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Rare Earth/Strategic Metals ETF REMX

  • Full Name: Market Vectors®
    Rare Earth/Strategic Metals ETF (REMX®)

    Management Style: Replication

    Underlying Index: Market Vectors Global Rare Earth/Strategic Metals Index (MVREMXTR)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVREMXTR a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of publicly traded companies primarily engaged in a variety of activities that are related to the mining, refining and manufacturing of rare earth/strategic metals.

  •  
      

    • Fund Ticker

      REMX
    • Exchange

      NYSE Arca
    • Commencement

      10/27/2010
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVREMXTR
    • Index Rebalancing

      Quarterly
  •  
    as of 07/29/14

    • 30-Day SEC Yield1

      0.28%
    • Total Net Assets

      $99.7M
    • Number of Holdings

      22
    • Options

      Available
    • Gross Expense Ratio2

      0.70%
    • Net Expense Ratio/TER2

      0.57%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • Key Points

    Critical Materials for Economy, Technology and Defense
    Key ingredients in products such as steel alloys, jet engines, precision-guided weapons, hybrid cars, wind turbines, flat-panel TVs and fiber optics
    Supply Chain Exposure
    Underlying index comprised of global companies with a “pure-play” focus, including miners, refiners, recyclers and producers
     
  • Trading Information

    • Fund Ticker

      REMX
    • Index Total Return Ticker

      MVREMXTR
    • NAV

      REMXNV
    • Intraday NAV (IIV)4

      REMXIV
    • Shares Outstanding

      2,624,962
    • Estimated Cash

      REMXEU
    • Total Cash

      REMXTC
    • CUSIP

      57061R536
    • ISIN

      US57061R5366
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.20%
    • Gross Expense Ratio

      0.70%
    • Fee Waivers and
      Expense Reimbursement

      (0.13)%
    • Net Expense Ratio/TER2

      0.57%
    2 Expenses for REMX are capped contractually at 0.57% until at least May 1, 2015. Cap excludes certain expenses, such as interest. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio". See Important Disclosure for more information.
  • Prices as of 07/29/2014

    TickerNAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    REMX $37.97
    $37.80
    10,972
    15,380
    $0.25 / +0.67%
    $0.22 / +0.59%
    + 5.5%
    + 5.7%

    $-0.17
    -0.45%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    10/27/10
    REMX (NAV) 2.44 0.08 -1.00 -7.03 -27.82 -- -- -17.72
    REMX (Share Price) 2.64 -0.17 -1.01 -6.50 -28.07 -- -- -17.83
    MVREMXTR (Index) 3.25 0.73 -0.37 -8.65 -28.37 -- -- -18.17
    Performance Differential (NAV - Index) -0.81 -0.65 -0.63 1.62 0.55 -- -- 0.45
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    10/27/10
    REMX (NAV) 2.44 0.08 -1.00 -7.03 -27.82 -- -- -17.72
    REMX (Share Price) 2.64 -0.17 -1.01 -6.50 -28.07 -- -- -17.83
    MVREMXTR (Index) 3.25 0.73 -0.37 -8.65 -28.37 -- -- -18.17
    Performance Differential (NAV - Index) -0.81 -0.65 -0.63 1.62 0.55 -- -- 0.45
  • View All Holdings »Top 10 Holdings (%)as of 06/30/14

    Total Holdings: 22
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Tronox Ltd
    TROX US
    270,282
    7,270,5867.78
    Iluka Resources Ltd
    ILU AU
    908,533
    6,987,7667.47
    Kenmare Resources Plc
    KMR LN
    26,251,238
    6,957,2767.44
    Assore Ltd
    ASR SJ
    191,811
    6,429,4176.88
    Eramet
    ERA FP
    45,705
    5,411,7075.79
    Molibdenos Y Metales Sa
    MOLYMET CI
    439,183
    5,314,5855.68
    China Molybdenum Co Ltd
    3993 HK
    10,299,474
    5,284,3725.65
    North Mining Shares Co Ltd
    433 HK
    90,762,964
    5,094,2075.45
    Osaka Titanium Technologies Co
    5726 JP
    205,492
    4,272,3384.57
    Thompson Creek Metals Co Inc
    TC US
    1,437,849
    4,256,0334.55
    Top 10 Total (%)61.26
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 06/30/14

    • Country

      % of Net Assets
    • CHINA

      19.3
    • U.S.

      18.5
    • AUSTRALIA

      13.5
    • JAPAN

      8.9
    • CANADA

      8.6
    • IRELAND

      7.4
    • SOUTH AFRICA

      6.9
    • FRANCE

      5.8
    • CHILE

      5.7
    • BRAZIL

      3.7
    • MEXICO

      2.0
    • Other

      -0.4
  • Sector Weightings (%)
    as of 06/30/14

    • Sector

      % of Net Assets
    • Materials

      90.9
    • Financials

      5.4
    • Information Technology

      4.1
    • Other

      -0.4