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  • Ticker:- VNM;false;MVVNM;
  • Ticker Group:- ETFEQ_INTL;false;;

  • Making News

    ETF Trends: Diversified Exposure to China with A-Shares ETF


    2/07/13: Tom Lydon of ETF Trends profiles PEK and writes, "Chinese equities and ETFs are garnering greater attention as the country shows improving economic data along with relatively low valuations."
    View article >> 


    Benzinga: This Small-Cap ETF is Looking Good


    1/31/13: RSXJ is showcased by Benzinga's ETF Professor as "showing signs of life in 2013." He likes that RSXJ is more diverse than Russian large-cap ETFs, with less exposure to energy and state-controlled companies. 
    View article >>     


    Barron’s: Vietnam Growing and Cheap


    1/05/13: Barron’s M. Shari writes about compelling growth prospects for the emerging-markets nation of Vietnam. "The dynamic, resource-rich country is the world's second-largest exporter of coffee, after Brazil, and of rice, after Thailand, and it's a net crude-oil exporter.” Shari spotlights VNM: "The easiest way to invest is via the 3½-year-old exchange-traded fund, VNM."
    View article >> 


    WSJ: What ETF Managers Do


    1/04/13: Reporter A. Weinberg interviews Market Vectors’ Hao-Hung (Peter) Liao, "who leads a handful of portfolio managers at Van Eck Global who oversee some $24 billion in investor assets around the world." The primary mission of Liao and his ETF team is to keep each Fund’s “holdings and the value of those holdings, precisely in line with the indexes they track."
    View article >> 


    Barron’s: Betting on Brazil


    11/03/12: Despite last year’s tepid economic growth, reporter C. Williams of Barron’s writes, "Don't give up on the land of sun and samba, because Brazil's longer-term prospects could make it one of the world's best investments in years to come." Williams puts a spotlight on BRF as "an ETF that affords participation in [Brazil’s] growing educational sector." View article >> 


  • How to Purchase

    Learn more

Vietnam ETF VNM

  • Full Name: Market Vectors®
    Vietnam ETF (VNM)

    Management Style: Replication

    Underlying Index: Market Vectors Vietnam Index (MVVNMTR)

    Index Description: MVVNMTR is a rules-based, modified market capitalization-weighted, float-adjusted index comprised of publicly traded companies that are domiciled and primarily listed in Vietnam or that generate the majority of their revenues in Vietnam.

  •    

    • Fund Ticker

      VNM

    • Exchange

      NYSE Arca

    • Index Total Return Ticker

      MVVNMTR

    • Index Provider

      Market Vectors Index Solutions

    • Total Net Assets

      $449.6M

    • Shares Outstanding

      21,750,000

    • Number of Holdings

      30

    • Commencement Date

      08/11/2009

  •   as of 05/24/13

  • Key Points

    Nation's First ETF Focused Exclusively on Vietnam 
    Among the world's most populous nations; nearly half the population is under the age of 25
    One-Trade Access to Local Market 
    Approximately 70% of Index market cap currently in locally-listed companies
    Convenient Way to Customize International Exposure 
    Complement traditional foreign exposure with investments beyond mainstream emerging markets

  • Trading Information

    • Fund Ticker

      VNM

    • Index Total Return Ticker

      MVVNMTR

    • NAV

      VNMNV

    • Intraday NAV (IIV)4

      VNMIV

    • Shares Outstanding

      21,750,000

    • Estimated Cash

      VNMEU

    • Total Cash

      VNMTC

    • CUSIP

      57060U761

    • ISIN

      US57060U7616
    Source: Bloomberg

  • Fees & Expenses2

    • Management Fee

      0.50%

    • Other Expenses

      0.26%

    • Gross Expense Ratio

      0.76%

    • Fee Waivers and
      Expense Reimbursement

      0.00%

    • Net Expense Ratio

      0.76%
    2 Expenses for VNM are capped contractually at 0.76% until at least May 1, 2014. Cap excludes certain expenses, such as interest. See Important Disclosure for more information.

  • Prices as of 05/24/13

    TickerNAV/
    Last Price    		Avg. 30-Day
    Trading
    Volume    		Daily Change
    NAV/
    Last Price    		 YTD Change
    NAV/
    Last Price    		Premium/
    Discount    		Prem/Discount
    Distribution Charts    		NAV &
    Prem/Discount
    History    		NAV
    Price
    Chart
    VNM $20.67
    $20.77         		491,590
    454,629
    $-0.05 / -0.2%
    $0.52 / +2.6%
    		+ 21.1%
    + 15.4%
    		$0.10
    0.48%

