VanEck Announces Revised Net Asset Value Information for the VanEck Africa Index ETF

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NEW YORK–(BUSINESS WIRE)–VanEck announces that the Net Asset Value (NAV) per share of the VanEck Africa Index ETF (Exchange: NYSE Arca, Inc.) has been restated as shown below:

ETF name

Teleprinter

Original NAV 08/10/2022

ANR restated 08/10/2022

To change (%)

VanEck Africa Index ETF

AFC

$18,2038

$17.8893

-1.73%

This value differs from the previously published NAV. The net asset value adjustment results from an error in calculating the net asset value of the VanEck Africa Index ETF.

About VanEck

VanEck is accustomed to looking beyond the financial markets to identify trends that can create impactful investment opportunities. We were one of the first US asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including investing in gold in 1968, emerging markets in 1993 and exchange-traded funds in 2006 – which went on to shape the investment management industry.

Today, VanEck offers active and passive strategies with attractive exposures supported by well-designed investment processes. As of July 31, 2022, VanEck managed approximately $70.8 billion in assets, including mutual funds, ETFs and institutional accounts. The firm’s capabilities range from basic investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are powered by in-depth bottom-up research and stock selection by portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity and transparency are essential to experienced decision-making regarding the selection of markets and indices underlying VanEck’s passive strategies.

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

Important Disclosures

An investment in AFK may be subject to risks which include, but are not limited to, investment in African issuers, South African issuers, foreign securities, emerging and frontier market issuers, currencies, representative certificates, basic materials sector, communication services sector, financial sector, small – and mid caps, cash transactions, equity securities, market, operational, index tracking, concentration of authorized participants, no market guarantees of active trading, trading problems, passive management, trading of fund units, risk of premium/discount and liquidity of fund units and concentration risks, all of which may have an adverse effect on the Fund. Investments in foreign and border markets are subject to risks, including changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, changes in exchange rates, unstable governments, restrictions on foreign ownership and limited trading capacity which can make such investments price volatile or difficult to trade. Small and mid capitalization companies can be exposed to high risks.

Investing involves substantial risks and high volatility, including possible loss of capital. An investor should carefully consider a Fund’s investment objective, risks, charges and expenses before investing. To obtain a prospectus and a summary of the prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and simplified prospectus carefully before investing.

©️ Van Eck Securities Corporation, Distributor, 100% subsidiary of Van Eck Associates Corporation


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