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  • Market Vectors® Egypt Index ETF (EGPT)

  •  
    EGPT_Icon_NEW2


    The Market Vectors® Egypt Index ETF (EGPT) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Egypt Index (    MVEGPTTR). MVEGPTTR is a rules-based, modified capitalization-weighted, float-adjusted index intended to give investors exposure to Egypt.

     

  • Details

    Fund | Additional Information

     

    Fact Sheet PDF
    As of February 04, 2012

    Fund Ticker
    EGPT
    ISIN
    US57060U5487
    Intraday NAV (IIV)
    EGPT.IV
    Index Ticker
    MVEGPTTR
    Exchange
    NYSE Arca
    Commencement Date
    02/16/2010


    Gross Expense Ratio *
    4.14%
    Net Expense Ratio *
    0.94%
    Options
    Expected
    AUM
    $46.1MM
    * Expenses for the Fund are capped contractually at 0.94% until 05/01/2012. Cap excludes certain expenses, such as interest.
    As of December 31, 2011
    Index Ticker
    MVEGPTTR
    Index Inception Date
    12/03/2009
    Currency
    USD
    Fund Price/Earning Ratio
    6.72
    Fund Price/Book Ratio
    0.81
    Fund Avg. Weighted Market Cap
    $1751.5 MM
    52 Week High/Low
    947.53 / 557.63

  • Fund Prices

     

    as of February 03, 2012
    TICKERNAV/
    Last Price    		VolumeDaily Change NAV/
    Last Price    		YTD Change NAV/
    Last Price    		Premium/
    Discount    		Premium/
    Discount Distribution    		NAV Price History

    Premium-Discount    		Expense Ratio*
    Gross/Net
    Egypt Index ETFEGPT $11.98
    $12.22         		7,900
    $0.05
    +0.4%

    $0.08
    +0.7%
    		+ 24.2%
    + 29.2%
    		$0.24
    2%     		Chart Export 4.14/0.94

  • Performance History (%)

    Fund

    All Funds | All Indices

    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    MVEGPTTR
    		-10.33-13.32-51.75-51.75n.a.n.a.n.a.-33.18
    FUND/NAV-10.69-12.42-49.84-49.84n.a.n.a.n.a.-31.95
    FUND/Share Price-12.38-11.75-51.70-51.70n.a.n.a.n.a.-32.61
    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    MVEGPTTR
    		-10.33-13.32-51.75-51.75n.a.n.a.n.a.-33.18
    FUND/NAV-10.69-12.42-49.84-49.84n.a.n.a.n.a.-31.95
    FUND/Share Price-12.38-11.75-51.70-51.70n.a.n.a.n.a.-32.61
    *Commencement date: 02/16/2010
    †Annualized
    The performance quoted represents past performance. Past performance is no guarantee of future results. Performance information for the Market Vectors ETFs reflects temporary waivers of expenses and/or fees. Had the Market Vectors ETFs incurred all expenses, investment returns would have been reduced. The investment return and value of shares of Market Vectors ETFs will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. The "Net Asset Value" (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Market Vectors ETF investors should not expect to buy or sell shares at NAV.

    As of December 31, 2011
    		LIFE*1MO3MO6 MOYTD1YR3YR†5 YR†10YR†
    INDEX
    MVEGPTTR
    		-33.18%-10.33%-13.32%-35.24%-51.75%-51.75%n.a.%-33.18%n.a.%
    As of December 31, 2011
    		LIFE*1MO3MO6 MOYTD1YR3YR†5 YR†10YR†
    INDEX
    MVEGPTTR
    		-33.18%-10.33%-13.32%-35.24%-51.75%-51.75%n.a.%n.a.%n.a.%
    *Commencement date: 12/03/2009
    †Annualized
    The performance quoted represents past performance. Past performance is no guarantee of future results. Performance may be lower or higher than performance data quoted.

