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Rare Earth/Strategic Metals ETF REMX

  • Full Name: Market Vectors®
    Rare Earth/Strategic Metals ETF (REMX®)

    Management Style: Replication

    Underlying Index: Market Vectors Global Rare Earth/Strategic Metals Index (MVREMXTR)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVREMXTR a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of publicly traded companies primarily engaged in a variety of activities that are related to the mining, refining and manufacturing of rare earth/strategic metals.

  •  
      

    • Fund Ticker

      REMX
    • Exchange

      NYSE Arca
    • Commencement

      10/27/2010
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVREMXTR
    • Index Rebalancing

      Quarterly
  •  
    as of 12/22/14

    • 30-Day SEC Yield1

      0.72%
    • Total Net Assets

      $57.0M
    • Number of Holdings

      22
    • Options

      Available
    • Gross Expense Ratio2

      0.70%
    • Net Expense Ratio/TER2

      0.57%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      --
  • Index Key Points

    Underlying Index: Market Vectors Global Rare Earth/Strategic Metals Index (MVREMXTR) 

    The Index comprises: 

    A focused group of companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals

    Companies eligible for inclusion in Index: 

    • Global companies that either generate or have the potential to generate at least 50% of their revenues from the producing, refining and recycling of rare earth and strategic metals and minerals
    • Market cap exceeding $150 millionDaily trading volume of at least $1 million and traded at least 250,000 shares each month over the last six months

    Index provider: 

    Market Vectors Index Solutions 

  • Index Profile

    • Ticker

      MVREMXTR
    • Inception Date

      10/13/2010
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)as of 11/30/14

    Total Constituents: 22
    Constituent Name
    Ticker
    Weightings (%)
    China Molybdenum Co Ltd-H
    3993 HK
    8.47
    Tronox Ltd-Cl A
    TROX US
    8.38
    Iluka Resources Ltd
    ILU AU
    7.47
    Eramet
    ERA FP
    6.96
    North Mining Shares Co Ltd
    433 HK
    6.21
    Assore Ltd
    ASR SJ
    5.91
    Hunan Non-Ferrous Metals-H
    2626 HK
    5.71
    Molibdenos Y Metales S.A.
    MOLYMET CI
    5.46
    China Rare Earth Hldgs Ltd
    769 HK
    5.29
    Rti International Metals Inc
    RTI US
    4.86
    Top 10 Total (%)64.72
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 11/30/14

    • Country

      Weightings (%)
    • U.S.

      18.6
    • CHINA

      14.2
    • AUSTRALIA

      12.0
    • HONG KONG

      11.5
    • JAPAN

      8.8
    • FRANCE

      7.0
    • CANADA

      6.8
    • SOUTH AFRICA

      5.9
    • CHILE

      5.5
    • IRELAND

      2.9
    • BRAZIL

      2.9
    • MEXICO

      2.6
    • UNITED KINGDOM

      1.4
  • Index Sector Weightings (%) as of 11/30/14

    • Sector

      Weightings (%)
    • Materials

      97.0
    • Information Technology

      3.0