The Lonsec Ratings (assigned as follows: VanEck Vectors Gold Miners ETF - October 2020; VanEck Vectors Australian Equal Weight ETF – October 2020; VanEck Vectors MSCI World ex Australia Quality ETF - October 2020; VanEck Vectors Australian Floating Rate ETF - April 2020; VanEck Vectors Australian Resources ETF - October 2020; VanEck Vectors Australian Banks ETF - October 2020; VanEck Vectors FTSE Global Infrastructure (Hedged) ETF - October 2020; VanEck Vectors Morningstar Wide Moat ETF - March 2019; VanEck Vectors Australian Property ETF - October 2020; VanEck Vectors Small Companies Masters ETF - October 2020; VanEck Vectors S&P/ASX MidCap ETF - October 2020; VanEck Vectors Australian Corporate Bond Plus ETF - April 2020; VanEck Vectors MSCI International Sustainable Equity ETF - October 2020; VanEck Vectors MSCI Multifactor Emerging Markets Equity ETF - October 2020; VanEck Vectors China New Economy ETF - October 2020; VanEck Vectors MSCI World ex Australia Quality (Hedged) ETF - October 2020; VanEck Vectors MSCI Australian Sustainable Equity ETF - October 2020; VanEck Vectors FTSE International Property (Hedged) ETF - October 2020) 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 2019; VanEck Vectors Australian Property ETF – October 2019; VanEck Vectors MSCI World ex Australia Quality ETF – October 2019; VanEck Vectors Morningstar Wide Moat ETF – October 2019; VanEck Vectors FTSE Global Infrastructure (Hedged) ETF – October 2019; VanEck Vectors MSCI World ex Australia Quality (Hedged) ETF - October 2019;) 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.
Morningstar ratings are © 2019 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or 'class service' have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at
www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product's future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 ("ASXO").
Morningstar ratings are © 2019 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or 'class service' have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product's future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 ("ASXO").