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MES Market Vectors Gulf States Index ETF

  • Fund Description

    Market Vectors® Gulf States Index ETF (MES®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors GDP GCC Index (MVMESTR), which includes local listings of companies that are incorporated in the Gulf Cooperation Council (GCC) and offshore listings of companies incorporated outside of the GCC that generate at least 50% of their revenues (or, where applicable, have at least 50% of their assets) in the GCC.

  •  
      

    • Fund Ticker

      MES
    • Exchange

      NYSE Arca
    • Commencement

      07/22/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVMESTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/12/16

    • 30-Day SEC Yield1

      5.43%
    • Total Net Assets

      $7.1M
    • Number of Holdings

      57
    • Options

      Expected
    • Gross Expense Ratio2

      2.07%
    • Net Expense Ratio/TER2

      0.99%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Portfolio Composition (%)
    as of 02/12/16

    • % of Net Assets
    • Stocks

      96.84
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      3.16
  • Daily HoldingsDaily Holdings (%) as of 02/12/16

    Total Holdings: 57
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Emirates Telecommunications Group Co Pj
    ETISALAT UH
    117,574
    516,8377.26
    Qatar National Bank Saq
    QNBK QD
    11,105
    415,5985.83
    National Bank Of Kuwait
    NBK KK
    166,332
    400,9245.63
    Emaar Properties Pjsc
    EMAAR UH
    237,147
    352,3724.95
    Al Noor Hospitals Group Plc
    ANH LN
    23,821
    307,3564.31
    Bankmuscat Saog
    BKMB OM
    232,881
    268,9023.78
    Oman Telecommunications Co
    OTEL OM
    68,434
    266,6263.74
    Kuwait Finance House
    KFIN KK
    157,266
    251,8933.54
    First Gulf Bank Pjsc
    FGB UH
    76,046
    239,1653.36
    Abu Dhabi Commercial Bank Pjsc
    ADCB UH
    132,385
    223,2593.13
    Industries Qatar Qsc
    IQCD QD
    8,001
    221,7863.11
    National Bank Of Abu Dhabi Pjsc
    NBAD UH
    88,040
    193,7662.72
    Dp World Ltd
    DPW DU
    11,221
    189,3242.66
    Masraf Al Rayan
    MARK QD
    19,441
    182,0842.56
    Al-Salam Bank
    SALAMBAH UH
    728,219
    175,9192.47
    Mobile Telecommunications Co Ksc
    ZAIN KK
    145,726
    166,6642.34
    Mcdermott International Inc
    MDR US
    62,170
    147,9652.08
    Qatar Telecom Q-Tel Qsc
    ORDS QD
    6,100
    146,5752.06
    Aldar Properties Pjsc
    ALDAR UH
    212,594
    135,7251.91
    Dubai Islamic Bank Pjsc
    DIB UH
    66,815
    106,0971.49
    Omani Qatari Telecommunications Co Saog
    ORDS OM
    60,745
    103,7871.46
    Commercial Bank Of Qatar
    CBQK QD
    8,812
    101,8531.43
    Emaar Malls Group Pjsc
    EMAARMLS UH
    131,958
    89,0141.25
    Mabanee Co Sakc
    MABANEE KK
    27,468
    85,1221.20
    Qatar Islamic Bank
    QIBK QD
    3,125
    84,3551.18
    Samsung Engineering Co Ltd
    02805016
    38,838
    79,8211.12
    Damac Properties Dubai Co Pjsc
    DAMAC UH
    114,508
    79,1911.11
    Qatar Electricity & Water Co
    QEWS QD
    1,455
    76,2561.07
    Qatar Navigation
    QNNS QD
    2,969
    74,1411.04
    Gulf Bank Ksc
    GBK KK
    100,601
    69,5810.98
    Doha Bank Qsc
    DHBK QD
    6,697
    68,8590.97
    Agility
    AGLTY KK
    47,342
    67,0850.94
    Union National Bank Pjsc/Abu Dhabi
    UNB UH
    74,395
    65,8260.92
    Viva Kuwait Telecom Co
    VIVA KK
    20,182
    59,7660.84
    Qatar Insurance Co
    QATI QD
    2,442
    54,1130.76
    Kuwait Projects Co Holdings K.S.C
    KPROJ KK
    28,783
    52,2960.73
    Boubyan Bank Ksc
    BOUBYAN KK
    40,302
    51,5010.72
    Air Arabia
    AIRARABI UH
    154,572
    50,9040.71
    Vodafone Qatar
    VFQS QD
    16,994
    48,7880.68
    Barwa Real Estate Co
    BRES QD
    5,146
    47,7200.67
    Arabtec Holding Co
    ARTC UH
    152,861
    47,0940.66
    Qatar Gas Transport Co Nakilat
    QGTS QD
    7,406
    46,1140.65
    Mesaieed Petrochemical Holding Co
    MPHC QD
    9,969
    46,0540.65
    Boubyan Petrochemicals Co
    BPCC KK
    29,899
    45,5750.64
    Dubai Investments Pjsc
    DIC UH
    95,807
    42,9970.60
    Qatar Fuel Co
    QFLS QD
    1,117
    42,8920.60
    Burgan Bank
    BURG KK
    38,650
    42,2940.59
    Qatar International Islamic Bank
    QIIK QD
    2,002
    36,5070.51
    Samsung Engineering Co Ltd
    028050 KS
    4,068
    36,1310.51
    Ezdan Real Estate Co Qsc
    ERES QD
    8,419
    33,3300.47
    Dubai Financial Market
    DFM UH
    108,154
    32,7710.46
    Dana Gas Pjsc
    DANA UH
    230,816
    31,8960.45
    Commercial Real Estate Co
    ALTIJARI KK
    98,704
    26,0010.37
    United Development Co
    UDCD QD
    4,683
    24,9840.35
    National Industries Group Holding
    NIND KK
    65,947
    24,5480.34
    Gulf International Services Osc
    GISS QD
    2,458
    19,8820.28
    Other/Cash
    --
    --
    225,2863.16
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.