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Gulf States Index ETF MES

  • Full Name: Market Vectors®
    Gulf States Index ETF (MES)

    Management Style: Replication

    Underlying Index: Market Vectors® GDP GCC Index (MVMESTR)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVMESTR tracks the performance of the largest and most liquid companies in the Gulf Cooperation Council (GCC) region which includes the following countries: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The weighting of a country in the index is determined by the size of its gross domestic product.
     

  •  
      

    • 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 07/28/14

    • 30-Day SEC Yield1

      2.23%
    • Total Net Assets

      $29.4M
    • Number of Holdings

      57
    • Options

      Expected
    • Gross Expense Ratio2

      2.59%
    • Net Expense Ratio/TER2

      0.98%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • Portfolio Composition (%)
    as of 07/28/14

    • % of Net Assets
    • Stocks

      99.93
    • Bonds

      0.12
    • Other

      0.00
    • Cash

      -0.05
  • Download All HoldingsAll Holdings (%)as of 07/28/14

    Total Holdings: 57
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Emaar Properties Pjsc
    EMAAR UH
    915,441
    2,422,6518.25
    National Bank Of Kuwait
    NBK KK
    513,059
    1,759,4745.99
    Bankmuscat Saog
    BKMB OM
    790,324
    1,426,1004.85
    Masraf Al Rayan
    MARK QD
    93,990
    1,379,8584.70
    Kuwait Finance House
    KFIN KK
    463,046
    1,333,1424.54
    Mobile Telecommunications Co Ksc
    ZAIN KK
    556,842
    1,259,9574.29
    First Gulf Bank Pjsc
    FGB UH
    255,679
    1,256,1844.28
    National Bank Of Abu Dhabi Pjsc
    NBAD UH
    310,494
    1,191,9164.06
    Abu Dhabi Commercial Bank Pjsc
    ADCB UH
    513,577
    1,188,4964.05
    Qatar National Bank Saq
    QNBK QD
    21,474
    1,066,4423.63
    Oman Telecommunications Co
    OTEL OM
    236,144
    1,045,7813.56
    Industries Qatar Qsc
    IQCD QD
    18,567
    883,3613.01
    Dp World Ltd
    DPW DU
    43,530
    847,8952.89
    Aldar Properties Pjsc
    ALDAR UH
    824,744
    808,6302.75
    Samsung Engineering Co Ltd
    028050 KS
    10,678
    732,8822.49
    Mcdermott International Inc
    MDR US
    84,555
    640,0812.18
    Vodafone Qatar
    VFQS QD
    118,918
    623,7962.12
    Arabtec Holding Co
    ARTC UH
    564,775
    622,7362.12
    Qatar Telecom Q-Tel Qsc
    ORDS QD
    17,204
    605,2872.06
    Union National Bank Pjsc/Abu Dhabi
    UNB UH
    288,610
    506,5861.72
    Gulf Bank Ksc
    GBK KK
    325,824
    392,2031.34
    Omani Qatari Telecommunications Co Saog
    NWRS OM
    230,575
    388,0851.32
    Dubai Financial Market
    DFM UH
    419,576
    386,0261.31
    Qatar Islamic Bank
    QIBK QD
    12,691
    368,4111.25
    Agility
    AGLTY KK
    128,404
    362,4371.23
    Commercial Bank Of Qatar
    CBQK QD
    18,986
    354,5721.21
    Qatar Electricity & Water Co
    QEWS QD
    7,034
    354,4841.21
    Dubai Investments Pjsc
    DIC UH
    350,638
    327,5561.12
    Dubai Islamic Bank Pjsc
    DIB UH
    155,523
    319,0061.09
    Kuwait Projects Co Holdings K.S.C
    KPROJ KK
    109,296
    286,6800.98
    Gulf International Services Osc
    GISS QD
    8,555
    267,2000.91
    Mabanee Co Sakc
    MABANEE KK
    75,747
    265,0410.90
    Barwa Real Estate Co
    BRES QD
    24,880
    258,0510.88
    Doha Bank Qsc
    DHBK QD
    16,520
    256,0200.87
    Qatar Insurance Co
    QATI QD
    10,265
    253,7250.86
    Renaissance Services Saog
    RNSS OM
    155,436
    247,0830.84
    Boubyan Petrochemicals Co
    BPCC KK
    92,225
    239,7160.82
    Burgan Bank
    BURG KK
    128,743
    232,1330.79
    Air Arabia
    AIRARABI UH
    599,649
    224,9280.77
    Qatar Gas Transport Co Nakilat
    QGTS QD
    34,374
    224,6820.76
    Qatar Fuel Co
    QFLS QD
    3,241
    191,6390.65
    Qatar Navigation
    QNNS QD
    7,324
    179,9050.61
    Dana Gas Pjsc
    DANA UH
    886,948
    174,1570.59
    National Industries Group Holding
    NIND KK
    219,521
    172,2950.59
    Boubyan Bank Ksc
    BOUBYAN KK
    94,306
    171,3240.58
    United Development Co
    UDCD QD
    21,734
    169,5190.58
    Qatar International Islamic Bank
    QIIK QD
    7,356
    168,3980.57
    Kuwait International Bank
    KIB KK
    118,645
    125,2970.43
    Commercial Real Estate Co
    ALTIJARI KK
    304,456
    104,2300.35
    National Investments Co/Kuwait
    NINV KK
    191,145
    100,6090.34
    Lamprell Plc
    LAM LN
    33,180
    83,6240.28
    Alafco Aviation Lease And Finance Co Ks
    ALAFCO KK
    59,537
    54,7270.19
    Bankmuscat Saog
    OM0000004867
    93,424
    29,8770.10
    Abyaar Real Estate Development
    ABYAAR KK
    157,008
    25,4990.09
    National Leasing
    NLCS QD
    3,164
    24,5910.08
    Bankmuscat Saog
    OM0000004602
    20,696
    5,8210.02
    Other/Cash
    -14,769-0.05
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.