment objective of seeking to replicate as closely as possible, before fees and expenses, the price and yield performance of its respective underlying index. The Adviser does not believe that management of the various accounts presents a material conflict of interest for Messrs. Jin and Liao or the Adviser.
2. | The information respecting George Chao in the “Management – Portfolio Manager Share Ownership” section of the SAI is hereby deleted in its entirety. Additionally, the following is added as the last sentence of the “Management – Portfolio Manager Share Ownership” section of the SAI. |
As of December 31, 2017, Mr. Jin did not own any Shares of the Funds.
Please retain this supplement for future reference.