Fund Overview / Key Points
VanEck Vectors Green Bond ETF (GRNB) provides exposure to bonds that fund projects and activities that positively impact the environment. It includes only U.S. dollar-denominated bonds designated as “green” by the Climate Bonds Initiative.
- Green bonds are increasingly being recognized by supranational organizations, banks, corporations and governments as an essential tool to finance climate-related and other environmental projects.
- Most green bonds are structurally identical to “plain vanilla” conventional bonds of the same issuer, with similar yield, duration and credit quality, but are distinguished by a clearly disclosed environmentally friendly use of proceeds.
- The size of the green bond market has increased significantly in recent years, and we believe issuance will scale up massively in a short amount of time to finance the projects needed to help transition to a low carbon economy.
Important Definitions & Disclosures
An investment in the VanEck Vectors® Green Bond ETF (GRNB®) may be subject to risks which include, among others, green bonds, investing in European and emerging market issuers, foreign securities, foreign currency, credit, interest rate, high yield securities, supranational bond, government-related bond, restricted securities, securitized/asset-backed securities, financial, utilities, market, operational, call, sampling, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversified and concentration risks, all of which may adversely affect the Fund.
Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will 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 888.460.6805 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.