SEARCH
 

LANGUAGE
  CONTACT US
Van Eck Global - Since 1955

ETF Fund Related
Links



Financial
Professional Access
access exclusive materials including videos, sales ideas and conference calls
 
 

Register now

Forgot Password?

 

  • Market Vectors® Latin America Small-Cap Index ETF (LATM)

  •  
    LATM_icon

    The Market Vectors® Latin America Small-Cap Index ETF (LATM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Latin America Small-Cap Index (MVLATMTR), a rules-based, modified market cap-weighted, float-adjusted index intended to give investors exposure to small-cap companies in Latin America.

    PDFInvestment Case for LatAm Small Caps

  • Ticker:- LATM;false;MVLATM;

  • Details

    Fund | Additional Information

     

    Fact Sheet PDF
    As of February 04, 2012

    Fund Ticker
    LATM
    ISIN
    US57060U5305
    Intraday NAV (IIV)
    LATM.IV
    Index Ticker
    MVLATMTR
    Exchange
    NYSE Arca
    Commencement Date
    04/06/2010


    Gross Expense Ratio *
    2.87%
    Net Expense Ratio *
    0.63%
    Options
    Expected
    AUM
    $17.2MM
    * Expenses for the fund are capped contractually at 0.63% until 05/01/2012. Cap excludes certain expenses, such as interest.
    As of December 31, 2011
    Index Ticker
    MVLATMTR
    Index Inception Date
    03/24/2010
    Currency
    USD
    Fund Price/Earning Ratio
    2.19
    Fund Price/Book Ratio
    1.46
    Fund Avg. Weighted Market Cap
    $1056 MM
    52 Week High/Low
    2457.74 / 1561.70

  • 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
    Latin America Small-Cap Index ETFLATM $26.43
    $26.47         		3,060
    $0.18
    +0.7%

    $0.3
    +1.1%
    		+ 21.1%
    + 20.6%
    		$0.04
    0.15%     		Chart Export 2.87/0.63

  • Performance History (%)

    Fund

    All Funds | All Indices

    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    MVLATMTR
    		-6.232.65-29.80-29.80n.a.n.a.n.a.-4.48
    FUND/NAV-6.103.05-30.31-30.31n.a.n.a.n.a.-5.04
    FUND/Share Price-5.093.59-30.82-30.82n.a.n.a.n.a.-4.75
    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    MVLATMTR
    		-6.232.65-29.80-29.80n.a.n.a.n.a.-4.48
    FUND/NAV-6.103.05-30.31-30.31n.a.n.a.n.a.-5.04
    FUND/Share Price-5.093.59-30.82-30.82n.a.n.a.n.a.-4.75
    *Commencement date: 04/06/2010
    †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
    MVLATMTR
    		-4.48%-6.23%2.65%-25.27%-29.80%-29.80%n.a.%-4.48%n.a.%
    As of December 31, 2011
    		LIFE*1MO3MO6 MOYTD1YR3YR†5 YR†10YR†
    INDEX
    MVLATMTR
    		-4.48%-6.23%2.65%-25.27%-29.80%-29.80%n.a.%n.a.%n.a.%
    *Commencement date: 03/24/2010
    †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: 144
    Holding
    Shares
    Market Value (USD)
    % of net assets
    Alamos Gold Inc AGI CN22,962451,336
    2.63%
    Anhanguera AEDU3 BZ28,000394,249
    2.30%
    First Majestic Silver Corp FR CN19,754395,438
    2.30%
    Tv Azteca Sab De Cv AZTECACP MM554,700386,578
    2.25%
    Br Properties Sa BRPR3 BZ27,900315,052
    1.83%
    Raia Drogasil Sa RADL3 BZ35,018310,595
    1.81%
    Gran Tierra Energy Inc GTE US48,651289,473
    1.69%
    Silver Standard Resources Inc SSRI US15,651275,145
    1.60%
    Cia Sud Americana De Vapores Sa VAPORES CI1,265,024268,250
    1.56%
    Grupo Aeromexico Sab De Cv AEROMEX* MM135,500266,845
    1.55%
    As of February 06, 2012 |TOTAL CONSTITUENTS: 144
    Holding
    Weighting
    ALAMOS GOLD INC AGI CN
    2.63%
    FIRST MAJESTIC SILVER CORP FR CN
    2.30%
    ANHANGUERA EDUCACIONAL PARTI AEDU3
    2.29%
    TV AZTECA SAB DE CV-CPO TVAZTCPO MM
    2.25%
    BR PROPERTIES SA BRPR3 BS
    1.83%
    RAIA DROGASIL SA DROG3
    1.80%
    GRAN TIERRA ENERGY INC GTE US
    1.69%
    SILVER STANDARD RESOURCES SSRI
    1.60%
    CIA SUDAMERICANA DE VAPORES VAPORES CC
    1.56%
    GRUPO AEROMEXICO SAB DE CV AEROMEX*
    1.55%

  • Fund Sector Breakdown

    Fund

     

    As of December 31, 2011
    Materials28.8%
    Consumer Discretionary21.3%
    Industrials15.5%
    Financials15.0%
    Consumer Staples6.6%
    Utilities4.6%
    Energy4.4%
    Health Care1.8%
    Information Technology1.3%
    Telecommunication Services0.6%

  • Important Disclosure 

    The Fund is subject to elevated risks, including those associated with investments in derivatives and foreign securities. In particular, Latin American investments are subject to elevated risks, which include, among others, actions taken by governments in Latin America, inflation, high interest rates, currency risk, less reliable financial information, higher transactional costs, taxation, political instability and other risks associated with foreign investments. In addition, companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. 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 Latin America Small-Cap 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 Latin America Small-Cap 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