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MES VanEck Vectors Gulf States Index ETF

  • This Fund will cease trading at 4:00 pm EST on October 7, 2016. Shareholders who do not sell their holdings on or before October 7, 2016 and continue to hold their shares through the liquidation date are expected to receive cash equal to the amount of the net asset value of their shares, which will include any capital gains and/or dividends. Please see the Press Release and FAQ below for more information.

    Press Release
    FAQ
     

  • Fund Description

    VanEck Vectors Gulf States Index ETF (MES®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS GDP GCC Index (MVMESTR), which includes local listings of companies that are incorporated in the Gulf Cooperation Council (GCC) and offshore listings of companies incorporated outside of the GCC that generate at least 50% of their revenues (or, where applicable, have at least 50% of their assets) in the GCC.

  •  
      

    • Fund Ticker

      MES
    • Exchange

      NYSE Arca
    • Commencement

      07/22/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVMESTR
    • Index Rebalancing

      Quarterly
  •  
    as of 09/27/16

    • 30-Day SEC Yield1

      3.39%
    • Total Net Assets

      $6.9M
    • Number of Holdings

      55
    • Options

      Expected
    • Gross Expense Ratio2

      2.77%
    • Net Expense Ratio/TER2

      1.00%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Key Points

    Nation's First ETF Focused Exclusively on GCC Countries  
    Kuwait, United Arab Emirates, Qatar, Oman, Bahrain, and Saudi Arabia
    Pure Play  
    Index constituents must be headquartered in, or generate the majority of revenues in, countries belonging to the GCC
    Customize International Exposure  
    Complement traditional foreign exposure with investments beyond mainstream emerging markets
  • Trading Information

    • Fund Ticker

      MES
    • Index Total Return Ticker

      MVMESTR
    • NAV

      MESNV
    • Intraday NAV (IIV)4

      MESIV
    • Shares Outstanding

      300,000
    • Estimated Cash

      MESRU
    • Total Cash

      MESTC
    • CUSIP

      92189F858
    • ISIN

      US92189F8582
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      2.27%
    • Gross Expense Ratio

      2.77%
    • Fee Waivers and
      Expense Reimbursement

      -1.77%
    • Net Expense Ratio/TER2

      1.00%
    2 Expenses for MES are capped contractually at 0.98% until at least May 1, 2017. Cap excludes certain expenses, such as interest.
  • Prices as of 09/27/16

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    MES $23.01
    $22.60
    609
    3,314
    -$0.05 / -0.21%
    $0.03 / +0.11%
    +3.7%
    +2.3%
    $-0.41
    -1.77%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    07/22/08
    MES (NAV) 1.08 7.92 5.05 -5.36 0.98 5.51 -- -4.28
    MES (Share Price) 1.96 6.87 3.48 -6.31 0.37 5.27 -- -4.48
    MVMESTR (Index) 5 1.71 8.19 5.57 -4.07 2.08 6.84 -- -3.46
    Performance Differential (NAV - Index) -0.63 -0.27 -0.52 -1.29 -1.10 -1.33 -- -0.82
    Quarter End as of 06/30/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    07/22/08
    MES (NAV) 2.36 -1.86 -0.36 -17.05 0.59 3.46 -- -5.00
    MES (Share Price) 1.59 -1.27 -1.63 -16.57 -0.47 3.54 -- -5.18
    MVMESTR (Index) 5 2.15 -1.82 -0.33 -16.47 1.73 4.63 -- -4.23
    Performance Differential (NAV - Index) 0.21 -0.04 -0.03 -0.58 -1.14 -1.17 -- -0.77
  • Daily Holdings »Top 10 Holdings (%)  as of 08/31/16

    Total Holdings: 55
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Emirates Telecommunications Group Co Pj
    ETISALAT UH
    100,710
    541,5117.74
    Qatar National Bank Saq
    QNBK QD
    11,879
    531,6237.60
    Emaar Properties Pjsc
    EMAAR UH
    203,133
    392,2915.61
    National Bank Of Kuwait Sakp
    NBK KK
    189,714
    364,2895.21
    Kuwait Finance House Kscp
    KFIN KK
    176,446
    268,3893.84
    Industries Qatar Qsc
    IQCD QD
    8,559
    262,9843.76
    Petrofac Ltd
    PFC LN
    23,488
    255,7383.66
    Samsung Engineering Co Ltd
    028050 KS
    23,172
    232,7293.33
    Masraf Al Rayan Qsc
    MARK QD
    20,796
    216,9463.10
    First Gulf Bank Pjsc
    FGB UH
    65,139
    207,4632.97
    Top 10 Total (%)46.82
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 08/31/16

    • Country

      % of Net Assets
    • UAE

      35.09
    • QATAR

      32.60
    • Kuwait

      18.22
    • UNITED KINGDOM

      4.51
    • OMAN

      4.33
    • SOUTH KOREA

      3.33
    • UNITED STATES

      2.02
    • Other/Cash

      -0.09
  • Sector Weightings (%) as of 08/31/16

    • Sector

      % of Net Assets
    • Financials

      44.1
    • Telecommunication Services

      17.2
    • Industrials

      13.6
    • Real Estate

      12.7
    • Energy

      8.8
    • Materials

      1.5
    • Utilities

      1.3
    • Consumer Discretionary

      1.0
    • Other/Cash

      -0.1