Market Vectors ETFs, one of the largest ETP families in the U.S and worldwide, announced today that it has added two additional NYSE Arca-traded ETFs to the growing list of depository receipts based on Market Vectors ETFs currently available to Qualified Investors in Mexico. …
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Deutsche Securities Casa de Bolsa in Mexico will act as local sponsor and filing agent for depository receipts on the following ETFs:
– Market Vectors ChinaAMC A-Share ETF (Ticker: PEK®) Assets under management1: USD 94.41 M
– Market Vectors Russia Small-Cap ETF (Ticker: RSXJ®) Assets under management1: USD 53.57 M 1 As of 12/31/2014
PEK and RSXJ, the Market Vectors ETFs underlying such depository receipts, seek to replicate as closely as possible, before fees and expenses, the price and yield performance of the corresponding rules-based indices, as described below
ETF Ticker |
Underlying Index |
PEK |
The CSI 300 Index (CSIR0300) is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market. Constituent stocks for the Index must have been listed for more than three months (unless the stock’s average daily A-share market capitalization since its initial listing ranks among the top 30 of all A-shares) and must not be experiencing what the Index Provider believes to be obvious abnormal fluctuations or market manipulation.
|
RSXJ |
The Market Vectors® Russia Small-Cap Index (MVRSXJTR) is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of publicly traded small-capitalization companies that are incorporated in Russia or that are incorporated outside of Russia but generate at least 50% of their revenues (or, in certain circumstances, have at least 50% of their assets) in Russia. |
Source: ETFWorld.com
WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)
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