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    RVE Hard Assets Producers ETF (HAP)

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    HAP_icon_NEW

    HAP seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the RogersTM-Van Eck Hard Assets Producers Index, a rules-based index which gives investors a means of tracking the performance of a global universe of listed companies engaged in the production and distribution of hard assets and related products and services.
    PDF Investment Case for Hard Assets 

    PDF RVEIT Comparative Index Information  

  • Details

     

    As of August 31, 2010

    Fund Ticker
    HAP
    Intraday NAV (IIV)
    HAP.IV
    Index Ticker
    RVEIT
    Exchange
    NYSE Arca
    Commencement Date
    08/29/2008


    Gross Expense Ratio *
    0.98%
    Net Expense Ratio *
    0.65%
    Options
    Available
    AUM
    $129.1MM
    * Expenses for the fund are capped contractually at 0.65% until 05/01/2011. Cap excludes certain expenses, such as interest.
    As of June 30, 2010

    INCEPTION DATE
    06/16/2008
    CURRENCY
    USD
    PRICE/EARNING RATIO
    15.7
    PRICE/BOOK RATIO
    1.71
    MARKET CAP
    $4.4 B
    52 WEEK HIGH/LOW
    3745.13 / 2940.15
  • Prices

     

    As of September 03, 2010
    TICKERNAV/
    Last Price
    VolumeDaily Change NAV/
    Last Price
    YTD Change NAV/
    Last Price
    Premium/
    Discount
    Premium/
    Discount Distribution
    Price HistoryExp. Ratio*
    Gross/Net
    RVE Hard Assets Producers ETFHAP $32.64
    $32.56
    4,805
    $0.31 + 1.0%

    $0.22 + 0.7%
    - 2.8%
    - 3.4%

    $-0.08
    -0.25%
    Chart Export 0.98/0.65
  • Ticker:- HAP;false;RVEI;
  • Performance History (%)

    As of July 31, 2010
    1MO3MOYTD1YR3YR5 YR†10YRLIFE*
    INDEX
    RVEIT
    10.22-6.75-7.227.57n.a.n.a.n.a.-10.99
    FUND/NAV10.65-6.39-7.157.20n.a.n.a.n.a.-11.24
    FUND/Share Price10.81-6.79-7.577.13n.a.n.a.n.a.-11.29
    As of June 30, 2010
    1MO3MOYTD1YR3YR5 YR†10YRLIFE*
    INDEX
    RVEIT
    -4.63-4.63-15.824.68n.a.n.a.n.a.-16.05
    FUND/NAV-16.46-4.77-16.68-16.083.75n.a.n.a.-16.46
    FUND/Share Price-4.91-17.15-16.593.11n.a.n.a.n.a.-16.58
    *Commencement date: 08/29/2008
    †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
    RVEIT
    -10.99%10.22%-6.75%-.57%-7.22%7.57%n.a.n.a.n.a.
    As of June 30, 2010
    LIFE*1MO3MO6 MOYTD1YR3YR5 YR†10YR
    INDEX
    RVEIT
    -16.05%-4.63%-4.63%n.a.-15.82%4.68%n.a.n.a.n.a.
    *Commencement date: 06/16/2008
    †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

     

    As of September 03, 2010 |TOTAL CONSTITUENTS: 307
    Holding
    Shares
    Market Value (USD)
    % of net assets
    Potash Corp of Saskatchewan Inc POT US54,8428,144,037
    6.01%
    Exxon Mobil Corp XOM US100,2016,188,311
    4.57%
    Monsanto Co MON US100,9815,633,730
    4.16%
    Deere & Co DE US78,6365,396,789
    3.98%
    Syngenta AG SYNN VX17,5104,193,888
    3.10%
    Archer-Daniels-Midland Co ADM US119,0263,826,644
    2.82%
    Chevron Corp CVX US42,8403,372,294
    2.49%
    BHP Billiton Ltd BHP AU78,8082,761,836
    2.04%
    Total SA FP FP50,0872,505,702
    1.85%
    BP PLC BP/ LN400,7272,483,881
    1.83%
    As of September 03, 2010 |TOTAL CONSTITUENTS: 308
    Holding
    % of net assets
    Potash Corp Of Saskatchewan Inc POT UN
    6.05%
    Exxon Mobil Corp XOM UN
    4.56%
    Monsanto Co MON UN
    4.18%
    Deere & Co DE UN
    4.01%
    Syngenta Ag SYNN VX
    3.11%
    Archer-Daniels-Midland Co ADM UN
    2.83%
    Chevron Corp CVX UN
    2.48%
    Bhp Billiton Ltd BHP AU
    2.05%
    Total Sa TTFNF
    1.86%
    Bp Plc BP/ LN
    1.85%
  • Key Features

