Europe ETF
VanEck Sustainable European Equal Weight UCITS ETF
Europe ETF
VanEck Sustainable European Equal Weight UCITS ETF
Fund Description
The VanEck Sustainable European Equal Weight UCITS ETF invests in 100 of the most liquid, highly capitalised (free float) companies from European industrialised nations that comply with the UN Global Compact Principles for responsible corporate behavior. Additionally, it excludes sectors that do not follow responsible business practices, including: alcohol, animal testing, military, weapons, gambling, pornography, tobacco, nuclear power.
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NAV€76.18
as of 05 Nov 2024 -
YTD RETURNS12.81%
as of 05 Nov 2024 -
Total Net Assets€53.2 million
as of 05 Nov 2024 -
Total Expense Ratio0.40%
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Inception Date01 Oct 2014
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SFDR ClassificationArticle 8
Overview
Fund Description
The VanEck Sustainable European Equal Weight UCITS ETF invests in 100 of the most liquid, highly capitalised (free float) companies from European industrialised nations that comply with the UN Global Compact Principles for responsible corporate behavior. Additionally, it excludes sectors that do not follow responsible business practices, including: alcohol, animal testing, military, weapons, gambling, pornography, tobacco, nuclear power.
- Sustainable, exclusion-based investing in line with the UN Global Compact Principles
- Equally weighted, diversified exposure to European companies with a maximum weighting of 20% per country
- Backed by sustainability intelligence from VE, part of Moody’s ESG solutions
Main Risk Factors: Foreign currency risk, equity market risk, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the
KIDand the Prospectus for other important information before investing.
Underlying Index
Solactive European Equity Index GTR (TGLOTETR)
Fund Highlights
- Sustainable, exclusion-based investing in line with the UN Global Compact Principles
- Equally weighted, diversified exposure to European companies with a maximum weighting of 20% per country
- Backed by sustainability intelligence from VE, part of Moody’s ESG solutions
Risk Factors: Foreign currency risk, equity market risk, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the
KIDand the Prospectus for other important information before investing.
Underlying Index
Solactive European Equity Index GTR (TGLOTETR)
Capital Markets
VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdfPerformance
Holdings
Portfolio
Distributions
Literature
Index
Index Description
The Solactive European Equity Index tracks the performance of a selection of the top 100 shares from European developed markets. It is an equally weighted index with a 20% country cap.
Index Key Points
Underlying Index
Solactive European Equity Index GTR (TGLOTETR)
Index composition
The (general) criteria below apply to the (composition of the) Solactive European Equity Index:
- First shares are selected with a primary stock-market listing in developed European countries, as described in the ‘Solactive European Equity Index Guideline’;
- Exclusively ordinary and preferred shares and Depositary Receipts are eligible;
- Limited Partnerships are excluded;
- Exclusively shares with semi-annual average trading volume of EUR 10 million per day are eligible;
- Only the most liquid listing for each company is eligible;
- The 100 largest shares are then selected based on free float market capitalisation;
- On the Pool of Stocks resulting from above an ESG sustainability screening is applied based on indications from Vigeo EIRIS. This screening is based on the ten principles of the UN Global Compact as well as specific exclusions related to controversial sectors
- The Index is equally weighted on the reweighting date, after that the weighting can vary due to price fluctuations;
- The Index has an annual reconstitution and is rebalanced at the same time on the fourth Tuesday of March so that the 100 shares are again equally weighted. Shares can also be added or removed. If this is not a Trading Day, the reweighting takes place on the next Trading Day;
- In addition to the annual Index reweighting and reconstitutiton, there is a quarterly index review, where the composition of the Index is screened for any ESG sustainability breaches. The review date is the last Trading Day of May, August and November. The effective date is the third Tuesday of June, September and December; and
- For each country, the weighting in the Index is capped at 20% at the moment of reweighting.
Index Provider
Solactive