VanEck Vectors Coal ETF (KOL)

Overview

The investment is focused on replicating, as closely as possible before fees and expenses, the price and yield performance of the MVIS® Global Coal Index. This goal is achieved by investing at least 80% of the fund's total assets in securities that make up the fund's benchmark index. The fund targets companies within the global coal industry, aiming for those that derive a minimum of 50% of their revenues from various coal-related operations. It includes activities such as coal production, mining, cokeries, transportation, production of mining equipment, as well as storage and trade. The investment approach is non-diversified, concentrating on the coal sector specifically.

Products and Services

• Securities Investment

  This investment primarily involves putting money into securities that are part of the MVIS® Global Coal Index. These are carefully selected based on the criterion that they belong to companies heavily involved in the coal industry, from production and mining to transportation and trade. The aim is to ensure that the fund's performance closely mirrors that of the coal industry's benchmark index.

• Non-diversified Fund Strategy

  Rather than spreading investments across a wide range of sectors, this fund adopts a non-diversified approach by focusing solely on the coal industry. This strategy is designed to provide investors with a targeted investment option, emphasizing sectors of the economy that rely on coal production and related activities for their revenue.