     

    Nation's First Global Hard Assets ETF

    based on new index developed in concert with Jim Rogers that provides one-stop shopping for commodity equities worldwide

    Comprehensive Portfolio

    index contains world's largest and most prominent hard assets producers and distributors

    Includes Water and Renewable Energy

    first commodity equity index to do so

    Utilizes Cnsumption-Based Weights 

    affording balanced exposure

    The Index comprises:

    A global group of companies involved in six hard assets sectors: agriculture, energy, base metals, precious metals, forest products and water/renewable energy sources (solar, wind).

    Companies eligible for inclusion in Index:

    • “Principally engaged” in hard assets industry, deriving at least 50% of revenues from it (25% in water)
    • Minimum market capitalization of $500 million
    • Average daily turnover in excess of $1 million per day
    • Trade on approved stock exchange as an ordinary, ADR or GDR, and have no material restrictions on foreign investment
    • Additional tests for revenue, free float, price and exchange listing

    Index provider:

  • Index Sector Breakdown

     

    As of June 30, 2010
    Energy40.4%
    Agriculture30.9%
    Industrial Metals13.0%
    Precious Metals7.5%
    Alternatives4.1%
    Paper & Forest Products4.1%
  • Index Country Breakdown

     

    As of June 30, 2010
    United States39.00%
    Canada13.80%
    United Kingdom7.20%
    Switzerland4.60%
    Australia3.80%
    Brazil3.00%
    Other Countries (35)28.60%
  • Index Market Capitalization

     

    As of June 30, 2010
    LARGE (>5.0B)87.1%
    MEDIUM (1.0 - 5.0B)11.9%
    SMALL (<1.0B)1.0%
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    Important Disclosure

    The Fund is subject to various risks including those associated with making investments in companies engaged in producing and distributing hard assets and related products and services, such as commodity price volatility, changes in government policies/regulations and world political and economic developments. Additional risks include competitive pressures, technological advances and/or obsolescence, the depletion of resources, labor relations issues and risks associated with foreign investments.

    The RogersTM-Van Eck Hard Assets Producers Index (RVEI) has been licensed by Van Eck Associates Corporation from S-Network Global Indexes, LLC for use in connection with Market Vectors RVE Hard Assets Producers ETF (HAP). HAP is not sponsored, endorsed, sold or promoted by S-Network Global Indexes, LLC, which makes no representation regarding the advisability of investing in HAP. “Jim Rogers,” “James Beeland Rogers, Jr.,” and “Rogers,” are trademarks, service marks and/or registered trademarks of Beeland Interests, Inc. (“Beeland Interests”), which is owned and controlled by James Beeland Rogers, Jr., and are used subject to license. The personal names and likeness of Jim Rogers/James Beeland Rogers, Jr. are owned and licensed by James Beeland Rogers, Jr.HAP is not sponsored, endorsed, sold or promoted by Beeland Interests, Inc. or James Beeland Rogers, Jr. Neither Beeland Interests nor James Beeland Rogers, Jr. makes any representation or warranty, express or implied, nor accepts any responsibility, regarding the accuracy or completeness of this material, or the advisability of investing in securities or commodities generally, or in HAP or in futures particularly.

    BEELAND INTERESTS AND ITS AFFILIATES AND VAN ECK AND ITS AFFILIATES SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS, AND MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY OWNERS OF HAP, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF RVEI. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL BEELAND INTERESTS OR VAN ECK OR ANY OF THEIR RESPECTIVE AFFILIATES HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES OR LOSSES, EVEN IF NOTIFIED OF THE POSSIBILITY THEREOF.

    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