  • 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
    08/11/09
    VNM (NAV) -4.33 -6.47 12.78 -4.08 -8.44 -- -- -5.65
    VNM (Share Price) -4.41 -9.21 8.39 -4.61 -8.48 -- -- -5.33
    MVVNMTR (Index) -3.85 -6.35 13.53 -2.93 -8.51 -3.74 -- -5.25
    Performance Differential (NAV - Index) -0.48 -0.12 -0.75 -1.15 0.07 -- -- -0.40
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    08/11/09
    VNM (NAV) -4.33 -6.47 12.78 -4.08 -8.44 -- -- -5.65
    VNM (Share Price) -4.41 -9.21 8.39 -4.61 -8.48 -- -- -5.33
    MVVNMTR (Index) -3.85 -6.35 13.53 -2.93 -8.51 -3.74 -- -5.25
    Performance Differential (NAV - Index) -0.48 -0.12 -0.75 -1.15 0.07 -- -- -0.40

    *Returns less than one year are not annualized.

    The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF 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.

  • View All Holdings » Top 10 Holdings (%) as of 04/30/13

    Total Holdings: 32
    Holding Name
    Ticker
    		 Shares Market Value
    (US$)     		% of Net
    Assets
    Baoviet Holdings
    BVH VN
    		 13,663,256 30,599,178 7.18
    Bank for Foreign Trade of Vietnam JSC
    VCB VN
    		 22,913,638 29,935,917 7.03
    Vincom JSC
    VIC VN
    		 9,781,624 28,958,785 6.80
    Pha Lai Thermal Power JSC
    PPC VN
    		 29,016,280 28,559,363 6.70
    Petrovietnam Fertilizer & Chemical JSC
    DPM VN
    		 14,006,450 28,224,530 6.62
    Saigon Thuong Tin Commercial JSB
    STB VN
    		 24,674,310 25,464,171 5.98
    Oil & Natural Gas Corp Ltd
    ONGC IN
    		 3,407,678 20,702,604 4.86
    Gamuda Bhd
    GAM MK
    		 15,377,491 20,585,540 4.83
    Charoen Pokphand Foods PCL
    CPF-R TB
    		 18,235,700 19,741,697 4.63
    Premier Oil PLC
    PMO LN
    		 3,360,755 19,543,381 4.59
    Top 10 Total (%) 59.22
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

  • Domicile Weightings (%) as of 04/30/13

    • Domicile

      % of Net Assets

    • VIETNAM

      67.7

    • UNITED KINGDOM

      11.5

    • THAILAND

      9.2

    • MALAYSIA

      5.9

    • INDIA

      4.9

    • NA / UNDEFINED

      0.4

    • Other

      0.5

    • Total

      100.1

  • Sector Weightings (%) as of 04/30/13

    • Sector

      % of Net Assets

    • Financials

      36.2

    • Energy

      20.6

    • Industrials

      13.2

    • Materials

      9.6

    • Utilities

      6.7

    • Consumer Discretionary

      5.7

    • Consumer Staples

      4.6

    • n/a

      2.9

    • Other

      0.5

    • Total

      100.0
  • Contact Us

    Van Eck Securities
    Corporation, Distributor
    335 Madison Avenue, 19th Fl.
    New York, NY 10017
    888.MKT.VCTR
    888.658.8287
    marketvectors@vaneck.com

  • Important Disclosure

    130-Day SEC Yield is calculated daily, and is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons primarily among bond funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period. It does not reflect the yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by summing any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months.

    2VNM Fees & Expenses: Van Eck Associates Corporation (the “Adviser”) has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses) from exceeding 0.76% of the Fund’s average daily net assets per year until at least May 1, 2014. During such time, the expense limitation is expected to continue until the Fund’s Board of Trustees acts to discontinue all or a portion of such expense limitation.

    3Morningstar Ratings: ©2013 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. 

    4IIV is an abbreviation for An ETF's intraday indicative value; it is an estimated fair value of its holdings based on the most recent prices of its underlying securities and other assets. Intraday values are typically updated every 15 seconds and should closely approximate the net asset value (NAV) of an ETF throughout the trading day. ETF intraday values are calculated by an exchange (e.g., the NYSE Arca) and are distributed through quote services.

    For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.

    The Fund is subject to elevated risks, including those associated with investments in derivatives and foreign securities, in particular Vietnamese issuers, which include, among others, expropriation, confiscatory taxation, issues with repatriation of investment income, limitations on foreign ownership, 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 Vietnam Index (the “Index”) is the exclusive property of 4asset-management GmbH, 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 4asset-management GmbH, Structured Solutions AG has no obligation to point out errors in the Index to third parties.

    4asset-management GmbH does not sponsor, endorse or promote Market Vectors Vietnam 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 S&P® 500 Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector; as an Index, it is unmanaged and is not a security in which investments can be made.

    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. Bonds and bond funds will decrease in value as interest rates rise. 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

© 2013 Van Eck Securities Corporation. All rights reserved.