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MAAX is based on a proprietary model that uses momentum, duration and
credit risk indicators to tactically allocate among selected VanEck
Vectors
® municipal bond ETFs.

NEW YORK–(BUSINESS WIRE)–VanEck
today announced the launch of the VanEck
Vectors® Municipal Allocation ETF (MAAX)
, the latest
addition to the firm’s suite of Guided
Allocation
funds.

MAAX is designed around a proprietary model that uses momentum, along
with both duration and credit risk indicators, to tactically allocate
among selected VanEck
Vectors® Municipal Bond ETFs
. VanEck’s Municipal Bond ETF
suite covers the full range of the risk/return spectrum, and currently
includes five VanEck Vectors® Municipal Bond ETFs which had a
combined total of approximately $5 billion in assets as of April 30,
2019.

“By combining technical indicators with certain traditional fixed income
risk factors, it is possible to build a clearer picture of the risk
profile of the overall municipal bond market,” said Ed Lopez, Head of
ETF Product at VanEck. “For investors looking for both tax-exempt income
and enhanced risk-adjusted total returns, MAAX could be a compelling way
to approach the municipal bond market. We’re very pleased to be
launching this fund and adding to both our Guided Allocation and
Municipal Bond ETF families.”

MAAX has a low management fee of 0.08% and a total expense ratio of
0.36% (including AFFEs) and joins VanEck’s suite of Guided Allocation
strategies, which includes the VanEck
Managed Allocation Fund (NDRMX®),
VanEck
Vectors® Real Asset Allocation ETF (RAAX®)
and
the VanEck
Vectors® NDR CMG Long/Flat Allocation ETF (LFEQ®)
.

About VanEck

VanEck has a history of looking beyond the financial markets to identify
trends that are likely to create impactful investment opportunities. We
were one of the first U.S asset managers to offer investors access to
international markets. This set the tone for the firm’s drive to
identify asset classes and trend-including gold investing in 1968,
emerging markets in 1993, and exchange traded funds in 2006- that
subsequently shaped the investment management industry.

Today, VanEck offers active and passive strategies with compelling
exposures supported by well-designed investment processes. As of April
30, 2019, VanEck managed approximately $47.3 billion in assets,
including mutual funds, ETFs, and institutional accounts. The firm’s
capabilities range from core investment opportunities to more
specialized exposures to enhance portfolio diversification. Our actively
managed strategies are fueled by in-depth, bottom-up research and
security selection from portfolio managers with direct experience in the
sectors and regions in which they invest. Investability, liquidity,
diversity, and transparency are key to the experienced decision-making
around market and index selection underlying VanEck’s passive strategies.

Since our founding in 1955, putting our clients’ interests first, in all
market environments, has been at the heart of the firm’s mission.

Important Disclosures

An investment in the VanEck Vectors® Municipal Allocation ETF
(MAAXTM) Fund may be subject to risks which include, fund of
funds risk, high portfolio turnover, model and data risks, management,
operational, authorized participant concentration and absence of prior
active market risks, trading issues, market, fund shares trading,
premium/discount and liquidity of fund shares and non-diversified risks.
The fund may be subject to following risks as a result of investing in
Exchange Traded Products including municipal securities, credit, high
yield securities, tax, interest rate, call, state concentration and
sector concentration risks. Municipal bonds may be less liquid than
taxable bonds. There is no guarantee that a Funds’ income will be exempt
from federal, state or local income taxes, and changes in those tax
rates or in alternative minimum tax (AMT) rates or in the tax treatment
of municipal bonds may make them less attractive as investments and
cause them to lose value. Capital gains, if any, are subject to capital
gains tax. A portion of the dividends you receive may be subject to AMT.

An investment in the VanEck
Managed Allocation Fund (NDRMX®),
VanEck
Vectors® Real Asset Allocation ETF (RAAX®)
and
the VanEck
Vectors® NDR CMG Long/Flat Allocation ETF (LFEQ®)
.
“The Funds” may be subject to risks which include, among others, fund of
funds risk which may subject the Funds to investing in commodities,
gold, natural resources companies, MLPs, real estate sector,
infrastructure, equities securities, small- and medium-capitalization
companies, foreign securities, emerging market issuers, foreign
currency, credit, high yield securities, interest rate, call and
concentration risks, all of which may adversely affect the Funds. The
Funds may also be subject to affiliated fund, U.S. Treasury Bills,
subsidiary investment, commodity regulatory, tax, liquidity, gap, cash
transactions, emerging markets, investment style, small-, medium- and
large-capitalization companies, high portfolio turnover, model and data,
management, operational, authorized participant concentration, absence
of prior active market, trading issues, market, fund shares trading,
premium/discount and liquidity of fund shares, and non-diversified
risks. The Funds’ assets may be concentrated in a particular sector and
may be subject to more risk than investments in a diverse group of
sectors. You can lose money by investing in the Funds. Any investment in
a Fund should be part of an overall investment program rather than a
complete program

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 Funds carefully before
investing. To obtain a prospectus and summary prospectus for 
VanEck
Funds
 and VanEck
Vectors ETFs
, which contains this and other information,
call 800.826.2333 or visit 
vaneck.com.
Please read the prospectus and summary prospectus carefully before
investing for 
VanEck
Funds
 and VanEck
Vectors ETFs
.

Van Eck Securities Corporation, Distributor
666 Third Avenue
New
York, NY 10017
800.826.2333

Contacts

Mike MacMillan/Chris Sullivan
MacMillan Communications
212-473-4442
[email protected]