Market Vectors Announces Reverse Share Split Of Seven ETFs
Market Vectors ETF Trust announced today that its Board of Trustees has approved reverse share splits of seven ETFs.
The effective date of the split will be at market open on July 1, 2013. The Funds will continue to trade on the NYSE Arca under their current ticker symbols, but their current CUSIP numbers will be discontinued and the Funds’ new CUSIP numbers will be as follows, effective July 1, 2013.
Market Vectors ETF
|Ticker||Old CUSIP||New CUSIP||Split Ratio|
|Market Vectors Global Alternative Energy ETF||GEX||57060U407||57061R593||1-for-3|
|Market Vectors Russia Small-Cap ETF||RSXJ||57060U399||57061R585||1-for-3|
|Market Vectors Uranium+Nuclear Energy ETF||NLR||57060U704||57061R577||1-for-3|
|Market Vectors Egypt Index ETF||EGPT||57060U548||57061R569||1-for-4|
|Market Vectors India Small-Cap Index ETF||SCIF||57060U563||57061R551||1-for-4|
|Market Vectors Junior Gold Miners ETF||GDXJ||57060U589||57061R544||1-for-4|
|Market Vectors Rare Earth/Strategic Metals ETF||REMX||57060U472||57061R536||1-for-4|
The Depository Trust Company (“DTC”), the registered owner of all Fund shares, has been notified of the reverse share splits and has been instructed to adjust each shareholder’s investment accordingly.
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