News
Daily File interval change
23.07.2010 10:00
Dear User
So far we have been publishing the files with the index constituents and the corporate actions for everyone on our webpage. We have decided now - like many other index providers – to change this.
From the end of July on the constituent files be updated on a monthly basis. Market participants that actively trade the product can apply via our homepage to receive the daily files.
No change will occur to the publication of the quarterly index rebalancing.
4asset-management
The index team
So far we have been publishing the files with the index constituents and the corporate actions for everyone on our webpage. We have decided now - like many other index providers – to change this.
From the end of July on the constituent files be updated on a monthly basis. Market participants that actively trade the product can apply via our homepage to receive the daily files.
No change will occur to the publication of the quarterly index rebalancing.
4asset-management
The index team
New Market Vectors TM Latin America Index
24.03.2010 09:00
Index provides investors with focused exposure to the small-cap Latin-America equity markets
4asset-management has launched the Market Vectors Latin-America Small-Cap Price Return (ticker: MVLATM) and Market Vectors Latin-America Small-Cap Total Return indices. The indices invest in small-capitalisation companies listed in freely investable markets primarily in Latin America. They are calculated real-time on the Structured-Solutions platform. The Index is calculated with the stock prices converted to U.S. Dollars.
MVLATM is a rules-based index intended to give investors a means of tracking the overall performance of companies that are domiciled and primarily listed in Latin America or offshore listings outside the continent that are expected to generate at least 50% of their revenues in Latin America.
MVLATM will include only common stocks and stocks with similar characteristics. Companies covering the top 90% of the full market capitalisation are excluded.
Any stocks which have had 10 or more non-trading days in a three month period prior to a quarterly review are eligible for inclusion in the index. The index is free-float adjusted – the number of shares outstanding is reduced to exclude closely held shares from the index calculation. In addition, stocks must meet strict size and liquidity requirements, e.g. a full market capitalisation larger than USD 150 million, a three months average-daily-trading volume of at least USD 1 million and a monthly trading volume of at least 250,000 shares over the last six months.
4asset-management has launched the Market Vectors Latin-America Small-Cap Price Return (ticker: MVLATM) and Market Vectors Latin-America Small-Cap Total Return indices. The indices invest in small-capitalisation companies listed in freely investable markets primarily in Latin America. They are calculated real-time on the Structured-Solutions platform. The Index is calculated with the stock prices converted to U.S. Dollars.
MVLATM is a rules-based index intended to give investors a means of tracking the overall performance of companies that are domiciled and primarily listed in Latin America or offshore listings outside the continent that are expected to generate at least 50% of their revenues in Latin America.
MVLATM will include only common stocks and stocks with similar characteristics. Companies covering the top 90% of the full market capitalisation are excluded.
Any stocks which have had 10 or more non-trading days in a three month period prior to a quarterly review are eligible for inclusion in the index. The index is free-float adjusted – the number of shares outstanding is reduced to exclude closely held shares from the index calculation. In addition, stocks must meet strict size and liquidity requirements, e.g. a full market capitalisation larger than USD 150 million, a three months average-daily-trading volume of at least USD 1 million and a monthly trading volume of at least 250,000 shares over the last six months.
| Ticker symbols | MVLATM Price index ticker | MVLATM TRN index ticker |
| Reuters RIC | .MVLATM | .MVLATMTR |
| Bloomberg Ticker | MVLATM | MVLATMTR |
| ISIN | DE000A1CRBM9 | DE000A1CRBN7 |
| WKN | A1CRBM | A1CRBN |
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.
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.
Change in index calculation agent
10.11.2009 02:00
4 Asset-Management announced changes today in its family of Market Vectors Indexes. From November 24, 2009, all indices will be calculated by S-BOX, the index platform of Structured Solutions AG.
This means that the calculation agent for the following indices changes from S&P Custom Indices to S-Box:
The change requires also a change of the link to the daily composition file which can be found in the „Constituents“-sections of each index profile on the hompage of 4asset-management (see screenshot).
Additionally, the Bloomberg ticker symbols for the total return indexes of all 4asset-management Market Vectors-Indexes will be changed as well:
Five of these indexes are licensed by Van Eck Global for the use of exchange-traded funds.
These changes will be effective as of the open of trading on 24. November, 2009.
Press release as PDF
This means that the calculation agent for the following indices changes from S&P Custom Indices to S-Box:
- Market Vectors Brazil Small-Cap Index
- Market Vectors Indonesia Index
- Market Vectors Vietnam Index
- Market Vectors Emerging Europe (ex Russia) Index
The change requires also a change of the link to the daily composition file which can be found in the „Constituents“-sections of each index profile on the hompage of 4asset-management (see screenshot).
Additionally, the Bloomberg ticker symbols for the total return indexes of all 4asset-management Market Vectors-Indexes will be changed as well:
Five of these indexes are licensed by Van Eck Global for the use of exchange-traded funds.
