• Ticker:- LATM;false;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

      --
  • Fundamentals
    as of 11/30/14

    • Weighted Average Market Cap

      $1.1B
    • Price/Earnings Ratio
      (LTM: Last 12 Months)*

      12.90
    • Price/Book Ratio
      (LTM: Last 12 Months)*

      1.13
    *A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.
  • Market Capitalization (%)
    as of 11/30/14

    • Capitalization

      % of Net
      Assets ($)
    • Large (>$5.0B)

      0.0%
    • Mid ($1.0 - $5.0B)

      58.0%
    • Small (<$1.0B)

      41.6%
    This breakdown represents what percentage of the ETF's assets represent large/mid/small-sized companies. The market capitalization of an individual, publicly traded company is calculated by multiplying the company's stock price by the total number of its shares outstanding.
  • 3-YR Risk Measures
    as of 11/30/14

    • Beta vs. S&P 500 Index

      1.33
    • Correlation vs. S&P 500 Index

      0.57
    • Volatility (Standard Deviation)

      20.68
    • Sharpe Ratio

      -0.50

    Source: Van Eck Global, FactSet.

    Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation.

  • Country Weightings (%) as of 11/30/14

    • Country

      % of Net Assets
    • BRAZIL

      30.5
    • MEXICO

      23.5
    • CANADA

      17.4
    • CHILE

      8.5
    • U.S.

      8.0
    • ARGENTINA

      3.1
    • PUERTO RICO

      2.1
    • FRANCE

      1.7
    • PANAMA

      1.3
    • SPAIN

      1.2
    • AUSTRALIA

      0.8
    • PERU

      0.8
    • UNITED KINGDOM

      0.6
    • ITALY

      0.2
    • Other

      0.5
  • Portfolio Composition (%)
    as of 12/19/14

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      100.00
  • Sector Weightings (%) as of 11/30/14

    • Sector

      % of Net Assets
    • Financials

      26.5
    • Materials

      17.9
    • Consumer Discretionary

      16.9
    • Industrials

      13.2
    • Consumer Staples

      8.7
    • Utilities

      6.0
    • Energy

      5.7
    • Information Technology

      2.4
    • Health Care

      1.3
    • Telecommunication Services

      0.5
    • n/a

      0.3
    • Other

      0.5
  • Currency Exposure (%)
    as of 11/30/14

    • Brazilian Real

      30.02
    • U.S. Dollar

      27.29
    • Mexican Peso

      21.24
    • Chilean Peso

      10.16
    • Canadian Dollar

      8.13
    • Australian Dollar

      0.77
    • British Pound

      0.75
    • Peruvian New Sol

      0.60
    • Euro

      0.58
    • Other

      0.46
    • Total

      100.00