AGIXLT is a rules based index intended to give investors a means of tracking the overall performance of a global universe of listed companies engaged in the alternative energy industry. These companies derive at least 50% of their revenues from the industry. Together, companies in the Index participate in a broad range of alternative energy activities; however, approximately 81% of the Index's components are classified as being in renewable energy (solar, wind, ethanol, bio-fuels, water and geothermal).
AGIXLT is calculated using a modified capitalization weighted methodology, adjusted for float. It includes 30 securities and is rebalanced quarterly. The next rebalancing will occur on December 21, 2007.
The Market Vectors - Global Alternative Energy ETF (NYSE: GEX) is an exchange-traded fund that seeks to replicate, as closely as possible before fees and expenses, the price and yield performance of AGIXLT. The Fund generally holds all securities that comprise AGIXLT in proportion to their weighting in AGIXLT.
*Past performance does not guarantee future results. AGIXLT's return does not represent the performance of any fund. AGIXLT charges no fees, including management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Investors cannot invest directly in AGIXLT.
Please call 1.888.MKT.VCTR or visit www.vaneck.com/gex for the most recent month-end performance of Market Vectors-Global Alternative Energy ETF. This information will be available no later than seven business days after the most recent month end.
+About the Ardour Global Index (Extra Liquid) (AGIXLT)
AGIXLT, a trademark of Ardour Global Indexes(SM), LLC, is licensed for use by Van Eck Associates Corporation in connection with the Fund. Ardour Global Indexes(SM), LLC does not sponsor or endorse the Fund and it makes no warranty or representation as to its accuracy and/or completeness or results to be obtained by any person from use of AGIXLT in connection with trading of the Fund. The value of AGIXLT 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.
Although Fund shares may be bought and sold in the secondary market through any brokerage account, Fund shares are not individually redeemable from the Fund. Investors may acquire Fund shares and tender them for redemption through the Fund only in large, specified blocks of shares.
The Fund is subject to risks associated with the stock market, index tracking, sector investing, investing in small- or mid-cap companies, replication management, non-diversified investments, absence of prior active market, trading issues, fluctuation of net asset value and risks of investing in alternative energy investments. Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/gex for a free prospectus. Investors should consider the investment objective, risks, and charges and expenses of Market Vectors-Global Alternative Energy ETF carefully before investing. The prospectus contains this and other information about the Fund. Please read the prospectus carefully before investing.
About Exchange-Traded Funds
ETFs are passively managed baskets of securities that trade in a manner similar to stocks. They have grown in popularity as investment tools because of their relatively low expense ratios and the tax efficiency they offer compared to most mutual funds. Investors can buy and sell ETFs intra-day and they can hold them both long and short, offering the opportunity to prosper from both bear and bull markets.
About Ardour Global Indexes(SM), LLC
Ardour Global Indexes(SM), LLC was founded in 2005 for the express purpose of developing benchmarking tools for the global alternative energy industry. It is a partnership between Ardour Capital Investments(SM), a premier investment bank specializing in alternative energy finance, and S-Network Energy Technologies(SM), LLC, a developer of indexes and investment products focused on both traditional and alternative energy.
"Ardour Global Indexes(SM), LLC", "ARDOUR GLOBAL INDEX(SM)" (Composite), ARDOUR COMPOSITE(SM)", "ARDOUR GLOBAL INDEX(SM) (Extra Liquid)", "ARDOUR GLOBAL ALTERNATIVE ENERGY INDEXES(SM)", and "ARDOUR FAMILY(SM)", are service marks of Ardour Global Indexes(SM), LLC and have been licensed for use by Van Eck Associates Corporation. Market Vectors-Global Alternative Energy ETF is not sponsored, endorsed, sold or promoted by Ardour Global Indexes(SM), LLC and Ardour Global Indexes(SM), LLC makes no representation regarding the advisability of investing in Market Vectors-Global Alternative Energy ETF.
Dow Jones Indexes calculates The Ardour Global Index(SM) (Extra Liquid). It does not sponsor, endorse, sell or promote Van Eck's Market Vectors-Global Alternative Energy ETF which is based on the Ardour Global Index(SM) (Extra Liquid), and it makes no representation regarding the advisability of investing in such product(s).
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 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, a series of investment choices within the variable annuity contracts and variable life policies of widely known and highly regarded insurers.
Van Eck Securities Corporation, Distributor, 99 Park Avenue, New York, NY 10016
Constituents Derive at Least 50% of Revenues from Alternative
Energy. Approximately 69 Percent of Index is International and 81
Percent is in Renewable Energy Companies
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