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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 11/21/14

    • 30-Day SEC Yield1

      0.65%
    • Total Net Assets

      $63.1M
    • Number of Holdings

      23
    • Options

      Available
    • Gross Expense Ratio2

      0.70%
    • Net Expense Ratio/TER2

      0.57%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • 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 10/31/14

    Total Constituents: 22
    Constituent Name
    Ticker
    Weightings (%)
    Tronox Ltd-Cl A
    TROX US
    8.13
    Iluka Resources Ltd
    ILU AU
    7.91
    China Molybdenum Co Ltd-H
    3993 HK
    7.43
    Eramet
    ERA FP
    6.41
    Assore Ltd
    ASR SJ
    6.30
    North Mining Shares Co Ltd
    433 HK
    5.96
    Hunan Non-Ferrous Metals-H
    2626 HK
    5.63
    Molibdenos Y Metales S.A.
    MOLYMET CI
    5.05
    Molycorp Inc
    MCP US
    5.03
    China Rare Earth Hldgs Ltd
    769 HK
    4.92
    Top 10 Total (%)62.77
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%)
    as of 10/31/14

    • Country

      Weightings (%)
    • U.S.

      19.3
    • CHINA

      13.1
    • AUSTRALIA

      12.4
    • HONG KONG

      10.9
    • JAPAN

      9.3
    • CANADA

      6.9
    • FRANCE

      6.4
    • SOUTH AFRICA

      6.3
    • CHILE

      5.0
    • IRELAND

      3.3
    • BRAZIL

      2.9
    • MEXICO

      2.5
    • UNITED KINGDOM

      1.6
  • Index Sector Weightings (%)
    as of 10/31/14

    • Sector

      Weightings (%)
    • Materials

      96.9
    • Information Technology

      3.1