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    Egypt Index ETF (EGPT)

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    EGPT_Icon_NEW2

    The Egypt Index ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Egypt Index.

    The Market Vectors Egypt Index is a rules-based, modified capitalization-weighted, float-adjusted index intended to give investors exposure to Egypt.

     

  • Details

    Fund | Index

     

    Fact Sheet PDF
    As of August 31, 2010

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


    Gross Expense Ratio *
    1.06%
    Net Expense Ratio *
    0.94%
    Options
    Expected
    AUM
    $5.4MM
    * Expenses for the fund are capped contractually at 0.94% until 05/01/2011. Cap excludes certain expenses, such as interest.
    As of June 30, 2010
    INCEPTION DATE
    12/03/2009
    CURRENCY
    USD
    PRICE/EARNING RATIO
    16.01
    PRICE/BOOK RATIO
    2.32
    MARKET CAP
    $42.1 B
    52 WEEK HIGH/LOW
    n.a. / n.a.

  • Prices

     

    As of September 01, 2010
    TICKERNAV/
    Last Price    		VolumeDaily Change NAV/
    Last Price    		YTD Change NAV/
    Last Price    		Premium/
    Discount    		Premium/
    Discount Distribution    		Price HistoryExp. Ratio*
    Gross/Net
    Egypt Index ETFEGPT $18.49
    $18.20         		100
    $0.39 + 2.2%

    $0 + 0.0%
    		n/a
    n/a
    		$-0.30
    -1.62%     		Chart Export 1.06/0.94

  • Performance History (%)

    Fund

    All Funds | All Indices

    As of July 31, 2010
    		1MO3MOYTD1YR3YR5 YR†10YRLIFE*
    INDEX
    MVEGPTTR
    		3.28-16.33n.a.n.a.n.a.n.a.n.a.-13.77
    FUND/NAV3.47-17.54n.a.n.a.n.a.n.a.n.a.-14.54
    FUND/Share Price1.94-16.68n.a.n.a.n.a.n.a.n.a.-13.08
    As of June 30, 2010
    		1MO3MOYTD1YR3YR5 YR†10YRLIFE*
    INDEX
    MVEGPTTR
    		6.14-14.57n.a.n.a.n.a.n.a.n.a.-13.16
    FUND/NAV-17.40-4.50-16.06n.a.n.a.n.a.n.a.-17.40
    FUND/Share Price-2.56-13.13n.a.n.a.n.a.n.a.n.a.-14.73
    *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 reflect current 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.

    As of July 31, 2010
    		LIFE*1MO3MO6 MOYTD1YR3YR5 YR†10YR
    INDEX
    MVEGPTTR
    		-13.77%3.28%-16.33%n.a.n.a.n.a.n.a.n.a.n.a.
    As of June 30, 2010
    		LIFE*1MO3MO6 MOYTD1YR3YR5 YR†10YR
    INDEX
    MVEGPTTR
    		-13.16%6.14%-14.57%.00%n.a.n.a.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 September 01, 2010 |TOTAL CONSTITUENTS: 28
    Holding
    Shares
    Market Value (USD)
    % of net assets
    Orascom Construction Industries OCIC EY11,026500,407
    9.02%
    Commercial International Bank Egypt SAE COMI EY61,436423,778
    7.64%
    Orascom Telecom Holding SAE ORTE EY435,825415,133
    7.48%
    Talaat Moustafa Group TMGH EY252,869329,770
    5.94%
    Egyptian Financial Group-Hermes Holding HRHO EY57,570300,094
    5.41%
    Egyptian Kuwaiti Holding Co EKHO EY193,216296,429
    5.34%
    Centamin Egypt Ltd CEY LN104,674293,095
    5.28%
    Telecom Egypt ETEL EY93,025281,019
    5.07%
    Citadel Capital Corp/Cairo CCAP EY224,588272,580
    4.91%
    ElSwedy Cables Holding Co SWDY EY21,433254,606
    4.59%
    As of September 01, 2010 |TOTAL CONSTITUENTS: 27
    Holding
    % of net assets
    ORASCOM CONSTRUCTION INDS EGS65901C018
    9.00%
    COMMERCIAL INTERNATIONAL BAN EGS60121C018
    7.62%
    ORASCOM TELECOM HOLDING EGS74081C018
    7.45%
    T M G HOLDING EGS691S1C011
    5.93%
    EFG-HERMES HOLDING SAE EGS69101C011
    5.40%
    EGYPTIAN KUWAITI HOLDING CO EGS69082C013
    5.35%
    CENTAMIN EGYPT LTD AU000000CNT2
    5.33%
    TELECOM EGYPT EGS48031C016
    5.07%
    CITADEL CAPITAL CORP/CAIRO EGS73541C012
    4.91%
    ELSWEDY CABLES HOLDING CO EGS3G0Z1C014
    4.59%
  • Ticker:- EGPT;false;MVEGPT;

  • Key Features

    Fund | Index

     

    Nation's First ETF Focused Exclusively on Egypt

    convenient access to the third-largest economy in Africa*

    Strong Historical GDP Growth

    Egypt's real economic growth averaged 4.9% annually since 2000 and 6.3% for the three years ending 12/31/09*

    Index Provides All-Cap Exposure

    with mid-cap tilt (as of 1/31/10)

    Convenient Way to Customize International Exposure

    complement traditional foreign exposure with investments beyond mainstream emerging markets

      

    *Source: IMF
    The Index comprises:

    At least 25 companies (and not more than 75) targeting coverage of 90% of the free-float market capitalization of the investable universe.

    Companies eligible for inclusion in Index:
    • Predominantly*, companies domiciled and primarily listed in Egypt, or generating at least 50% of their revenues in Egypt;
    • Market cap exceeding $150 million;
    • Three-month average daily trading volume of at least $1 million;
    • Minimum trading volume of 250,000 shares each month over last 6 months.

    *In exceptional cases, companies with less than 50% of their revenues derived from Egypt may be eligible for inclusion in the Index.

    Index provider:

    4asset-management  

     

  • Index Sector Breakdown

    Index

     

    As of June 30, 2010
    Financials46.7%
    Telecommunication Services16.8%
    Materials16.3%
    Industrials14.9%
    Energy3.0%
    Consumer Discretionary2.3%

  • Index Market Capitalization

     

    As of June 30, 2010
    LARGE (>5.0B)8.5%
    MEDIUM (1.0 - 5.0B)60.3%
    SMALL (<1.0B)31.2%
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    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 4asset-management GmbH, 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 4asset-management GmbH, Structured Solutions AG has no obligation to point out errors in the Index to third parties.

    4asset-management 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.

    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 risk, including possible loss of principal. An investor should consider investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus contains this and other information.  Please read the prospectus carefully before investing.

    Not FDIC Insured — No Bank Guarantee — May Lose Value

    Van Eck Securities Corporation, Distributor