Basic Fund Data
Fund Provider:	Van Eck Associates
Asset Class:	Equity
Fund Category:	Global Industry Sector
Ticker:	GEX
Expense Ratio:	0.62%
Fund Category Expense Ratio Average:	0.62%
Options:	Yes
Fund Inception Date:	05-03-2007
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Non-diversified Fund Rules
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:
Basic Index Data
Index Name:	Ardour Global Index (Extra Liquid)
Index Provider:	Ardour Global Indexes
No of Index Holdings:	Under 100
Explanation of Index Strategy
Security Selection Category:	Screened
Security Selection Method:	Thematic
Security Selection Frequency:	Semi-annual
Index Weighting Category:	Capitalization
Index Weighting Method:	Capped/Constrained
Index Weighting Frequency:	Annual

Market Price Return
1-Year:	2.07%
3-Year annualized:
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:	-0.43
2008:	-60.98
2007:
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$207.9
P/E Ratio:	20.22
P/B Ratio:	2.1
Median Market Cap:	$4006.9
12-month yield:	0.6%
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	0.88
Beta:	1.88
Standard Deviation:	13.71
Sharpe Ratio:
Data as of 10/31/09

Index Snapshot:

The Market Vectors Global Alternative Energy ETF (Ticker: GEX) seeks investment results that correspond generally to the performance, before fees and expenses, of the Ardour Global Index (Extra Liquid). The index is a 30 stock, capitalization-weighted, float adjusted index and is balanced quarterly to ensure compliance with the diversification requirements of Subchapter M of the Internal Revenue Code. Stock components include the global universe of listed companies engaged in the alternative energy industry. Alternative energy refers to the generation of power through environmentally friendly, non-traditional sources. It includes power derived principally from biofuels (such as ethanol), bio-mass, wind, solar, hydro and geothermal sources and also includes the various technologies that support the production, use and storage of these sources. Stocks must have a market cap that exceeds $100 million and derive over 50% of total revenues from the global alternative energy industry. The Fund intends to invest at least 30% of its assets in the securities of non-U.S. companies located in at least three different countries.