Net Asset Value(s)

The table reports NAV data dated 2026-11-04 for VanEck funds. VanEck AEX UCITS ETF lists a net asset value of 448,987,010.50 and NAV per share of 113.9915; Multi-Asset Balanced lists 42,528,140.78 and 78.3207, while Multi-Asset Growth lists 34,867,273.03 and 94.2359. The final fund entry is incomplete.

Analysis

This is a routine prior-day NAV disclosure, not a fundamental catalyst. It does not provide holdings, market prices, returns, flows, or enough information to assess whether any fund is trading at a premium or discount; the final row is also incomplete. The immediate signal is therefore operational rather than directional. For the AEX and multi-asset funds, the relevant market mechanism is any divergence between exchange price and NAV, especially if liquidity or underlying-market hours differ—not the reported NAV level by itself. Over the next 1–3 months, holdings and flow data would be needed to identify exposure changes or persistent creation/redemption pressure. There is no supported 6–18 month thesis here. The disclosure would become actionable only if confirmed pricing gaps, unusual flows, or material portfolio changes emerged. Treat the truncated row as a data-quality issue to verify, not evidence of a fund event.

Key Decisions for Investors

• No directional trade on this disclosure alone; it contains no return, valuation, or holdings information.
• Check exchange prices against the published NAVs and monitor bid-ask spreads and trading volume for any persistent premium/discount before considering an ETF-specific position.
• Verify the missing details in the final row and obtain holdings and flow data; do not infer exposure or fund identity from the incomplete entry.
• Reassess only if follow-up data show sustained dislocations, unusual creations/redemptions, or a material change in portfolio exposure.