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SCIF Market Vectors India Small-Cap Index ETF

  • Fund Description

    Market Vectors® India Small-Cap Index ETF (SCIF®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors India Small-Cap Index (MVSCIFTR), which is comprised of securities of small-capitalization companies that are incorporated in India or that generate at least 50% of their revenues (or, in certain circumstances, have at least 50% of their assets) in India.

  •  
      

    • Fund Ticker

      SCIF
    • Exchange

      NYSE Arca
    • Commencement

      08/24/2010
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVSCIFTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/08/16

    • 30-Day SEC Yield1

      0.71%
    • Total Net Assets

      $146.6M
    • Number of Holdings

      143
    • Options

      Available
    • Gross Expense Ratio2

      0.92%
    • Net Expense Ratio/TER2

      0.89%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Key Points

    India Small-Caps Supported by Growing Middle Class
    India's middle class boom is expected to fuel demand for discretionary goods and services, homebuilding, and infrastructure
    Added Diversification Through a Wide Constituent Base 
    Index has almost 120 constituents, including offshore companies generating 50% or more of their revenues in India, which may more accurately capture local consumption trends
  • Trading Information

    • Fund Ticker

      SCIF
    • Index Total Return Ticker

      MVSCIFTR
    • NAV

      SCIFNV
    • Intraday NAV (IIV)4

      SCIFIV
    • Shares Outstanding

      3,974,967
    • Estimated Cash

      SCIFEU
    • Total Cash

      SCIFTC
    • CUSIP

      57061R551
    • ISIN

      US57061R5515
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.42%
    • Gross Expense Ratio

      0.92%
    • Fee Waivers and
      Expense Reimbursement

      -0.03%
    • Net Expense Ratio/TER2

      0.89%
    2 Expenses for SCIF are capped contractually at 0.85% until at least May 1, 2016. Cap excludes certain expenses, such as interest.
  • Prices as of 02/08/16

    NAV/
    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
    SCIF $36.88
    $37.13
    106,977
    50,276
    $0.21 / +0.56%
    $0.38 / +1.03%
    -15.5%
    -14.2%
    $0.25
    0.68%
  • 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
    08/24/10
    SCIF (NAV) -11.52 -7.99 -11.52 -16.36 -2.69 -9.44 -- -11.24
    SCIF (Share Price) -10.72 -6.83 -10.72 -16.00 -2.86 -9.39 -- -11.23
    MVSCIFTR (Index) -12.52 -8.59 -12.52 -16.34 -2.27 -8.84 -- -10.94
    Performance Differential (NAV - Index) 1.00 0.60 1.00 -0.02 -0.42 -0.60 -- -0.30
    Quarter End as of 12/31/15
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    08/24/10
    SCIF (NAV) 2.26 7.85 1.07 1.07 1.06 -10.48 -- -9.36
    SCIF (Share Price) 1.91 5.48 -0.16 -0.16 0.58 -10.50 -- -9.50
    MVSCIFTR (Index) 3.03 9.06 2.12 2.12 2.22 -9.74 -- -8.85
    Performance Differential (NAV - Index) -0.77 -1.21 -1.05 -1.05 -1.16 -0.74 -- -0.51
  • Daily Holdings »Top 10 Holdings (%)  as of 01/31/16

    Total Holdings: 143
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Sks Microfinance Ltd
    SKSM IN
    812,732
    6,434,4284.19
    Dewan Housing Finance Corp Ltd
    DEWH IN
    1,514,269
    4,135,0342.69
    India Infoline Ltd
    IIFL IN
    1,143,674
    3,542,3652.31
    Sintex Industries Ltd
    SINT IN
    2,665,235
    3,136,1532.04
    Makemytrip Ltd
    MMYT US
    156,386
    2,915,0351.90
    Credit Analysis & Research Ltd
    CARE IN
    145,488
    2,593,7171.69
    Nagarjuna Construction Co
    NJCC IN
    2,644,841
    2,546,4051.66
    Repco Home Finance Ltd
    REPCO IN
    264,600
    2,523,9261.64
    Kpit Cummins Infosystems Ltd
    KPIT IN
    1,161,538
    2,466,6791.61
    Indraprastha Gas Ltd
    IGL IN
    290,640
    2,408,6811.57
    Top 10 Total (%)21.30
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 01/31/16

    • Country

      % of Net Assets
    • INDIA

      95.90
    • UNITED STATES

      2.60
    • BAHAMAS

      0.69
    • JAPAN

      0.65
    • Other/Cash

      0.17
  • Sector Weightings (%) as of 01/31/16

    • Sector

      % of Net Assets
    • Financials

      27.8
    • Industrials

      22.6
    • Consumer Discretionary

      17.2
    • Information Technology

      8.8
    • Materials

      8.8
    • Consumer Staples

      4.9
    • Utilities

      4.2
    • Health Care

      3.5
    • Telecommunication Services

      1.3
    • Energy

      0.8
    • n/a

      0.0
    • Other/Cash

      0.2