• Ticker:- LATM;true;MVLATM;
  • Ticker Group:- ETFEQ_INTL;false;;
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Latin America Small-Cap Index ETF LATM

  • IMPORTANT NEWS: 

    This Fund Will Cease Trading on Friday, 12/12/14

    This Fund will cease trading at 4:00PM EST on December 12, 2014. Shareholders who do not sell their shares on or before December 12, 2014, will receive cash equal to the amount of the net asset value of their shares. Please read the Press Release and FAQs below for more detailed information.


     


     

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

    Management Style: Replication

    Underlying Index: Market Vectors® Latin America Small-Cap Index (MVLATMTR)

    Index Provider: Market Vectors Index Solutions

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

  •  
      

    • Fund Ticker

      LATM
    • Exchange

      NYSE Arca
    • Commencement

      04/06/2010
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVLATMTR
    • Index Rebalancing

      Quarterly
  •  
    as of 12/19/14

    • 30-Day SEC Yield1

      0.94%
    • Total Net Assets

      $5.6M
    • Number of Holdings

      1
    • Options

      Expected
    • Gross Expense Ratio2

      2.35%
    • Net Expense Ratio/TER2

      0.63%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      --
  • About Securities Lending


    Market Vectors Exchange Traded Funds (ETFs) may lend securities to generate additional income which may help reduce expenses. All net proceeds earned by Market Vectors ETFs in the securities lending process are allocated to the applicable ETF after subtracting fees payable to the lending agent.

      

    Securities lending is an established practice that involves the lending of securities from a lender (“Fund”) to a third-party (“Borrower”). In return, the Borrower posts collateral — typically cash or U.S. Government securities — in an amount equal to at least 102% of the value of the borrowed securities. Over the course of the loan term, the Fund will receive any interest or dividends on the securities loaned. Moreover, the Borrower will pay a fee, as well as any interest earned on the investment of the cash collateral.

     

    The primary risk in securities lending is that a Borrower may default on its commitment to return securities that are on loan. If this occurs and the value of the liquidated collateral does not exceed the cost of repurchasing the securities, the Fund may suffer a loss with respect to the shortfall. This risk and others are described in more detail in the statutory prospectus, under "Lending Portfolio Securities".

  • Additional Resources

  • All Collateral HoldingsTop 10 Collateral Holdingsas of 11/30/14

    Security
    ISIN
    SEDOL
    Country
    Investment Type
    Weight %
    Barclays Capital, 0.10%, 12/01/2014
    --
    --
    United States
    Repurchase Agreement
    100.00
  • Securities Lending Summary
    as of 10/31/14

    Data Point %
    Securities Lending Return (% of AUM, YTD) 0.07
    Average On-Loan (% of AUM, YTD) 4.42
    Maximum On-Loan (% of AUM, YTD) 33.00
    Collateralization (% of Loan, YTD) 105.24
  • Loan/Collateral Combinations and Collateral Levels

    Loan Type Collateral Level
    Equities and Fixed Income  
    Domestic  102%
    Foreign  105%