This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Market Vectors Index Solutions Licenses Global Agribusiness And Global Solar Energy Indices To Van Eck

Stocks in this article: KWT MOO

Market Vectors Index Solutions GmbH (MVIS - today announced the licensing of Market Vectors Global Agribusiness Index (MVMOOTR) and Market Vectors Global Solar Energy Index (MVKWTTR) to Van Eck Global, the 5 th largest provider of exchange-traded products in the US and the 8 th largest globally. Beginning today MVMOOTR and MVKWTTR replace the previous index benchmarks of the Market Vectors Agribusiness ETF (NYSE Arca: MOO) and the Market Vectors Solar Energy ETF (NYSE Arca: KWT). MOO is currently the largest US-listed agribusiness exchange-traded fund (ETF) with USD 5.7 billion in assets under management.

“We are pleased to announce the licensing agreement with Van Eck”, said Lars Hamich, Chief Executive Officer at MVIS. “Both hard assets indices are in consistency with the high quality standards applied to all Market Vectors Indices which are specifically built for ETFs. Our pure-play methodology concept offers truly representative exposure to the respective index targets. Sophisticated capping models avoid overconcentration of constituents and offer well diversified indices. The most demanding liquidity screenings ensure that our indices are highly liquid, thus the ideal underlyings for ETFs.”

Market Vectors Global Agribusiness Index and Market Vectors Global Solar Energy Index are calculated as price and total return indices and are reviewed quarterly. Index history is available back to December 2006.

Market Vectors Global Agribusiness Index

Full Market Capitalisation (bn USD): 479.29

Number of Components: 48

Base Date/Base Value: 29.12.2006/1000

Top 5 Companies by Weighting: Syngenta (7.98%), Monsanto (7.98%), Deere & Co (7.08%), Potash Corporation of Saskatchewan (6.57%), Archer-Daniels-Midland (6.00%)

Market Vectors Global Solar Energy Index

Full Market Capitalisation (bn USD): 22.90

Number of Components: 33

Base Date/Base Value: 29.12.2006/1000

Top 5 Companies by Weighting: First Solar (8.58%), GCL-Poly Energy Holdings (6.91%), Wacker Chemie (6.59%), Advanced Energy Industries (6.30%), MEMC Electronic Materials (5.86%)

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs