Dec 2009
Quarterly review Results (December 2009) - Important amendment for MVGDXJ
14.12.2009 02:00
Frankfurt (December 14, 2009). Due to minor changes to the announced rebalancing of MVGDXJ we have posted a new excel-file for the index review.
The changes affect only one constituent that would have been subject to be added to the index.
The changes will be applied with the other announced changes by next Friday, December 18, and will be effective the next trading day (December 21).
The new file can be downloaded here:
New XLS-file for MV index rebalancing
The changes affect only one constituent that would have been subject to be added to the index.
The changes will be applied with the other announced changes by next Friday, December 18, and will be effective the next trading day (December 21).
The new file can be downloaded here:
New XLS-file for MV index rebalancing
India Small Cap and Kuwait: Two new Market VectorsTM Indices
10.12.2009 01:34
Two new benchmarks on fast growing markets
Today 4asset-management launched the Market VectorsTM India Small Cap Index (MVSCIF) and the Market VectorsTM Kuwait Index (MVKUWT). The indices are designed to give investors exposure another two fast growing markets in Asia and the Middle East.
MVKUWT and MVSCIF are reviewed every quarter and track the performance of the most liquid companies that generate a significant portion of their revenues in India or Kuwait. It includes both local listings and offshore listings:
- Local listings are companies that are incorporated in the country and have their primary listing on the home market.
- Offshore listings are companies that generate at least 50% of their revenues in the country.
To ensure the index portfolio diversity, individual companies are capped quarterly at maximum weights of 8% in the index. Both indices are available as price and total return index.
The Market VectorsTM India Small Cap Index and the Market VectorsTM India Kuwait Index are calculated and maintained by Structured Solutions (S-Box) on behalf of 4asset-management GmbH.
More details can be either obtained on the website profile of every index:
or through the vendors of financial data:
| Ticker symbols | MVSCIF Price index ticker | MVSCIF TRN index ticker |
| Reuters RIC | .MVSCIF | .MVSCIFTR |
| Bloomberg Ticker | MVSCIF | MVSCIFTR |
| ISIN | DE000A1CQ9A3 | DE000A1CQ9B1 |
| WKN | A1CQ9A | A1CQ9B |
| Ticker symbols | MVKUWT Price index ticker | MVKUWT TRN index ticker |
| Reuters RIC | .MVKUWT | .MVKUWTTR |
| Bloomberg Ticker | MVKUWT | MVKUWTTR |
| ISIN | DE000A1CQ9R7 | DE000A1CQ9S5 |
| WKN | A1CQ9R | A1CQ9S |
The "Market Vectors™" trademark has been licensed by Van Eck Associates Corporation (“Van Eck™”) to 4asset-management GmbH solely for use in connection with Market Vectors Vietnam Index, Market Vectors India Small Cap Index, Market Vectors Kuwait Index, Market Vectors Egypt Index, Market Vectors Junior Gold Miners Index, Market Vectors Poland Index, Market Vectors Indonesia Index, Market Vectors Brazil Small-Cap Index and Market Vectors Emerging Europe ex-Russia Index. Van Eck makes no representation or warranty, express or implied, nor accepts any responsibility, regarding the accuracy or completeness of this website or the indexes. VAN ECK AND ITS AFFILIATES SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS, AND MAKES NO WARRANTY, EXPRESS OR IMPLIED, WITH RESPECT TO THE INDEXES. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL VAN ECK OR ANY OF ITS AFFILIATES HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES OR LOSSES, EVEN IF NOTIFIED OF THE POSSIBILITY THEREOF.
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.
Download further details on the rebalancing (MS Excel).Download the revised index guide.The new Market Vectors TM Egypt Index
03.12.2009 10:00
A new barometer for the dynamic Egyptian stock market
Today 4asset-management launched the Market Vectors TM Egypt Index (MVEGPT). It is designed to give investors exposure to one of the most established and fast growing markets in the middle east.
MVEGPT is reviewed every quarter and tracks the performance of some of the largest and most liquid companies that generate a significant portion of their revenues in Egypt. It includes both local listings and offshore listings:
- Local listings are companies that are incorporated in Egypt and have their primary listing in Egypt.
- Offshore listings are companies that generate at least 50% of their revenues in Egypt.
To ensure the index portfolio diversity, individual companies are capped quarterly at maximum weights in the index – Egyptian companies are capped at 8% and Offshore companies are capped at 4.5%.
The Index was launched on December 3, 2009 with a base index value of 1000 as of December 29, 2005. As of December 3, the index consisted of 28 companies (27 Egyptian companies and one Offshore company) and provides a broad representation of Egypt's equity market. The largest three companies in the index were Orascom Construction (8.00%), Commercial International Bank (8.00%) and Orascom Telecom. The top three sectors were Financials: 42.3%, Telecom (17.0%) and Industrials (15.0%).
The index performance reflects the high potential of Egypt. Year-to-date the MVEGPT (price index) performed + 30% and the MVEGPTTR (Total Return index) performed +35,8% (as of November 30). As of December 3, the index had a total market capitalisation of 46 billion USD and an average market capitalisation of 1.6 billion USD.
Market Vectors TM Egypt Index is calculated and maintained by Structured Solutions (S-Box) on behalf of 4asset-management GmbH.
More details can be obtained on the MVEGPT website profile of 4asset-management.
| Ticker symbols | MVEGPT Price index ticker | MVEGPT TRN index ticker |
| Reuters RIC | .MVEGPT | .MVEGPTTR |
| Bloomberg Ticker | MVEGPT | MVEGPTTR |
| ISIN | DE000A1CQ9C9 | DE000A1CQ9D7 |
| WKN | A1CQ9C | A1CQ9D |
The "Market Vectors™" trademark has been licensed by Van Eck Associates Corporation (“Van Eck™”) to 4asset-management GmbH solely for use in connection with Market Vectors Vietnam Index, Market Vectors Egypt Index, Market Vectors Junior Gold Miners Index, Market Vectors Poland Index, Market Vectors Indonesia Index, Market Vectors Brazil Small-Cap Index and Market Vectors Emerging Europe ex-Russia Index. Van Eck makes no representation or warranty, express or implied, nor accepts any responsibility, regarding the accuracy or completeness of this website or the indexes. VAN ECK AND ITS AFFILIATES SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS, AND MAKES NO WARRANTY, EXPRESS OR IMPLIED, WITH RESPECT TO THE INDEXES. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL VAN ECK OR ANY OF ITS AFFILIATES HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES OR LOSSES, EVEN IF NOTIFIED OF THE POSSIBILITY THEREOF.