Market Vectors Index Solutions GmbH (MVIS - www.marketvectorsindices.com) today announced the licensing of the Market Vectors Global Coal Index and Market Vectors Global Gaming Index to Van Eck Global, the 5 th largest provider of exchange traded products in the US and the 8 th largest globally. The indices are underlying the Market Vectors Global Coal ETF (NYSE Arca: KOL) and the Market Vectors Global Gaming ETF (NYSE Arca: BJK) which began tracking the indices on 24 September 2012.
“We are pleased to have licensed another Sector and Hard Assets index to Van Eck,” said Lars Hamich, Chief Executive Officer at MVIS. “Market Vectors Global Coal Index and Market Vectors Global Gaming Index provide the basis for pure-play ETF exposure because the indices are entirely comprised of companies that generate at least 50% of their revenues from the global coal or global gaming segment. Moreover, we are convinced that our indices are in particular suited to underlie ETFs because we have the most stringent liquidity rules amongst index providers which makes the indices highly investable,” said Mr. Hamich.
|Market Vectors Global Coal Index (MVKOL)|
|Full Market Capitalisation: USD 121.52 billion|
|Top 5 Companies by Weighting: China Shenhua Energy (7.93%), Consol Energy (7.82%), Peabody Energy (6.87%), Joy Global (6.69%), QR National (5.84%).|
|Market Vectors Global Gaming Index (MVBJK)|
|Full Market Capitalisation: USD 245.66 billion|
|Top 5 Companies by Weighting: Las Vegas Sands (8.05%), Wynn Resorts (7.38), Sands China (7.27%), Genting Singapore (5.52%), Genting Berhard (5.23%).|
|(Opening data, 24 September 2012)|
Detailed information about Market Vectors Global Coal Index and Market Vectors Global Gaming Index and the full range of Market Vectors Indices, including methodology details and comprehensive data is available on www.marketvectorsindices.com.
Please subscribe here to receive full data access www.marketvectorsindices.com/#Register.Note to Editors: About Market Vectors Index Solutions GmbH
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV