NEW YORK--(BUSINESS WIRE)--
Effective May 1, 2014, the Market Vectors RVE Hard Assets Producers ETF
will change its name to Market
Vectors Natural Resources ETF (NYSE Arca:HAP). This follows the
rebranding of the Fund's benchmark index from the RogersTM-Van
Eck Hard Assets Producers Index to the RogersTM-Van
Eck Natural Resources Index. The Index's methodology and underlying
constituents remain unchanged while the rebranding effort better aligns
the Index with the industry segment it seeks to represent.
The RogersTM-Van Eck Natural Resources Index
remains one of the most comprehensive global natural resources equities
indices. The Index comprises companies that are principally engaged in
the production and distribution of commodities and commodity-related
products and services in agriculture, energy, precious metals, base and
industrial metals, alternatives, and forest products.
"HAP is a broad-based ETF that can serve as the core of any natural
resources investment allocation," said Brandon Rakszawski, Product
Manager with Market Vectors ETFs. "Its comprehensive exposure may be
attractive to investors seeking long-term access to global companies
participating in the commodity segment."
HAP is one of 12 hard assets ETFs in the Market Vectors family, which
includes funds focused on specific segments of the hard assets markets
such as Agribusiness
ETF (MOO), Coal
ETF (KOL), Global
Alternative Energy ETF ( GEX ), Gold
Miners ETF ( GDX ), Junior
Gold Miners ETF ( GDXJ ), Oil
Services ETF (OIH), Rare
Earth/Strategic Metals ETF (REMX), Solar
Energy ETF (KWT), Steel
ETF (SLX), Unconventional
Oil & Gas ETF ( FRAK ) and Uranium+Nuclear
Energy ETF (NLR).
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 $23.4 billion in assets under management, as of March 31, 2014,
making it one of the largest in the U.S. and worldwide.
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.
The Market Vectors Natural Resources ETF is subject to various risks
including those associated with making investments in companies engaged
in producing and distributing hard assets and related products and
services, such as commodity price volatility, changes in government
policies/regulations and world political and economic developments.
Additional risks include competitive pressures, technological advances
and/or obsolescence, the depletion of resources, labor relations issues
and risks associated with foreign investments.
The RogersTM-Van Eck Natural Resources Index
(RVEIT) has been licensed by Van Eck Associates Corporation from
S-Network Global Indexes, LLC for use in connection with Market Vectors
Natural Resources ETF ( HAP ). HAP is not sponsored, endorsed, sold or
promoted by S-Network Global Indexes, LLC, which makes no representation
regarding the advisability of investing in HAP. "Jim Rogers," "James
Beeland Rogers, Jr.," and "Rogers," are trademarks, service marks and/or
registered trademarks of Beeland Interests, Inc. ("Beeland Interests"),
which is owned and controlled by James Beeland Rogers, Jr., and are used
subject to license. The personal names and likeness of Jim Rogers/James
Beeland Rogers, Jr. are owned and licensed by James Beeland Rogers, Jr.
HAP is not sponsored, endorsed, sold or promoted by Beeland Interests,
Inc. or James Beeland Rogers, Jr. Neither Beeland Interests nor James
Beeland Rogers, Jr. makes any representation or warranty, express or
implied, nor accepts any responsibility, regarding the accuracy or
completeness of this material, or the advisability of investing in
securities or commodities generally, or in HAP or in futures
BEELAND INTERESTS AND ITS AFFILIATES AND VAN ECK AND ITS AFFILIATES
SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR
INTERRUPTIONS, AND MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS
TO BE OBTAINED BY OWNERS OF HAP, OR ANY OTHER PERSON OR ENTITY FROM THE
USE OF RVEI. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL
BEELAND INTERESTS OR VAN ECK OR ANY OF THEIR RESPECTIVE AFFILIATES HAVE
ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT, PUNITIVE, SPECIAL OR
CONSEQUENTIAL DAMAGES OR LOSSES, EVEN IF NOTIFIED OF THE POSSIBILITY
Investors cannot invest directly in the Index.
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. You will incur
brokerage expenses when trading Fund shares in the secondary market.
Past performance is no guarantee of future results. Returns for actual
Fund investments may differ from what is shown because of differences in
timing, the amount invested, and fees and expenses.
Investing involves substantial risk and high volatility, including
possible loss of principal. An investor should consider the investment
objective, risks, charges and expenses of a Fund carefully before
investing. To obtain a prospectus and summary prospectus, which contain
this and other information, call 888.MKT.VCTR or visit
marketvectorsetfs.com. Please read the prospectus
prospectuscarefully before investing.
Not FDIC Insured — No Bank Guarantee — May Lose Value
Van Eck Securities Corporation, Distributor 335 Madison Avenue, New
York, NY 10017
Source: Market Vectors ETFs