• Ticker:- EMLC;true;GBIEMCOR;
  • Ticker Group:- ETFFI_IB;false;;
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EM Local Currency Bond ETF EMLC

  • Full Name: Market Vectors®
    Emerging Markets Local Currency Bond ETF (EMLC)

    Management Style: Sampling

    Underlying Index: The J.P. Morgan GBI-EMG Core Index (GBIEMCOR)

    Index Provider: J.P. Morgan

    Index Description: GBIEMCOR provides direct exposure to local currency bonds issued by emerging market governments. As such, the Fund is subject to the risks of investing in emerging market debt securities.

  •  
      

    • Fund Ticker

      EMLC
    • Exchange

      NYSE Arca
    • Commencement

      07/22/2010
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      GBIEMCOR
    • Index Rebalancing

      Monthly
    • Preliminary NAIC
      Designation7

      2
  •  
    as of 09/19/14

    • 30-Day SEC Yield1

      4.36%
    • Total Net Assets

      $901.0M
    • Number of Holdings

      239
    • Options

      Available
    • Gross Expense Ratio2

      0.52%
    • Net Expense Ratio/TER2

      0.47%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

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

    • Country

      % of Net Assets
    • POLAND

      9.9
    • BRAZIL

      9.8
    • SOUTH AFRICA

      9.2
    • MALAYSIA

      8.4
    • TURKEY

      7.9
    • MEXICO

      6.4
    • RUSSIA

      6.4
    • INDONESIA

      6.2
    • THAILAND

      5.8
    • COLOMBIA

      5.6
    • HUNGARY

      4.0
    • SUPRA-NATIONAL

      3.6
    • NIGERIA

      3.0
    • PERU

      3.0
    • PHILIPPINES

      2.9
    • ROMANIA

      2.9
    • CHILE

      2.9
    • GERMANY

      0.7
    • NETHERLANDS

      0.3
    • FINLAND

      0.0
    • Other

      0.9
  • Portfolio Composition (%)
    as of 08/31/14

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      99.06
    • Other

      0.00
    • Cash

      0.94
  • Currency Exposure (%)
    as of 08/31/14

    • Brazilian Real

      10.26
    • Mexican Peso

      10.18
    • Polish Zloty

      9.86
    • South African Rand

      9.30
    • Malaysian Ringgit

      8.39
    • Turkish Lira

      8.04
    • Russian Ruble

      6.35
    • Indonesian Rupiah

      6.20
    • Thai Baht

      5.83
    • Colombian Peso

      5.62
    • Hungarian Forint

      4.28
    • Nigeria Naira

      3.01
    • Peruvian New Sol

      2.95
    • Philippines Peso

      2.95
    • New Romanian Leu

      2.94
    • Chilean Peso

      2.90
    • Other

      0.94
    • Total

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

    Composite % of Net Assets
    Investment Grade AAA 4.15
    AA 3.25
    A 20.14
    BBB 38.46
    Non-Investment Grade BB 7.75
    Total Investment Grade 65.99
    Total Non-Investment Grade 7.75
    Not rated 26.25
    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

      0.80
    • Correlation vs. S&P 500 Index

      0.72
    • Volatility (Standard Deviation)

      12.77
    • Sharpe Ratio

      0.01

    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. See S&P 500 Index definition.6

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

    • Sector

      % of Net Assets
    • Government

      86.2
    • Utilities

      7.7
    • Financial

      3.2
    • Industrial

      1.6
    • Consumer, Non-cyclical

      0.1
    • Other

      1.1