GRNB, which marked its one-year anniversary on March 3rd, is the first U.S.-listed ETF to provide investors with targeted exposure to the fast-growing “green” bond market. Green bonds are bonds that finance projects that have a positive impact on the environment. GRNB seeks to track the performance and yield characteristics of the S&P Green Bond Select Index (SPGRNSLT). The index is global in scope and includes only bonds that have been flagged as “green” by the Climate Bond Initiative.
“ESG (environmental, social, and governance) investing has moved to the forefront in recent years as investors are paying close attention not only to the performance of their investments but also to their environmental impact and long-term sustainability,” said William Sokol, Director, ETF Product Management with VanEck. “GRNB allows global bond investors to make an allocation to green bonds in their core bond portfolio without significantly altering their risk and return profile, and we’re thrilled that the fund has been recognized with this these awards.”
GRNB is part of VanEck’s growing lineup of innovative fixed income ETFs, which also includes the $5 billion+ VanEck Vectors® J.P. Morgan EM Local Currency Bond ETF (EMLC®), VanEck Vectors Emerging Markets High Yield Bond ETF (HYEM®), VanEck Vectors High-Yield Municipal Index ETF (HYD®), and ETF.com’s 2017 ETF of the Year, VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL®).
“Over our 50+ year history, VanEck has built a substantial track record as a leader in commodity and emerging markets equity investing. More recently, we have sought to help investors access important opportunities in the global fixed income markets as well, and winning prestigious awards like this from ETF.com two years in a row is a great testament to our efforts and to the reception we’ve received from the marketplace,” added Ed Lopez, Head of ETF Product with VanEck.
The ETF.com Awards – jointly developed by ETF.com and Inside ETFs – recognize the people, products, and companies that are pushing the ETF industry forward and working to generate better results for investors. Winners are selected from a carefully screened list of nominations by a panel of eleven independent experts, including leading financial advisors, ETF strategists and ETF due diligence experts.
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. VanEck Vectors exchange-traded products are one of the largest ETP families in the world, managing more than 70 funds that span a range of sectors, asset classes, and geographies. As of February 28, 2018, VanEck managed approximately $45.9 billion in assets, including mutual funds, ETFs, and institutional accounts.
About ETF.com & Inside ETFs
ETF.com is one of the world's leading authorities on exchange-traded funds. Since 2001, it has delivered clear, independent and authoritative news, analysis and education about ETFs online and in print. The firm's marquee properties are its website, ETF.com, and its print publication, ETF Report.
Inside ETFs is a world leader in ETF education. Through conferences, webinars, roadshows and more, it aims to educate investors about ETFs and increase the fidelity between their investing goals and their realized outcomes. Its marquee event, Inside ETFs, is the largest ETF conference in the world.
An investment in VanEck Vectors Green Bond ETF (GRNB) may be subject to risks which include, among others, credit risk, high yield securities risk, call risk, and interest rate risk, all of which may adversely affect the Fund. International investing involves additional risks which include greater market volatility, the availability of less reliable financial information, higher transactional and custody costs, taxation by foreign governments, decreased market liquidity and political instability. Changes in currency exchange rates may negatively impact the Fund's return. The Fund's assets may be concentrated in a particular sector or region and may be subject to more risk than investments in a diverse group of sectors or regions.
Indices are unmanaged and are not securities in which an investment can be made.
The S&P Green Bond Select Index (the "Index") is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"). Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). VanEck Vectors Green Bond ETF (the "Fund") is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). Neither S&P Dow Jones Indices make any representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to Van Eck Associates Corporation ("VanEck") with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed and calculated by S&P Dow Jones Indices without regard to VanEck or the Fund. S&P Dow Jones Indices has no obligation to take the needs of VanEck or the owners of the Fund into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the Fund or the timing of the issuance or sale of the Fund or in the determination or calculation of the equation by which the Fund is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices have no obligation or liability in connection with the administration, marketing or trading of the Fund. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY VANECK, OWNERS OF THE FUND, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND VANECK, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
Fund shares are not individually redeemable and will be issued and redeemed at their net asset value (NAV) only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results.
Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will generally decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contains this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.
Van Eck Securities Corporation, Distributor
666 Third Avenue
New York, NY 10017