DUBLIN--(BUSINESS WIRE)--VanEck Investments Ltd. announces the listing of four VanEck Vectors UCITS Exchange Traded Funds (ETFs) on the Bolsa Mexicana de Valores – VanEck Vectors J.P. Morgan EM Local Currency Bond UCITS ETF (Ticker: EMLC; ISIN: IE00BDS67326), VanEck Vectors Gold Miners UCITS ETF (Ticker: GDX; ISIN: IE00BQQP9F84), VanEck Vectors Junior Gold Miners UCITS ETF (Ticker: GDXJ; ISIN: IE00BQQP9G91) and VanEck Vectors Morningstar US Wide Moat UCITS ETF (Ticker: MOAT; ISIN: IE00BQQP9H09). All four funds are denominated in US dollar and trade in Mexican Pesos. The focus is on the listing and trading of depositary receipts. Income for VanEck’s UCITS ETFs is reinvested, thus dividend withholding tax does not apply.
“Since launching our first UCITS ETF in 2015, we have seen increasing investor interest in Mexico”, said Eduardo Escario, Regional Director at VanEck. “The listing of our UCITS ETFs in Mexico is an important milestone for our ETF business worldwide, and we are pleased to offer Mexican investors a choice between UCITS and US-domiciled ETFs for EMLC, GDX, GDXJ, and MOAT.”
- The VanEck Vectors J.P. Morgan EM Local Currency Bond UCITS ETF tracks the J.P. Morgan GBI-EMG Core Index (Ticker: GBIEMCOR) which is designed to provide exposure to bonds issued in local currencies by emerging markets governments. The J.P. Morgan GBI-EMG Core Index is composed of a selection of bonds issued in local currencies by 17 emerging markets governments: Argentina, Brazil, Chile, Colombia, Czech, Hungary, Indonesia, Malaysia, Mexico, Peru, Philippines, Poland, Romania, Russia, Thailand, Turkey, South Africa and Uruguay. The index is market-cap weighted, with individual country exposure capped at 10 percent and a minimum exposure of 3 percent to provide more country diversification. The index is rebalanced monthly. EMLC is the fourth UCITS ETF offered under the VanEck Vectors brand.
- GDX provides exposure to the global gold mining sector through investment in large-, mid- and small-capitalization companies, while GDXJ invests in mid-, small- and micro-capitalization mining companies.
- MOAT is the only ETF in Europe providing exposure to U.S. companies with a Morningstar® Economic Moat™ rating of ‘wide’. The underlying Morningstar index is based on the concept of economic moats - long-term structural advantages that allow a company to withstand competition. Since 2007, the S&P 500 has generated a total return of 132 percent. In the same period, the Morningstar Wide Moat Focus Index achieved a return of 236 percent, almost 105 percentage points above the S&P 500 (Data as of 28 November 2017).
About VanEck
VanEck’s mission is to offer investors forward-looking, intelligently designed investment strategies that take advantage of targeted market opportunities. Founded in 1955, the firm is a pioneer in global investing with a history of placing clients’ interests first in all market environments. Today, VanEck continues this tradition by offering innovative active and passive investment portfolios in hard assets, emerging markets equity and debt, precious metals, fixed income, and other alternative asset classes.
