Quarterly review Results (December 2009)
10.12.2009 10:00
Frankfurt (December 10, 2009)
4asset-management today announced the results of the regular quarterly review of the Market Vectors Indexes maintained by the company. At the same time 4asset-management annouced a change to rulebook with regard to the liquidity criteria of existing and potential index components.
The changes of the index components will be implemented after the close of trading on Friday, December 18, 2009 and effective the next trading day. The next review takes place on Friday, March 19, 2010.
The changes in detail:
MVGDXJ
The first quarterly review for the MVGDXJ resulted in 18 additions which increases the number of components to 56.
The following components will be added:
MVRIO
The fourth review produced 14 additions and five deletions from the Market VectorsTM Brazil Small-Cap Index (MVRIO). The number of index components will therefore increase to 64.
The following components will be added:
The following component will be replaced:
MVVNM
The fourth quarterly review produced two additions to the Market VectorsTM Vietnam Index (MVVNM). The number of 29 index components will increase to 31.
The following components will be added:
MVPLND
The first quarterly review produced two additions and two deletions to the Market VectorsTM Poland Index (MVPLND). The number index components will remain constant at 26.
The following components will be added:
The following components will be replaced:
MVINDO
The fourth quarterly review of the Market VectorsTM Indonesia Index produced no changes to the index components. The number of components remains at 27 constituents.
MVEGPT
The recently launched Market VectorsTM Egypt Index will be first reviewed in Q1, 2010.
Changes to the rulebook
A minor change will be applied to paragraph 3.2 of the MV index rulebook, effective for the Q1-review in 2010: Companies that are currently not in the index are required to meeting the liquidity requirements over three quarters now instead of just one quarter and companies that are currently in the index are required to meet the liquidity screens once during the previous three quarters.
Download further details on the rebalancing (MS Excel).
Download the revised index guide.
4asset-management today announced the results of the regular quarterly review of the Market Vectors Indexes maintained by the company. At the same time 4asset-management annouced a change to rulebook with regard to the liquidity criteria of existing and potential index components.
The changes of the index components will be implemented after the close of trading on Friday, December 18, 2009 and effective the next trading day. The next review takes place on Friday, March 19, 2010.
The changes in detail:
MVGDXJ
The first quarterly review for the MVGDXJ resulted in 18 additions which increases the number of components to 56.
The following components will be added:
| CGA MINING LTD | AU000000CGX8 | AU |
| EXETER RESOURCE CORP | CA3018351047 | CA |
| PERSEUS MINING LTD | AU000000PRU3 | AU |
| GOLD RESOURCE CORP | US38068T1051 | US |
| GUYANA GOLDFIELDS INC | CA4035301080 | CA |
| RESOLUTE MINING LTD | AU000000RSG6 | AU |
| ANATOLIA MINERALS DEVELOPMNT | CA0329001022 | US |
| INTL TOWER HILL MINES LTD | CA46051L1040 | CA |
| FIRST MAJESTIC SILVER CORP | CA32076V1031 | CA |
| GREYSTAR RESOURCES LTD | CA3979132030 | CA |
| PREMIER GOLD MINES LTD | CA74051D1042 | CA |
| DUNDEE PRECIOUS METALS INC | CA2652692096 | CA |
| JINSHAN GOLD MINES INC | CA47758X1024 | CA |
| ENDEAVOUR SILVER CORP | CA29258Y1034 | CA |
| TERRANE METALS CORP | CA88103A1084 | CA |
| FOCUS MINERALS LTD | AU000000FML4 | AU |
| HIGHLAND GOLD MINING LTD | GB0032360173 | GB |
| DRDGOLD LTD | ZAE000058723 | ZA |
MVRIO
The fourth review produced 14 additions and five deletions from the Market VectorsTM Brazil Small-Cap Index (MVRIO). The number of index components will therefore increase to 64.
The following components will be added:
| IGUATEMI EMP DE SHOPPING | BRIGTAACNOR5 | BR |
| CIA HERING | BRHGTXACNOR9 | BR |
| TIVIT TERCEIRIZACAO DE TECNO | BRTVITACNOR4 | BR |
| KROTON EDUCACIONAL SA | BRKROTCDAM11 | BR |
| BRASIL BROKERS PARTICIPACOES | BRBBRKACNOR4 | BR |
| MARCOPOLO SA-PREF | BRPOMOACNPR7 | BR |
| CONTAX PARTICIPACOES-PREF | BRCTAXACNPR0 | BR |
| DROGASIL SA | BRDROGACNOR1 | BR |
| CIA ENERGETICA DO CEARA-PR A | BRCOCEACNPA3 | BR |
| BANCO ABC BRASIL SA | BRABCBACNPR4 | BR |
| EVEN CONSTRUTORA E INCORPORA | BREVENACNOR8 | BR |
| SAO PAULO ALPARGATAS SA-PREF | BRALPAACNPR7 | BR |
| CIA DE GAS DE SAO PAULO-PR A | BRCGASACNPA3 | BR |
| TECNISA SA | BRTCSAACNOR3 | BR |
The following component will be replaced:
| DURATEX SA | BRDTEXACNOR3 | BR |
| GVT HOLDING SA | BRGVTTACNOR8 | BR |
| MARFRIG ALIMENTOS SA | BRMRFGACNOR0 | BR |
| GOL LINHAS AEREAS - PREF | BRGOLLACNPR4 | BR |
| PDG REALTY SA | BRPDGRACNOR8 | BR |
MVVNM
The fourth quarterly review produced two additions to the Market VectorsTM Vietnam Index (MVVNM). The number of 29 index components will increase to 31.
The following components will be added:
| DEVELOPMENT INVEST CONSTRUCT | VN000000DIG8 | VN |
| PETROVIETNAM CONSTRUCTION CO | VN000000PVX0 | VN |
MVPLND
The first quarterly review produced two additions and two deletions to the Market VectorsTM Poland Index (MVPLND). The number index components will remain constant at 26.
The following components will be added:
| NETIA SA | PLNETIA00014 | PL |
| NG2 SA | PLCCC0000016 | PL |
The following components will be replaced:
| POLNORD SA | PLPOLND00019 | PL |
| LC CORP SA | PLLCCRP00017 | PL |
MVINDO
The fourth quarterly review of the Market VectorsTM Indonesia Index produced no changes to the index components. The number of components remains at 27 constituents.
MVEGPT
The recently launched Market VectorsTM Egypt Index will be first reviewed in Q1, 2010.
Changes to the rulebook
A minor change will be applied to paragraph 3.2 of the MV index rulebook, effective for the Q1-review in 2010: Companies that are currently not in the index are required to meeting the liquidity requirements over three quarters now instead of just one quarter and companies that are currently in the index are required to meet the liquidity screens once during the previous three quarters.
