Effective on or about March 21, 2014, Market
Vectors® Uranium+Nuclear Energy ETF (NYSE Arca: NLR®) will begin
tracking the Market Vectors® Global Uranium and Nuclear Energy
Index (MVNLRTR). MVNLRTR uses the Market Vectors index methodology that
focuses on investability, diversification, and pure play exposure to the
relative asset class. This methodology is shared by the benchmark
indices of several other Market Vector ETFs, including Agribusiness
(MOO®), Indonesia (IDX®), Junior Gold Miners (GDXJ®), Oil
Services (OIH®), Russia (RSX®), Semiconductor (SMH), and Vietnam
(VNM).
MVNLRTR is a rules based, modified capitalization-weighted,
float-adjusted index that seeks to track the performance of the global
uranium and nuclear energy segment. Similar to other Market Vectors
indices, MVNLRTR is built specifically for ETFs. The Index employs
constituent weighting caps that aim to help diversify the ETF among
names in the global uranium and nuclear energy segment, while extensive
liquidity screens are used to enhance the tradability of the ETF.
Additionally, to create an index that seeks to be representative of the
industry, its rules require that constituents generate at least fifty
percent of their revenues from (or, in certain circumstances, have at
least fifty percent of their assets related to) uranium and nuclear
energy, as defined by the index provider. The constituent names and
weights of every Market Vectors index, including MVNLRTR, are provided
daily on the Market Vectors Index Solutions website: www.marketvectorsindices.com.
MVNLRTR was developed and is published by Market Vectors Index Solutions
GmbH (MVIS), a Germany-based wholly owned subsidiary of Van Eck
Associates Corporation. MVIS develops, markets, and licenses Market
Vectors branded indexes. Detailed information regarding MVIS is
available at www.marketvectorsindices.com.
About Market Vectors
Market Vectors exchange-traded products have been offered since 2006 and
span many asset classes, including equities, fixed income (municipal and
international bonds) and currency markets. The Market Vectors family
totaled $22.6 billion in assets under management, making it the seventh
largest ETP family in the U.S. and tenth largest worldwide as of
November 30, 2013.
Market Vectors ETFs are sponsored by Van Eck Global. Founded in 1955,
Van Eck Global was among the first U.S. money managers helping investors
achieve greater diversification through global investing. Today, the
firm continues this tradition by offering innovative, actively managed
investment choices in hard assets, emerging markets, precious metals
including gold, and other alternative asset classes. Van Eck Global has
offices around the world and managed approximately $31.4 billion in
investor assets as of November 30, 2013.
Disclosures
The Fund is subject to various risks including those associated
with making investments in nuclear energy companies such as restrictive
regulations, accidents, breaches of security, ill-intentioned acts or
terrorism, air crashes, natural disasters, equipment malfunctions or
mishandling in storage, handling, transportation, treatment or
conditioning of substances and nuclear materials. The Fund may loan its
securities, which may subject it to additional credit and counterparty
risk. Please see prospectus for complete risk information.
Fund shares are not individually redeemable and will be issued and
redeemed at their NAV only through certain authorized broker-dealers in
large, specified blocks of shares called “creation units” and otherwise
can be bought and sold only through exchange trading. Creation units are
issued and redeemed principally in kind. Shares may trade at a premium
or discount to their NAV in the secondary market.
Investing involves risk, including possible loss of principal. An
investor should consider the investment objective, risks, and charges
and expenses of the investment carefully before investing. To obtain a
summary prospectus and prospectus, which contain this and other
information, call 888.MKT.VCTR or visit marketvectorsetfs.com. Please
read the summary prospectus and prospectus carefully before investing.
Van Eck Securities Corporation, Distributor,
335 Madison
Avenue, New York, NY 10017
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