Marketing Communication

SMH VanEck
Semiconductor UCITS ETF
Fund Details Fund Description 30 November 2023
Base Currency USD The VanEck Semiconductor UCITS ETF (SMH) is a UCITS-compliant
Inception Date 01 December 2020 exchange-traded fund that invests in a portfolio of equity securities with
Domicile Ireland the aim of providing investment returns that closely track the performance
of the MVIS® US Listed Semiconductor 10% Capped Index (MVSMCTR).
Net Assets $1112.6M
The MVIS® US Listed Semiconductor 10% Capped Index tracks the
Shares Outstanding 37,000,000
overall performance of companies involved in semiconductor production
Total Expense Ratio 0.35% and equipment.
Product Structure Physical (Full
Replication)
Performance History* (%)
UCITS Compliant Yes
ETF
Rebalance Frequency Semi-Annually Month End as of 30 Nov 2023 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR INCEPTION
Distribution Frequency None ETF 15.58 3.97 55.96 40.79 -- -- -- 14.75
Income Treatment Reinvestment MVSMCTR (Index) 15.61 4.03 56.29 41.08 15.73 30.96 24.21 14.98
Swiss Valor 57720860
Performance quoted represents past performance. Current performance may be lower or higher than average
ISA Eligibility Yes annual returns shown. Discrete performance shows 12 month performance to the most recent Quarter end for
each of the last 5yrs where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd
SIPP Available Yes
year' shows the previous 12 month period and so on.
Countries of AT, CH, DE, DK, ES, FI,
Performance data for VanEck ETFs is displayed on a Net Asset Value basis, in Base Currency terms, with net
Registration FR, IE, IT, LU, NL, NO,
income reinvested, net of fees. Brokerage or transaction fees will apply.
PL, PT, SE, UK

Top 10 Holdings
Index Information
BROADCOM INC 10.16%
Index Provider MarketVector Indexes
GmbH TAIWAN SEMICONDUCTOR MANUFACTURING CO L 10.10%

Index Type Total Return Net ASML HOLDING NV 9.83%

Currency USD NVIDIA CORP 9.52%

Inception Date 13 Aug 2020 ADVANCED MICRO DEVICES INC 7.90%

Rebalance Semi-Annually INTEL CORP 7.46%

Frequency QUALCOMM INC 5.74%
Bloomberg Ticker MVSMCTR TEXAS INSTRUMENTS INC 5.46%
Reuters Ticker -- APPLIED MATERIALS INC 4.57%
LAM RESEARCH CORP 3.78%
Fund Data
SUBTOTAL - TOP 10 74.53%
Number of Holdings 25
REMAINING HOLDINGS 25.42%
Price/Earnings Ratio* 27.94
OTHER/CASH 0.05%
Price/Book Ratio* 5.64
TOTAL 100.00%
Weighted Avg. MCap USD 297.3B
For a complete up-to-date listing of Fund holdings, please visit www.vaneck.com
* Last 12 Months

Country Breakdown
United States 75.47%
Netherlands 11.67%
Taiwan Region 10.10%
Bermuda 1.46%
Switzerland 1.24%
Other/Cash 0.05%
 Marketing Communication

SMH VanEck
Semiconductor UCITS ETF
Trading Information 30 November 2023

TRADING EXCHANGE BLOOMBERG REUTERS IOPV

EXCHANGE CURRENCY ISIN TICKER TICKER TICKER SEDOL SYMBOL
LONDON STOCK EXCHANGE USD IE00BMC38736 SMH SMH LN SMH.L BMC3873 SMHUSIV
LONDON STOCK EXCHANGE GBP IE00BMC38736 SMGB SMGB LN SMGB.L BLN9ZL6 SMHUSIV
DEUTSCHE BÖRSE EUR IE00BMC38736 VVSM VVSM GY VVDE -- VVSMEUIV
SIX SWISS EXCHANGE CHF IE00BMC38736 SMHV SMHV SE SMHV.S -- SMHUSIV
BORSA ITALIANA EUR IE00BMC38736 SMH SMH IM SMH.MI -- VVSMEUIV

Key Risks
Liquidity Risk: Liquidity risks exist when a particular financial instrument is difficult to purchase or sell. If the relevant market is illiquid, it may not be
possible to initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all.
Equity Market Risk: The prices of the securities in the ETF are subject to the risks associated with investing in the securities market, including general
economic conditions and sudden and unpredictable drops in value. Thus, an investment in this ETF may lose money.
Industry or Sector Concentration Risk: The ETF's assets may be concentrated in one or more particular sectors or industries. SMH may be subject
to the risk that economic, political or other conditions that have a negative effect on the relevant sectors or industries will negatively impact its
performance to a greater extent than if its assets were invested in a wider variety of sectors or industries.
For more information on risks, please see the “Risk Factors” section of the relevant ETF’s prospectus, available on www.vaneck.com.

IMPORTANT INFORMATION
This is a marketing communication. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.
This information originates from VanEck (Europe) GmbH, which has been appointed as distributor of VanEck products in Europe by the Management Company VanEck
Asset Management B.V., a UCITS Management Company incorporated under Dutch law and registered with the Dutch Authority for the Financial Markets (AFM). VanEck
(Europe) GmbH, with registered address at Kreuznacher Str. 30, 60486 Frankfurt, Germany, is a financial services provider regulated by the Federal Financial Supervisory
Authority in Germany (BaFin). The information is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal
or tax advice. VanEck (Europe) GmbH and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or
retention decision taken by the investor on the basis of this information. Information herein may change at any time; current data may differ from data quoted. Information
provided by third party sources is believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Brokerage or
transaction fees may apply.
VanEck Asset Management B.V., the management company of VanEck Semiconductor UCITS ETF (the "ETF"), a sub-fund of VanEck UCITS ETFs plc, is a UCITS
management company incorporated under Dutch law registered with the Dutch Authority for the Financial Markets (AFM). The ETF is registered with the Central Bank of
Ireland, passively managed and tracks an equity index. Investing in the ETF should be interpreted as acquiring shares of the ETF and not the underlying assets.
Investors must read the sales prospectus and key investor information before investing in a fund. These are available in English and the KIDs in certain other languages as
applicable and can be obtained free of charge at www.vaneck.com or from the Management Company.
MVIS® US Listed Semiconductor 10% Capped ESG Index is the exclusive property of MarketVector Indexes GmbH (a wholly owned subsidiary of Van Eck Associates
Corporation), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated
correctly. Irrespective of its obligations towards MarketVector Indexes GmbH (“MarketVector”), Solactive AG has no obligation to point out errors in the Index to third
parties. The VanEck Semiconductor UCITS ETF (the “ETF”) is not sponsored, endorsed, sold or promoted by MarketVector and MarketVector makes no representation
regarding the advisability of investing in the ETF.
All performance information is based on historical data and does not predict future returns.
Note: no guarantee can be provided that the fund will attain its objective. Investing is subject to risk, including the possible loss of principal.
No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck.
The IOPV is calculated by S&P Global Ltd.
© VanEck (Europe) GmbH