VanEck European Sovereign Diversified 1-10 Years ETF

The VanEck European Sovereign Diversified 1-10 Years ETF is a physically replicated, UCITS-compliant exchange-traded fund designed to provide exposure to euro-denominated government bonds issued by Eurozone countries. Its primary objective is to closely track the performance of the Markit iBoxx EUR Liquid Sovereign Diversified 1-10 Index, which comprises approximately 25 of the most liquid investment-grade government bonds with remaining maturities between one and ten years. By focusing on short- to medium-term maturities, the fund offers a balance between interest rate sensitivity and income stability, making it relevant for investors seeking access to high-quality sovereign debt. The ETF features a low total expense ratio and distributes income on a quarterly basis. Its portfolio includes bonds issued by core Eurozone countries, with issuer and country weights capped to promote diversification and limit concentration risk. The fund serves an important role in the European fixed income market by offering a low-cost, transparent, and diversified tool for managing interest rate exposure and accessing the perceived relative safety of Eurozone governments' creditworthiness.