These changes will be effective as of the open of trading on 24. November, 2009.
Press release as PDF
New Market Vectors TM Goldminers Index
17.09.2009 03:00
Index provides investors with focused exposure to the small-cap gold mining equity markets
4asset-management has launched the Market Vectors Junior Gold Miners Price Return (ticker: MVGDXJ) and Market Vectors Junior Gold Miners Total Return (ticker: VEMVGDXJ) indices. The indices invest in small-capitalisation gold and silver mining companies listed in freely investable markets around the world. They are calculated real-time on the S-BOX platform.
Investor interest in junior mining companies has increased recently as gold spot prices continue to rise on the back of investor demand. In recent years, global gold production has declined as geology has made it tougher for established mines to continue to produce gold at rates needed to meet demand. Junior miners employ new geologic models to explore for and develop new sources of gold in old or overlooked properties making them an important segment of the mining industry as they have the potential to become the suppliers of incremental supply for larger operations or targets for acquisition.
Please read our full press release.
4asset-management has launched the Market Vectors Junior Gold Miners Price Return (ticker: MVGDXJ) and Market Vectors Junior Gold Miners Total Return (ticker: VEMVGDXJ) indices. The indices invest in small-capitalisation gold and silver mining companies listed in freely investable markets around the world. They are calculated real-time on the S-BOX platform.
Investor interest in junior mining companies has increased recently as gold spot prices continue to rise on the back of investor demand. In recent years, global gold production has declined as geology has made it tougher for established mines to continue to produce gold at rates needed to meet demand. Junior miners employ new geologic models to explore for and develop new sources of gold in old or overlooked properties making them an important segment of the mining industry as they have the potential to become the suppliers of incremental supply for larger operations or targets for acquisition.
Please read our full press release.Market Vectors TM Brazil Small-Cap: A new equity benchmark to accurately track Brazil
14.05.2009 10:00
Today 4asset-management has launched the Market Vectors TM Brazil Small-Cap Index (MVRIO). It is designed to give investors exposure to domestic investment themes and opportunities, such as the growth potential in Brazil’s homebuilding and consumer goods sectors. MVRIO is well diversified and gives less weighting to heavy commodities and materials like other Brazil-focused indices.
While Energy and Materials account for more than 50 percent of the weighting in the typical Brazil-focused index as of April 30th of this year, the same sector made up just 17 % of MVRIO at that same time. Top industry weightings of MVRIO e.g. included Homebuilding (15%), Packaged Foods and Meats (8%) and Electric Utilities (7%).
The index performance is remarkable, too. YTD the MVRIO (price index) performed 52%, more than 15 percentage points better than other (more large-cap dominated) indices on Brazilian equities.
MVRIO is calculated and maintained by Standard & Poor’s® on behalf of 4asset-management GmbH. At April 30, the Index had an average full market cap of 1.2 billion USD and an average of 610 million USD float market cap.
Details can be obtained here.
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 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.
While Energy and Materials account for more than 50 percent of the weighting in the typical Brazil-focused index as of April 30th of this year, the same sector made up just 17 % of MVRIO at that same time. Top industry weightings of MVRIO e.g. included Homebuilding (15%), Packaged Foods and Meats (8%) and Electric Utilities (7%).
The index performance is remarkable, too. YTD the MVRIO (price index) performed 52%, more than 15 percentage points better than other (more large-cap dominated) indices on Brazilian equities.
MVRIO is calculated and maintained by Standard & Poor’s® on behalf of 4asset-management GmbH. At April 30, the Index had an average full market cap of 1.2 billion USD and an average of 610 million USD float market cap.
Details can be obtained here.
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 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.
New index family
20.01.2009 10:00
We are proud to present the first three members of our new Market VectorsTM index family covering Indonesia, Vietnam and Emerging Europe.
Despite the current difficult situation of the global economy we think these markets are still among the fastest growing markets in the world. We believe they still offer investment potential for those looking to gain exposure to these regions.
Launched on November 24, 2008 these indices have been licensed to a US-ETF provider and products tracking them are expected in the near future. Subscribe to our Market Vectors Indices Newsfeed to stay up to date on these product launches as well as other news-worthy information.
For more information on each index, including daily data updates, visit these web sites:
Market Vectors Indonesia Index
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 Indonesia 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.
Despite the current difficult situation of the global economy we think these markets are still among the fastest growing markets in the world. We believe they still offer investment potential for those looking to gain exposure to these regions.
Launched on November 24, 2008 these indices have been licensed to a US-ETF provider and products tracking them are expected in the near future. Subscribe to our Market Vectors Indices Newsfeed to stay up to date on these product launches as well as other news-worthy information.
For more information on each index, including daily data updates, visit these web sites:
Market Vectors Indonesia Index
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 Indonesia 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.