Company Website:
http://www.vaneck.com
NEW YORK -- (Business Wire)
The Market Vectors ETF Trust announced today the December 2013
additional income distributions per share for the Market Vectors
Agribusiness ETF and Market Vectors Brazil Small-Cap ETF.
The following dates apply to today’s distribution declarations:
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| Record Date |
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| Payable Date |
December 27, 2013
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December 31, 2013
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January 3, 2014
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Distribution
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Distribution
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Amount
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Fund
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Ticker
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Frequency
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Per Share__
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Market Vectors Agribusiness ETF
| | | | | MOO | | | | |
Special
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$0.1120
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Market Vectors Brazil Small-Cap ETF
| | | | | BRF | | | | |
Special
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$0.0180
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The majority, and possibly all, of these distributions will be paid out
of net investment income earned by the Funds. A portion of this
distribution may come from net short-term realized capital gains or
return of capital.
The amount of dividends paid by each fund may vary from time to time.
Past amounts of dividends are no guarantee of future dividend payment
amounts.
Market Vectors does not provide legal, tax or accounting advice. Any
statement contained in this communication concerning U.S. tax matters is
not intended or written to be used, and cannot be used, for the purpose
of avoiding penalties imposed on the relevant taxpayer. Shareholders or
potential shareholders of the Market Vectors ETFs should obtain their
own independent tax advice based on their particular circumstances.
About Market Vectors ETFs
Market Vectors exchange-traded products have been offered since 2006 and
span many asset classes, including equities, fixed income (municipal and
international bonds) and currency markets. The Market Vectors family
totaled $22.5 billion in assets under management, making it the seventh
largest ETP family in the U.S. and 10th largest worldwide as
of November 30, 2013.
Market Vectors ETFs are sponsored by Van Eck Global. Founded in 1955,
Van Eck Global was among the first U.S. money managers helping investors
achieve greater diversification through global investing. Today, the
firm continues this tradition by offering innovative, actively managed
investment choices in hard assets, emerging markets, precious metals
including gold, and other alternative asset classes. Van Eck Global has
offices around the world and managed approximately $31.2 billion in
investor assets as of November 30, 2013.
Please call 888.MKT.VCTR or visit our website
for the most recent month-end performance of Market Vectors ETFs. This
information will be available no later than seven business days after
the most recent month end.
The principal risks of investing in Market Vectors Equity ETFs include
sector, market, economic, political, foreign currency, world event,
index tracking and non-diversification risks, as well as fluctuations in
net asset value and the risks associated with investing in less
developed capital markets. The Funds may loan their securities, which
may subject them to additional credit and counterparty risk. Please
see the Prospectus and Summary Prospectus of each Fund for more complete
information regarding its specific risks.
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.
The “net asset value” (NAV) of an ETF is determined at the close of each
business day, and represents the dollar value of one share of the ETF;
it is calculated by taking the total assets of an ETF subtracting total
liabilities, and dividing by the total number of shares outstanding. The
NAV is not necessarily the same as an ETF's intraday trading value.
Investors should not expect to buy or sell shares at NAV. Total returns
are based upon closing “market price” (price) of the ETF on the dates
listed.
Investors may call 888.MKT.VCTR or visit marketvectorsetfs.com
for a free prospectus
and summary
prospectus.Investing involves risk, including
possible loss of principal. An investor should consider the investment
objective, risks, and charges and expenses of Market Vectors ETFs
carefully before investing. The prospectus and summary prospectus
contains this and other information. Please read the prospectus and
summary prospectus carefully before investing.
Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New
York, NY 10017
Contacts:
MacMillan Communications
Mike MacMillan/Chris Sullivan
212-473-4442
chris@macmillancom.com
Source: Market Vectors ETF Trust
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