CRAK Stock, VanEck Vectors Oil Refiners Information

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Oil Refiners Index. The fund normally invests at least 80% of its total assets in securities that comprise the funds benchmark index. The index includes equity securities and depositary receipts of companies that generate at least 50% of their revenues from crude oil refining. Products of these companies may include gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals. The fund is non-diversified.