VanEck Treasury Fund

The VanEck Treasury Fund aims to maintain a stable value of $1 per token while distributing daily accrued dividends as new tokens directly to investors' wallets. The Fund primarily invests in cash, U.S. Treasury bills, and repurchase agreements, focusing on earning yield for token holders through these investments. It restricts its portfolio to securities with maturities of 397 days or less, maintaining a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average life of 120 days or less.

In addition to direct investments, the Fund may also allocate assets to pooled investment vehicles managed by third-party firms, which invest in similar securities. The Fund has the flexibility to include stablecoins and yield-bearing digital assets, treating them as cash equivalents for investment strategies. While the Fund seeks to preserve its value at $1.00 per share, there are no guarantees for achieving this investment objective, and potential investors should be aware of the risks involved.