The DAXglobal® Russia+ Index (Bloomberg ticker: DXRPUS) rose 9.27 percent in September and gained 18.73 percent in the nine months ending September 30, 2007.*†
The Index is comprised of a basket of the securities of 38 Russian companies that have listings on global exchanges, either through a Depository Receipt (DR) or local Russian shares. The Index, launched in March 2007, includes many companies of global prominence including energy giants Lukoil, OAO Gazprom, and Surgutneftgaz, as well as steel manufacturing firms Mechel OAO and Evraz Group SA, mining firm JSC MMC Norilsk Nickel, and communications firms Mobile TeleSystems OJSC and Vimpel-Communications, and banking leader Sberbank.
The Market Vectors – Russia ETF (NYSE: RSX) is an exchange-traded fund that seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Index. The Fund generally holds all of the securities that comprise the Index in proportion to their weighting in the Index.
*Past performance does not guarantee future results. The Index’s return does not represent the performance of any fund. The Index charges no fees, including management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Investors cannot invest directly in the Index.
Please call 1.888.MKT.VCTR or visit www.vaneck.com/rsx for the most recent month-end performance of Market Vectors-Russia ETF.This information will be available no later than seven business days after the most recent month end.
†About the DAXglobal® Russia+ Index
Performance information presented for the Index covering the period prior to March 26, 2007 is based on hypothetical, back-tested data. Prior to March 26, 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 Index is intended to give investors an efficient way to track the movements of certain depository receipts and stocks of publicly traded companies that are domiciled in Russia and that are traded on leading global exchanges. It is calculated using a modified market capitalization weighting methodology. The Index is weighted based on the market capitalization of each of the component stocks, modified to conform to various asset diversification requirements, which are applied in conjunction with the scheduled quarterly adjustments to the Index. The value of the Index is disseminated every 15 seconds between the hours of approximately 9:30 a.m. and 4:15 p.m. Eastern Time. The Index is a total return index.
The DAXglobal® Russia+ Index, a trademark of Deutsche Börse AG, is licensed for use by Van Eck Associates Corporation in connection with the Fund. The Fund is not sponsored or endorsed by Deutsche Börse AG and the Deutsche Börse AG makes no warranty or representation as to the accuracy and/or completeness of the Index or results to be obtained by any person from use of the Index in connection with trading of the Fund.
Although Fund shares may be bought and sold in the secondary market through any brokerage account, Fund shares are not individually redeemable from the Fund. Investors may acquire Fund shares and tender them for redemption through the Fund only in large, specified blocks of shares.
The Fund is subject to risks associated with the stock market, index tracking, sector investing, investing in small- or mid-cap companies, replication management, non-diversified investments, absence of prior active market, trading issues, fluctuation of net asset value and risks of investing in Russian investments. Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/rsx for a free prospectus. Investors should consider the investment objective, risks, and charges and expenses of Market Vectors-Russia ETF carefully before investing. The prospectus contains this and other information about the Fund. Please read the prospectus carefully before investing.
About Exchange-Traded Funds
ETFs are passively managed baskets of securities that trade in a manner similar to stocks. They have grown in popularity as investment tools because of their relatively low expense ratios and the tax efficiency they offer compared to most mutual funds. Investors can buy and sell ETFs intra-day and they can hold them both long and short, offering the opportunity to prosper from both bear and bull markets.
About Deutsche Börse AG
Deutsche Börse Group offers more than a marketplace for trading shares and other securities. It is a transaction services provider with advanced technology to afford companies and investors access to global capital markets.
Deutsche Börse has a broader basis than any of its competitors. Its product and services mix cover the entire process chain: securities and derivatives trading, transaction settlement, provision of market information as well as the development and operation of electronic trading systems. With its process-oriented business model, Deutsche Börse increases capital markets efficiency. Issuers benefit from low capital costs and investors enjoy the advantages of high liquidity and low transaction costs.
About Van Eck Global
Founded in 1955, Van Eck Associates Corporation was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today the firm continues the 50+ year tradition by offering global investment choices in hard assets, emerging markets, precious metals including gold, and other specialized asset classes.
Van Eck mutual funds are sold nationwide through retail brokers, financial planners and investment advisors. Designed for investors seeking innovative choices for portfolio diversification, they are often categorized in asset classes having returns with low correlations to those of more traditional U.S. equity and fixed income investments.
Van Eck also offers exchange-traded funds, separate accounts and alternative investments. In addition, it offers the Worldwide Insurance Trust Funds, a series of investment choices within the variable annuity contracts and variable life policies of widely known and highly regarded insurers.
Contacts:
Mike MacMillan/Andrew Schiff, 212-473-4442
mike@macmillancom.com
