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Agribusiness ETF (MOO) — Fund Overview
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The Agribusiness ETF seeks to track as closely as possible, before fees and expenses, the total return performance of the DAXglobal® Agribusiness Index. The Index provides targeted exposure to companies worldwide that are engaged in the agriculture business. As such, the Fund is subject to the risks of investing in this sector.
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Sector Risk subject to unpredictable drops in value
Non-Diversification Risk susceptible to single market events
Foreign Investment subject to political and economic risks
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Trading Halts subject to AMEX "circuit breaker" rules
Paying More than NAV price may vary from NAV
Tracking Error may be unable to replicate Index results
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Fact Sheet PDF
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As of
July 31, 2008
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| Fund Ticker |
MOO |
| Intraday NAV (IIV) |
MOO.IV |
| Index Ticker |
DXAG |
| Exchange |
AMEX |
| Commencement DATE |
08/31/2007 |
| Gross Expense Ratio * |
0.65% |
| Net Expense Ratio * |
0.65% |
| Options |
Available |
| AUM
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$1633.1M |
| *
Expenses capped contractually through 05/01/2009 |
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| Intraday Access |
| buy or sell anytime during the trading day |
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| Liquidity |
| traded and supported by market makers and specialists |
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| Transparency |
| complete index holdings readily available |
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| Tax Efficiency |
| fund's operation seeks to minimize turnover and capital gains distributions |
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| Diversification |
| capture a basket of global agribusiness securities in one transaction |
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| Trading Flexibility |
| ability to short; margin eligibility; options available |
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Market Vectors Agribusiness ETF is subject to various risks including those associated with making investments in companies engaged in the agriculture business such as economic forces, energy and financial markets, government policies and regulations, and environmental laws and regulations. All performance information presented for the Index covering the period prior to July 16, 2007 is based on hypothetical, back-tested data. Prior to July 16, 2007, the Index was not calculated in real time by an independent calculation agent. Hypothetical, back-tested performance has inherent limitations and is not indicative of future results. No representation is being made that any investment will achieve performance similar to that shown.
The DAXglobal® Agribusiness Index (DXAG) is a trademark of Deutsche Börse AG, is licensed for use by Van Eck Associates Corporation in connection with Market Vectors Agribusiness ETF (MOO). Deutsche Börse AG neither sponsors nor endorses MOO and makes no warranty or representation as to the accuracy and/or completeness of the Index or the results to be obtained by any person from using the Index in connection with trading MOO. All performance information presented for the Index covering the period prior to July 16, 2007 is based on hypothetical, back-tested data. Prior to July 16, 2007, the Index was not calculated in real time by an independent calculation agent. Hypothetical, back-tested performance has inherent limitations and is not indicative of future results. No representation is being made that any investment will achieve performance similar to that shown.
Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.
Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market. For more information on the Market Vectors ETF and the underlying Index, call 1.888.MKT.VCTR. Investing involves risk, including possible loss of principal. Please see the prospectus for more details. Market Vectors ETF shares trade like stocks, are subject to investment risk and will fluctuate in market value. The market price of the Market Vectors ETF's shares may be more or less than the net asset value. An investor should consider the investment objective, risks, charges and expenses of the Market Vectors ETFs carefully before investing . The prospectus contains this and other information about Market Vectors ETFs. Please read the prospectus carefully before investing. Not FDIC Insured — No Bank Guarantee — May Lose Value
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