• Ticker:- EVX;true;AXENV;
  • Ticker Group:- ETFEQ_IND;false;;
  • Making News

    Benzinga: Interesting Similarities Among 2013's Top-Performing ETFs


    6/18/13: Todd Shriber evaluates the year’s notable ETFs and mentions BBH. He remarks that “biotech ETFs big and small have been stellar performers this year."
    View article » 



    Zacks Equity Research: Semiconductor ETFs for 2013?


    2/07/13: Zacks Equity Research reports that the semiconductor industry is "set to rebound in 2013 with the recovery projected to pick up speed in the latter part of the year" and advises investors to consider SMH as a vehicle for accessing the space.
    View article » 



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Environmental Services ETF EVX

  • Full Name: Market Vectors®
    Environmental Services ETF (EVX®)

    Management Style: Replication

    Underlying Index: NYSE Arca Environmental Services Index (AXENV)

    Index Description: AXENV is a modified equal dollar-weighted index intended to give investors exposure to the environmental services sector.

  •  
     

    • Fund Ticker

      EVX
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      AXENV
    • Index Provider

      NYSE Arca
    • Total Net Assets

      $19.4M
    • Shares Outstanding

      300,000
    • Number of Holdings

      30
    • Commencement Date

      10/10/2006
  •  
    as of 04/15/14

  • About Securities Lending


    Market Vectors Exchange Traded Funds (ETFs) may lend securities to generate additional income which may help reduce expenses. All net proceeds earned by Market Vectors ETFs in the securities lending process are allocated to the applicable ETF after subtracting fees payable to the lending agent.

      

    Securities lending is an established practice that involves the lending of securities from a lender (“Fund”) to a third-party (“Borrower”). In return, the Borrower posts collateral — typically cash or U.S. Government securities — in an amount equal to at least 102% of the value of the borrowed securities. Over the course of the loan term, the Fund will receive any interest or dividends on the securities loaned. Moreover, the Borrower will pay a fee, as well as any interest earned on the investment of the cash collateral.

     

    The primary risk in securities lending is that a Borrower may default on its commitment to return securities that are on loan. If this occurs and the value of the liquidated collateral does not exceed the cost of repurchasing the securities, the Fund may suffer a loss with respect to the shortfall. This risk and others are described in more detail in the statutory prospectus, under "Lending Portfolio Securities".

  • Additional Resources

  • All Collateral Holdings Top 10 Collateral Holdings as of 02/28/14

    Security
    ISIN
    SEDOL
    Country
    Investment Type
    Weight %
    Bank of New York Overnight Government Fund
    --
    --
    United States
    Money Market Fund
    100.00
    Top 10 Total (%) 100.00
  • Securities Lending Summary
    as of 02/28/14

    Data Point %
    Securities Lending Return (% of AUM, YTD) 0.01
    Average On-Loan (% of AUM, YTD) 3.98
    Maximum On-Loan (% of AUM, YTD) 33.00
    Collateralization (% of Loan, YTD) 102.74
  • Loan/Collateral Combinations and Collateral Levels

    Loan Type Collateral Level
    Equities and Fixed Income  
    Domestic  102%
    Foreign  105%