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Description:Market Vectors Gulf States Index ETF (the "Fund") seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Dow Jones GCC Titans 40 Index (the "GCC Titans 40 Index"). The Fund normally invests at least 80% of its total assets in equity securities, which may include depositary receipts, of companies belonging to the Gulf Corporation Counsel (the "GCC"), primarily listed on an exchange in countries belonging to the GCC or that generate at least 50% of their revenues in countries belonging to the GCC. Such companies may include small- and medium-capitalization companies. Countries belonging to the GCC may include Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and Saudi Arabia.
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| Top Holdings | ||
|---|---|---|
| ZAIN KK | Mobile Telecommunications Co Ksc | 7.77% |
| NBK KK | National Bank Of Kuwait | 7.68% |
| EMAAR UH | Emaar Properties Pjsc | 7.36% |
| KFIN KK | Kuwait Finance House | 6.8% |
| NBAD UH | National Bank Of Abu Dhabi Pjsc | 5.36% |
| QNBK QD | Qatar National Bank Saq | 5.17% |
| FGB UH | First Gulf Bank Pjsc | 5.17% |
| DPW DU | Dp World Ltd | 4.38% |
| MARK QD | Masraf Al Rayan | 4.18% |
| QTEL QD | Qatar Telecom Qtel Q.S.C. | 3.78% |
| ADCB UH | Abu Dhabi Commercial Bank Pjsc | 3.98% |
| GBK KK | Gulf Bank Ksc | 3.5% |
Data is provided by Zacks Investment Research
