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EM Aggregate Bond ETF EMAG

  • Full Name: Market Vectors® Emerging 
    Markets Aggregate Bond ETF (EMAG)

    Management Style: Sampling

    Underlying Index: Market Vectors EM Aggregate Bond Index (MVEMAG)

    Index Description: MVEMAG is comprised of sovereign bonds and corporate bonds denominated in USD (U.S. dollars), (EUR) euros, or Local Emerging Markets Currencies, and includes both investment grade and below investment grade rated securities. 

  •  
     

    • Fund Ticker

      EMAG
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      MVEMAG
    • Index Provider

      Market Vectors Index Solutions
    • Total Net Assets

      $21.6M
    • Shares Outstanding

      900,000
    • Number of Holdings

      143
    • Commencement Date

      05/11/2011

    Effective December 10, 2013, Market Vectors® LatAm Aggregate Bond ETF (BONO) changed its underlying index and changed its name to Market Vectors Emerging Markets Aggregate Bond ETF (EMAG). See details below. 

  •  
    as of 04/22/14

  • About Securities Lending


    Market Vectors Exchange Traded Funds (ETFs) may lend securities to generate additional income which may help reduce expenses. All net proceeds earned by Market Vectors ETFs in the securities lending process are allocated to the applicable ETF after subtracting fees payable to the lending agent.

      

    Securities lending is an established practice that involves the lending of securities from a lender (“Fund”) to a third-party (“Borrower”). In return, the Borrower posts collateral — typically cash or U.S. Government securities — in an amount equal to at least 102% of the value of the borrowed securities. Over the course of the loan term, the Fund will receive any interest or dividends on the securities loaned. Moreover, the Borrower will pay a fee, as well as any interest earned on the investment of the cash collateral.

     

    The primary risk in securities lending is that a Borrower may default on its commitment to return securities that are on loan. If this occurs and the value of the liquidated collateral does not exceed the cost of repurchasing the securities, the Fund may suffer a loss with respect to the shortfall. This risk and others are described in more detail in the statutory prospectus, under "Lending Portfolio Securities".

  • Additional Resources

  • All Collateral Holdings Top 10 Collateral Holdings as of 03/31/14

    Security
    ISIN
    SEDOL
    Country
    Investment Type
    Weight %
    Bank of New York Overnight Government Fund
    --
    --
    United States
    Money Market Fund
    100.00
    Top 10 Total (%) 100.00
  • Securities Lending Summary
    as of 03/31/14

    Data Point %
    Securities Lending Return (% of AUM, YTD) 0.00
    Average On-Loan (% of AUM, YTD) 0.84
    Maximum On-Loan (% of AUM, YTD) 33.00
    Collateralization (% of Loan, YTD) 102.11
  • Loan/Collateral Combinations and Collateral Levels

    Loan Type Collateral Level
    Equities and Fixed Income  
    Domestic  102%
    Foreign  105%