Effective on or about September 21, 2012, the Market Vectors Coal ETF (NYSE Arca: KOL) will begin tracking a new benchmark, the Market Vectors Global Coal Index (MVKOL). At the same time, the Market Vectors Gaming ETF (NYSE Arca: BJK) will also begin tracking a new benchmark, the Market Vectors Global Gaming Index (MVBJK). Both indexes employ the Market Vectors index methodology that focuses on investability. This methodology is shared by the benchmark indexes of several other Market Vector ETFs, including Brazil Small-Cap (BRF), Indonesia (IDX), Junior Gold Miners (GDXJ), Oil Services (OIH), Russia (RSX), Semiconductor (SMH), and Vietnam (VNM). “We expect that KOL and BJK will become more diversified as a result of these changes,” said Ed Lopez, Marketing Director at Van Eck Global. “They will continue, however, to offer pure play global exposure. Consistent with the Market Vectors index methodology, these indexes have limits on individual holdings which help to avoid overconcentration in a few large holdings.” Both MVKOL and MVBJK are rules-based, modified-capitalization-weighted, float-adjusted indexes. These indexes seek to track the performance of the largest and most liquid global companies in their respective industries. Each provides 90 percent market coverage of their investable universe based on strict size and liquidity requirements. The pure-play nature of the two indexes requires that constituent companies must generate at least 50 percent of their revenues from the industry they seek to track. Also, constituents are capped at an 8 percent weighting, a key change from the indexes that had previously served as the funds’ benchmarks. MVKOL and MVBJK were developed, and are published by Market Vectors Index Solutions GmbH (MVIS), a Germany-based wholly owned subsidiary of Van Eck Associates Corporation. MVIS develops, markets and licenses Market Vectors indexes. In total, approximately $7.0 billion in assets under management are linked to exchange-traded products using Market Vectors indexes, as of June 30, 2012. Detailed information regarding MVIS is available at www.marketvectorsindices.com. About Market Vectors Market Vectors exchange-traded products have been offered since 2006 and span many asset classes, including equities, fixed income (municipal and international bonds) and currency markets. The Market Vectors family currently totals $23.6 billion in assets under management, making it the fifth largest ETF family in the U.S. and the eighth largest worldwide as of June 30, 2012.
Market Vectors ETFs are sponsored by Van Eck Global. Founded in 1955, Van Eck Global was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today, the firm continues this tradition by offering innovative, actively managed investment choices in hard assets, emerging markets, precious metals including gold, and other alternative asset classes. Van Eck Global has offices around the world and manages approximately $32.0 billion in investor assets as of June 30, 2012.Disclosures The Market Vectors Coal ETF is subject to various risks including those associated with making investments in companies engaged in the coal business such as changes in exchange rates, interest rates, government regulations, world events, depletion of resources and economic conditions, as well as market, economic and political risks of the countries where energy companies are located or do business. Additional risks include worldwide energy price fluctuations, natural disasters, environmental damage claims and risks related to foreign investments. The Fund may loan its securities, which may subject it to additional credit and counterparty risk. The Market Vectors Gaming ETF is subject to various risks including those associated with making investments in companies engaged in the gaming business such as competitive pressures, changes in government regulation, world events and economic conditions. Additional risks include legislative changes, high correlation within the industry, changes in consumer taste and risks related to foreign investments. The Fund may loan its securities, which may subject it to additional credit and counterparty risk. Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market.
Investing involves risk, including possible loss of principal. An investor should consider the investment objective, risks, and charges and expenses of the investment carefully before investing. To obtain a summary prospectus and prospectus, which contain this and other information, call 888.MKT.VCTR or visit vaneck.com/etf. Please read the summary prospectus and prospectus carefully before investing.Van Eck Securities Corporation, Distributor, 335 Madison Avenue, New York, NY 10017