VanEck Agribusiness ETF

VanEck Agribusiness ETF is an exchange-traded fund that provides global equity exposure to companies whose primary business is agribusiness, such as agri-chemicals, fertilizers, seeds, farm machinery, and agricultural products. The ETF trades under the symbol VEFA on the Hamburg Stock Exchange as an off-exchange/local listing of the US-domiciled VanEck Agribusiness ETF. ## Fund objective and strategy VanEck Agribusiness ETF seeks to track the MVIS Global Agribusiness Index, which is designed to reflect the performance of companies deriving at least about half of their revenues from agribusiness activities across the value chain. The fund uses a passive, index-tracking approach and invests primarily in global equities, spanning materials, industrials, and consumer staples sectors tied to agriculture. ## Key characteristics The ETF is US-domiciled (ISIN US92189F7006) and originally trades in the US under the ticker MOO, with additional listings such as VEFA on European venues including Hamburg. It offers diversified exposure across countries like the United States, Germany, Japan, Canada, Norway, China, and others, reflecting the global nature of the agribusiness sector. ## Sector and country exposure Sector allocations are concentrated in consumer staples, materials, industrials, and health care, all linked to agricultural production, inputs, and related services. Country weights are dominated by the United States, followed by developed and emerging markets with significant agribusiness industries, such as Germany, Japan, Canada, Norway, China, Brazil, and Malaysia. ## Hamburg listing and trading On the Hamburg Stock Exchange, VEFA represents the same underlying agribusiness ETF, typically traded in euros, with prices reflecting the underlying US-listed fund adjusted for currency and local market conditions. Trading in Hamburg generally occurs via electronic systems associated with the exchange, with prices influenced by reference markets like the main listing venue and, where applicable, systems such as LS Exchange that link to primary market prices. ## MOO vs VEFA identifiers The core ETF is VanEck Agribusiness ETF with primary US ticker MOO and ISIN US92189F7006, while VEFA is a secondary trading symbol used on the Hamburg Stock Exchange for investors transacting locally in Germany. Both tickers provide exposure to the same underlying index and portfolio; differences relate mainly to trading venue, currency, and local market conventions rather than to the fund’s investment objective or holdings.