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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 Provider: Market Vectors Index Solutions

    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
    • Commencement

      05/11/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVEMAG
    • 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 09/19/14

    • 30-Day SEC Yield1

      4.47%
    • Total Net Assets

      $17.8M
    • Number of Holdings

      140
    • Options

      Expected
    • Gross Expense Ratio2

      1.34%
    • Net Expense Ratio/TER2

      0.50%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      09/30/2014
  • Country Weightings (%)
    as of 08/31/14

    • Country

      % of Net Assets
    • BRAZIL

      10.8
    • MEXICO

      10.4
    • RUSSIA

      7.7
    • CHINA

      6.6
    • TURKEY

      5.8
    • COLOMBIA

      5.0
    • INDONESIA

      4.8
    • SOUTH AFRICA

      4.7
    • POLAND

      4.6
    • THAILAND

      4.4
    • MALAYSIA

      4.1
    • UAE

      3.2
    • ISRAEL

      2.8
    • CZECH

      2.2
    • VENEZUELA

      2.0
    • HUNGARY

      1.9
    • QATAR

      1.7
    • PERU

      1.5
    • ARGENTINA

      1.3
    • INDIA

      1.3
    • Other

      13.4
  • Portfolio Composition (%)
    as of 08/31/14

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      98.98
    • Other

      0.00
    • Cash

      1.02
  • Currency Exposure (%)
    as of 08/31/14

    • U.S. Dollar

      51.49
    • Brazilian Real

      4.62
    • Mexican Peso

      4.48
    • Euro

      4.38
    • Polish Zloty

      4.01
    • Thai Baht

      3.70
    • South African Rand

      3.58
    • Russian Ruble

      3.43
    • Malaysian Ringgit

      3.40
    • Colombian Peso

      3.04
    • Turkish Lira

      2.77
    • Indonesian Rupiah

      2.50
    • Israeli Shekel

      2.27
    • Czech Koruna

      1.49
    • Hungarian Forint

      1.28
    • Nigeria Naira

      0.87
    • New Romanian Leu

      0.75
    • China Renminbi

      0.42
    • Peruvian New Sol

      0.42
    • Chilean Peso

      0.08
    • Other

      1.02
    • Total

      100.00
  • Credit Quality (%)
    as of 08/31/14

    Composite % of Net Assets
    Investment Grade AA 4.85
    A 20.64
    BBB 45.42
    Non-Investment Grade BB 10.10
    B 4.77
    CCC 1.24
    CC 0.90
    Total Investment Grade 70.92
    Total Non-Investment Grade 17.01
    Not rated 12.07
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.
  • 3-YR Risk Measures*
    as of 08/31/14

    • Beta vs. S&P 500 Index

      0.64
    • Correlation vs. S&P 500 Index

      0.76
    • Volatility (Standard Deviation)

      9.56
    • Sharpe Ratio

      0.32

    Source: Van Eck Global, FactSet

    *Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. 

  • Sector Weightings (%)
    as of 08/31/14

    • Sector

      % of Net Assets
    • Government

      62.2
    • Financial

      11.7
    • Energy

      9.8
    • Basic Materials

      4.1
    • Utilities

      3.3
    • Communications

      3.2
    • Diversified

      1.8
    • Consumer, Non-cyclical

      1.4
    • Industrial

      0.8
    • Other

      1.6