DAXglobal(R) Agribusiness Index Rebalancing Adds Seven More Leaders
2008年3月25日 - 3:16AM
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The DAXglobal� Agribusiness Index� (Bloomberg ticker: DXAG) has
been rebalanced to include seven additional leaders in the global
agribusiness industry, including: Glanbia, a prominent dairy foods
and nutritional ingredients group based in Ireland, which will
enter the index with a weighting of 0.8%; Maple Leaf Foods,
Canada�s leading food processor, which will come in with a
weighting of 0.5%; and Golden Agri-Resources, one of the world's
largest privately owned palm oil plantation companies, which will
have an initial weighting of 2.1%. The remaining additions are PT
Astra Agro, Indofood Agri Resources, Kuala Lumpur Kepong Berhad and
PT PP London Sumatra Indonesia Tbk, with initial weightings of
1.5%, 0.7%, 1.8% and 0.4%, respectively. No companies were deleted
from the index. These changes were announced in mid-March and take
effect tomorrow. DXAG is rebalanced quarterly. The Index is
comprised of a basket of the securities of 44 companies from around
the world that are engaged in various sectors of the agribusiness
industry, including agriproduct operations, agricultural chemicals,
livestock operations, agricultural equipment and ethanol/biodiesel.
Launched on July 16, 2007, the index includes many other companies
of global prominence, such as Potash Corp., Deere Co., Komatsu Ltd.
and Monsanto Co. The Market Vectors�Agribusiness ETF (Amex: MOO) is
an exchange-traded fund that seeks to replicate as closely as
possible, before fees and expenses, the price and yield performance
of the Index. MOO generally holds all of the securities that
comprise the Index in proportion to their weighting in the Index.
�About the DAXglobal� Agribusiness Index The Index is intended to
give investors an efficient way to track the performance of equity
securities of selected companies engaged in the agriculture
business that are traded on leading global exchanges. It is
calculated using a modified market capitalization weighting
methodology. The Index is weighted based on the market
capitalization of each of the component securities, modified to
conform to various asset diversification requirements, which are
applied in conjunction with the scheduled quarterly adjustments to
the Index. The value of the Index is disseminated every 15 seconds
between the hours of approximately 9:30 a.m. and 4:15 p.m. Eastern
Time. The Index is a total return index. The DAXglobal�
Agribusiness Index (DXAG), a trademark of Deutsche B�rse AG, is
licensed for use by Van Eck Associates Corporation in connection
with MOO. Deutsche B�rse AG does not sponsor or endorse MOO and
makes no warranty or representation as to the accuracy and/or
completeness of DXAG or results to be obtained by any person from
use of DXAG in connection with trading MOO. About Deutsche B�rse AG
Deutsche B�rse Group offers more than a marketplace for trading
shares and other securities. It is a transaction services provider
with advanced technology to afford companies and investors access
to global capital markets. Deutsche B�rse has a broader basis than
any of its competitors. Its product and services mix cover the
entire process chain: securities and derivatives trading,
transaction settlement, provision of market information as well as
the development and operation of electronic trading systems. With
its process-oriented business model, Deutsche B�rse increases
capital markets efficiency. Issuers benefit from low capital costs
and investors enjoy the advantages of high liquidity and low
transaction costs. About Van Eck Global Founded in 1955, Van Eck
Associates Corporation was among the first U.S. money managers
helping investors achieve greater diversification through global
investing. Today, the firm continues the 50+ year tradition by
offering global investment choices in hard assets, emerging
markets, precious metals including gold, and other specialized
asset classes. Van Eck also offers a number of mutual funds. Van
Eck�s mutual funds are sold nationwide through retail brokers,
financial planners and investment advisors. Designed for investors
seeking innovative choices for portfolio diversification, they are
often categorized in asset classes having returns with low
correlations to those of more traditional U.S. equity and fixed
income investments. Van Eck also offers exchange-traded funds,
separate accounts and alternative investments. In addition, it
offers the Worldwide Insurance Trust Funds, a series of investment
choices within the variable annuity contracts and variable life
policies of widely known and highly regarded insurers. MOO is
subject to various risks including those associated with making
investments in companies engaged in the agriculture business such
as economic forces, energy and financial markets, government
policies and regulations, and environmental laws and regulations.
Because of their narrow focus, sector investments tend to be more
volatile than investments that diversify across many sectors and
companies. 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. Investors may call 1.888.MKT.VCTR or visit
www.vaneck.com/moo for a free prospectus. They should consider the
investment objective, risks, and charges and expenses of Market
Vectors-Agribusiness ETF carefully before investing. The prospectus
contains this and other information about MOO. Please read the
prospectus carefully before investing. Please call 1.888.MKT.VCTR
or visit www.vaneck.com/moo for the most recent month-end
performance of Market Vectors-Agribusiness ETF. This information
will be available no later than seven business days after the most
recent month end. Van Eck Securities Corporation, Distributor, 99
Park Avenue, New York, NY 10016
VanEck Agribusiness ETF (AMEX:MOO)
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