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Disclosure: 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 firmโ€™s drive to identify asset classes and trendsโ€”including gold investing in 1968, emerging markets in 1993, and Exchange Traded Funds in 2006โ€”that subsequently shaped the investment management industry. Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. The firmโ€™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 VanEckโ€™s passive strategies. Since our founding in 1955, putting our clientsโ€™ interests first, in all market environments, has been at the heart of the firmโ€™s mission.