VANECK VECTORS INDONESIA SMALLCAP ETF (IDXJ) Exchange: NYSE ARCA

DELISTED - The Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. The Indonesia Small-Cap Index includes securities of Indonesian micro- and small-capitalization companies. A company is generally considered to be an Indonesian company if it is incorporated in Indonesia or is incorporated outside of Indonesia but generates at least 50% of its revenues (or, in certain circumstances, has at least 50% of its assets) in Indonesia. As of December 31, 2015, the Indonesia Small-Cap Index included 26 securities of companies with a market capitalization range of between approximately $110 million and $550 million and a weighted average market capitalization of $310 million. These amounts are subject to change. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders. The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Indonesia Small-Cap Index by investing in a portfolio of securities that generally replicates the Indonesia Small-Cap Index. The Fund is classified as a non-diversified fund and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Indonesia Small-Cap Index concentrates in an industry or group of industries. As of December 31, 2015, the Fund was concentrated in the financial services sector, and each of the energy and industrials sectors represented a significant portion of the Indonesia Small-Cap Index.