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  • Market Vectors® Indonesia Index ETF (IDX)

  •  
    IDX Icon

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


  • Ticker:- IDX;false;MVIDX;

  • Details

    Fund | Additional Information

     

    Fact Sheet PDF
    As of February 04, 2012

    Fund Ticker
    IDX
    ISIN
    US57060U7533
    Intraday NAV (IIV)
    IDX.IV
    Index Ticker
    MVIDXTR
    Exchange
    NYSE Arca
    Commencement Date
    01/15/2009


    Gross Expense Ratio *
    0.60%
    Net Expense Ratio *
    0.60%
    Options
    Expected
    AUM
    $624.1MM
    * Expenses for the fund are capped contractually at 0.60% until 05/01/2012. Cap excludes certain expenses, such as interest.
    As of December 31, 2011
    Index Ticker
    MVIDXTR
    Index Inception Date
    11/24/2008
    Currency
    USD
    Fund Price/Earning Ratio
    12.81
    Fund Price/Book Ratio
    2.93
    Fund Avg. Weighted Market Cap
    $12066.1 MM
    52 Week High/Low
    13864.65 / 9899.58

  • 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
    Indonesia Index ETFIDX $30.67
    $30.71         		1,023,961
    $0.16
    +0.5%

    $0.27
    +0.9%
    		+ 7.7%
    + 7.9%
    		$0.04
    0.13%     		Chart Export 0.60/0.60

  • Performance History (%)

    Fund

    All Funds | All Indices

    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    MVIDXTR
    		2.916.170.780.7852.79n.a.n.a.54.54
    FUND/NAV-0.277.040.220.22n.a.n.a.n.a.53.14
    FUND/Share Price-1.6214.32-0.61-0.61n.a.n.a.n.a.53.12
    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    MVIDXTR
    		2.916.170.780.7852.79n.a.n.a.54.54
    FUND/NAV-0.277.040.220.22n.a.n.a.n.a.53.14
    FUND/Share Price-1.6214.32-0.61-0.61n.a.n.a.n.a.53.12
    *Commencement date: 01/15/2009
    †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
    MVIDXTR
    		54.54%2.91%6.17%-7.84%0.78%0.78%n.a.%54.54%n.a.%
    As of December 31, 2011
    		LIFE*1MO3MO6 MOYTD1YR3YR†5 YR†10YR†
    INDEX
    MVIDXTR
    		54.54%2.91%6.17%-7.84%0.78%0.78%52.79%n.a.%n.a.%
    *Commencement date: 11/24/2008
    †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

    Fund | Index

     

    As of February 03, 2012 |TOTAL CONSTITUENTS: 39
    Holding
    Shares
    Market Value (USD)
    % of net assets
    Astra International Tbk Pt ASII IJ5,825,50051,658,528
    8.28%
    Bank Central Asia Tbk Pt BBCA IJ52,649,00047,650,928
    7.63%
    Bank Rakyat Indo BBRI IJ51,402,50041,487,399
    6.65%
    Telekomunikasi Indonesia Tbk Pt TLK US1,280,82139,782,300
    6.37%
    Bank Mandiri Tbk Pt BMRI IJ47,428,65135,051,102
    5.62%
    United Tractors Tbk Pt UNTR IJ9,234,96930,420,464
    4.87%
    Bumi Resources Tbk Pt BUMI IJ89,254,00026,247,529
    4.21%
    Perusahaan Gas Negara Pt PGAS IJ63,070,00023,635,232
    3.79%
    Banpu Pcl BANPU-R TB1,165,95023,397,952
    3.75%
    Semen Gresik Persero Tbk Pt SMGR IJ17,569,00022,412,067
    3.59%
    As of February 06, 2012 |TOTAL CONSTITUENTS: 38
    Holding
    Weighting
    ASTRA INTERNATIONAL TBK PT ASII IJ
    8.25%
    BANK CENTRAL ASIA TBK PT BBCA IJ
    7.64%
    BANK RAKYAT INDONESIA PERSER BBRI IJ
    6.63%
    TELEKOMUNIK INDONESIA-SP ADR TLKM IJ
    6.44%
    BANK MANDIRI TBK PT BMRI IJ
    5.60%
    UNITED TRACTORS TBK PT UNTR IJ
    4.88%
    BUMI RESOURCES TBK PT BUMI IJ
    4.18%
    PERUSAHAAN GAS NEGARA PT PGAS IJ
    3.78%
    BANPU PUBLIC CO LTD BANPU
    3.75%
    SEMEN GRESIK (PERSERO) PT SMGR IJ
    3.60%

  • Key Features

    Fund | Index

     

    Nation's First ETF Focused Exclusively on Indonesia

    A relatively untapped region undergoing rapid political and market-oriented economic reform

     
    One-Trade Access

    To a range of many of the largest and most liquid stocks in the investable universe

     
    Pure Play

    Index constituents must be domiciled and primarily listed on an exchange in Indonesia, or generating at least 50% of their revenues in Indonesia

     
    Convenient Way to Customize International Exposure

    Complement traditional foreign exposure with investments beyond mainstream emerging markets

     
    Low Correlation

    Local stock market has had one of Southeast Asia's lower correlations with developed markets

     
    Based on Market Vectors Index
    Liquid, Inclusive, Diversified, Transparent
    The Index comprises:
    A diversified group of many of the largest and most liquid companies in the investable universe
    Companies eligible for inclusion in Index:
    • Domiciled and primarily listed, or generating at least 50% of revenues in Indonesia
    • 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
    Index provider:
    Market Vectors Index Solutions  

  • Fund Market Capitalization

    Fund

     

    As of December 31, 2011
    LARGE (>5.0B)69.7%
    MEDIUM (1.0 - 5.0B)28.2%
    SMALL (<1.0B)2.1%

  • Important Disclosure 

    The Fund is subject to elevated risks, including those associated with investments in foreign securities, in particular Indonesian issuers, which include, among others, expropriation, confiscatory taxation, political instability, armed conflict and social instability. 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. Please refer to the prospectus for complete risk information.

    Market Vectors Indonesia 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 Indonesia 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