New Food ETF filed

VanEck Future of Food ETF
Ticker: TBD
Exchange: TBD
Expense ratio: TBD
Original filing date: May 5, 2021
Effective date: July 19, 2021
Listing Date: TBD
CUSIP: TBD
Active: No
Index / Benchmark: MVIS® [Global Future of Food] Index
 
Investment Objective:
Seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS® [Global Future of Food] Index (the “Index”)
 
Investment Strategy / Index Methodology:
Companies must generate at least 50% of their revenues from agricultural processes and technologies associated with the following areas: agricultural biotechnology, farm equipment, flavors and ingredients, food processing equipment, food safety and tracing solutions, precision agriculture, protein and dairy alternatives, or vertical and urban farming. 
 
Constituents: TBD
 
Adviser: Van Eck Associates Corporation
Sub-Adviser: N/A
Portfolio Managers: 

• Peter H. Liao Portfolio Manager
• Guo Hua (Jason) Jin

Administrator: Van Eck Associates Corporation
Fund accountant: State Street Bank and Trust Company
Transfer agent: State Street Bank and Trust Company
Custodian: State Street Bank and Trust Company
Distributor: Van Eck Securities Corporation
Legal counsel: Dechert LLP
External accounting: TBD

 
Prospectus is here.

MORE ETF HEARSAY

 

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• LinkedIn: Henry Jim
• henry@etfhearsay.com
• Twitter: @ETFhearsay

The Index includes equity securities of companies involved in the agricultural processes and technologies that aim to increase efficiencies in agricultural production and/or provide alternatives to traditional agricultural products. 

To be initially eligible for the Index, companies must generate at least 50% of their revenues from agricultural processes and technologies associated with the following areas: agricultural biotechnology, farm equipment, flavors and ingredients, food processing equipment, food safety and tracing solutions, precision agriculture, protein and dairy alternatives, or vertical and urban farming. 

Such companies may include small- and medium-capitalization companies and foreign market issuers. As of March 31, 2021, the Index included [ ] securities of companies with a market capitalization range of between approximately $[ ] and $[ ] and a weighted average market capitalization of $[ ]. These amounts are subject to change. [The Index is published by MV Index Solutions GmbH (the “Index Provider” or “MVIS”), which is a wholly owned subsidiary of the Adviser]. The Index is reconstituted and rebalanced quarterly.