  • Top 10 Holdings

    Fund | Index

     

    As of February 03, 2012 |TOTAL CONSTITUENTS: 29
    Holding
    Shares
    Market Value (USD)
    % of net assets
    Orascom Construction Industries ORSD LI95,3213,860,501
    8.37%
    Orascom Telecom Holding Sae OTLD LI1,107,0113,683,298
    7.99%
    Commercial Intl COMI EY855,4273,248,729
    7.05%
    Telecom Egypt ETEL EY1,150,3312,840,029
    6.16%
    Talaat Moustafa Group TMGH EY3,762,5532,507,402
    5.44%
    Egyptian Kuwaiti Holding Co EKHO EY2,300,5512,490,986
    5.40%
    National Societe Generale Bank Sae NSGB EY519,9602,339,059
    5.07%
    Transglobe Energy Corp TGL CN229,2622,328,901
    5.05%
    Efg-Hermes HRHO EY1,141,2342,181,992
    4.73%
    Egyptian Co For Mobile Services EMOB EY116,5312,083,921
    4.52%
    As of February 06, 2012 |TOTAL CONSTITUENTS: 27
    Holding
    Weighting
    ORASCOM CONSTRUCTION-GDR ORSD
    8.58%
    ORASCOM TELECOM-GDR REG S OTLD
    8.02%
    COMMERCIAL INTERNATIONAL BAN COMI EY
    7.14%
    TELECOM EGYPT ETEL EY
    6.28%
    T M G HOLDING TMGH EY
    5.67%
    EGYPTIAN KUWAITI HOLDING CO EKHO EY
    5.58%
    TRANSGLOBE ENERGY CORP TGL
    5.18%
    NATIONAL SOCIETE GENERAL NSGB
    5.17%
    EFG-HERMES HOLDING SAE HRHO EY
    4.84%
    MOBINIL-EGYPTIAN MOBILE SERV EMOB EY
    4.68%
  • Ticker:- EGPT;false;MVEGPT;

  • Fund Sector Breakdown

    Fund

     

    As of December 31, 2011
    Financials38.2%
    Telecommunication Services19.6%
    Materials13.4%
    Industrials12.4%
    Energy9.8%
    Consumer Staples4.1%
    Consumer Discretionary2.4%

  • Fund Market Capitalization

    Fund

     

    As of December 31, 2011
    LARGE (>5.0B)8.6%
    MEDIUM (1.0 - 5.0B)45.0%
    SMALL (<1.0B)46.4%
  •  

    Important Disclosure 

    The Fund is subject to a high degree of risk, including those associated with less reliable financial information, higher costs, taxation, decreased liquidity, less stringent reporting, and foreign currency risks.  Special risks particular to Egypt investments include expropriation, political instability, economic impacts of armed conflict, civil war and severe social instability, less developed capital markets, lower market capitalization, lower trading volume, illiquidity, inflation, greater price fluctuations, uncertainty regarding the existence of trading markets, politically controlled access to trading markets, unsettled securities laws, and trade barriers.  Investors should be willing to accept a high degree of volatility and the potential of significant loss. The Fund may loan its securities, which may subject it to additional credit and counterparty risk.

    Market Vectors Egypt Index (the “Index”) is the exclusive property of Market Vectors Index Solutions GmbH (a wholly owned subsidiary of the Adviser), which has contracted with Structured Solutions AG to maintain and calculate the Index. Structured Solutions AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards Market Vectors Index Solutions GmbH, Structured Solutions AG has no obligation to point out errors in the Index to third parties.

    Market Vectors Index Solutions GmbH does not sponsor, endorse or promote Market Vectors Egypt Index ETF and makes no representation regarding the advisability of investing in the Fund.

    Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

    The “Net Asset Value” (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF’s intraday trading value.  Market Vectors ETF investors should not expect to buy or sell shares at NAV.

    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. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

    Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus , which contains this and other information, call 888.MKT.VCTR or visit vaneck.com/etf. Please read the prospectus and summary prospectus carefully before investing.

    Not FDIC Insured — No Bank Guarantee — May Lose Value     

    Van Eck Securities Corporation, Distributor
    335 Madison Avenue, 19th Floor
    New York, NY 10017
    800.826.2333