Market Vectors ETFs today announced changes to its Market Vectors® LatAm Aggregate Bond ETF (NYSE Arca:BONO®). On or about December 10, 2013, BONO will change its ticker, fund name, and investment strategy, and will be renamed the Market Vectors® Emerging Markets Aggregate Bond ETF (NYSE Arca:EMAG) to reflect its new investment objective which will be to seek to track, before fees and expenses, the price and yield performance of the Market Vectors® EM Aggregate Bond Index (MVEMAG). Fund shareholders are not required to take any action with respect to the foregoing . The MVEMAG index includes the four major categories of emerging markets bonds: U.S. dollar and Euro denominated sovereigns, local currency sovereigns, U.S. dollar and Euro denominated corporates, and local currency corporates. Additionally, the index is expected to continue to include Latin American debt as an important component, and will include Asian, Eastern European, Middle Eastern, and African debt as well. “By changing BONO to EMAG, we are seeking to introduce an efficient means for investors to gain access to a broad exposure of emerging markets bonds in a single ETF,” said Ed Lopez, Marketing Director with Market Vectors ETFs. “A key feature of the MVEMAG index is that it has a relatively balanced exposure to both local currency and hard currency debt,” added Mr. Lopez. “We expect that this will allow the ETF to maintain broadly diversified exposure within the emerging markets debt universe, presenting an attractive option to investors who are not able to devote significant resources to researching currencies and credit ratings.” Van Eck’s Market Vectors ETF family also includes Emerging Markets High Yield Bond ETF (NYSE Arca:HYEM), Emerging Markets Local Currency Bond ETF (NYSE Acra:EMLC), and Renminbi Bond ETF (NYSE Arca:CHLC). EMAG is expected to have a gross expense ratio of 1.26 percent and a net expense ratio of 0.49 percent, which are the same expense ratios currently associated with BONO. Van Eck Global, which sponsors the Market Vectors family of ETFs, has agreed to waive fees and/or pay EMAG’s expenses to prevent the operating expenses of the Fund (excluding certain expenses, such as interest) from exceeding 0.49 percent of the fund’s average daily net assets per year until at least September 1, 2015.