The Lonsec Ratings (assigned as follows: VanEck Vectors Gold Miners ETF - January 2018; VanEck Vectors Australian Equal Weight ETF – September 2017; VanEck Vectors MSCI World ex Australia Quality ETF - January 2018; VanEck Vectors Australian Floating Rate ETF - October 2018; VanEck Vectors Australian Resources ETF - September 2017; VanEck Vectors Australian Banks ETF - September 2017; VanEck Vectors FTSE Global Infrastructure (Hedged) ETF - January 2018; VanEck Vectors Morningstar Wide Moat ETF - March 2019; VanEck Vectors Australian Property ETF - September 2017; VanEck Vectors S&P/ASX Franked Dividend ETF - September 2017; VanEck Vectors Small Companies Masters ETF - September 2017; VanEck Vectors S&P/ASX MidCap ETF - September 2017; VanEck Vectors Australian Corporate Bond Plus ETF - October 2018) presented in this document are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Ratings are limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold VanEck products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria.
For further information regarding Lonsec's Ratings methodology, please refer to our website at:
http://www.lonsecresearch.com.au/research-solutions/our-ratings
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned as follows VanEck Vectors Australian Equal Weight ETF – October 2018; VanEck Vectors Australian Property ETF – October 2018; VanEck Vectors MSCI World ex Australia Quality ETF – October 2018; VanEck Vectors Morningstar Wide Moat ETF – October 2018; VanEck Vectors FTSE Global Infrastructure (Hedged) ETF – October 2018;) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at http://www.zenithpartners.com.au/RegulatoryGuidelines.