Amex Environmental Services Index up 15.78% Through June.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Amex Environmental Services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, Index (AXENV) rose 1.98 percent in June and gained 15.78 percent for the six months ending June 30, 2007.* AXENV is a modified equal-dollar-weighted index that is comprised of publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. involved in waste management and related activities. These companies offer a full range of environmental services to residential, industrial, municipal and commercial customers; such services include waste collection and disposal, hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. services, recycling, remediation and environmental clean-up services, wastewater management and environmental consulting. As of June 30, 2007, AXENV included 24 securities. AXENV is rebalanced quarterly. The next rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting will occur on September 27, 2007. The Market Vectors - Environmental Services ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). (Amex: EVX EVX Electronic Voice Exchange ) is an exchange-traded fund that seeks to replicate, as closely as possible, before fees and expenses, the price and yield performance of AXENV. EVX generally holds all of the securities that comprise AXENV in proportion to their weighting in AXENV. Options on EVX are listed on the Amex. *Past performance does not guarantee future results. AXENV's return does not represent the performance of any fund. AXENV 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 AXENV. Please call 1.888.MKT MKT Marketing MKT Mortal Kombat Trilogy MKT Missouri-Kansas-Texas Railroad MKT Mobile Kitchen Trailer MKT Mu Kappa Tau (marketing honor society) MKT M.K.Thyagaraja Bhagavathar .VCTR VCTR Vector or visit www.vaneck.com/evx for the most recent month-end performance of EVX. This information will be available no later than seven business days after the most recent month end. 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. However, ETF shares are not individually redeemable and may only be purchased from or tendered for redemption to an ETF by an authorized person authorized person Lab medicine A person–eg a physician, who orders tests and receives test results on persons for whom payment is sought under Medicare. See CLIA 88. in large aggregations called "creation units." About the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. The American Stock Exchange([R]) (Amex([R])) offers trading across a full range of equities, options and exchange traded funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 332 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com. 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 Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. including gold, and other specialized asset classes. Van Eck Associates Corporation mutual funds are sold nationwide through retail brokers, financial planners and investment advisors. Designed for investors seeking innovative choices for portfolio diversification Portfolio diversification Investing in different asset classes and in securities of many issuers in an attempt to reduce overall investment risk and to avoid damaging a portfolio's performance by the poor performance of a single security, industry, (or country). , 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 Associates Corporation 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 Variable Annuity An insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio. contracts and variable life policies of widely known and highly regarded insurers. About the Amex Environmental Services Index (AXENV) AXENV is a modified equal-dollar-weighted index comprised of common stocks or ADRs of publicly traded companies that engage in business activities that may benefit from the global increase in demand for consumer waste disposal, removal and storage of industrial by-products and related environmental services, including waste collection, transfer and disposal services, recycling services, soil remediation, wastewater management and environmental consulting services. As of June 30, 2007, AXENV included 24 securities. The Amex launched AXENV on September 29, 2006. All performance information presented for AXENV covering the period prior to October 7, 2004 is based on hypothetical, back-tested data. Prior to October 7, 2004, AXENV was not calculated in real time by an independent calculation agent. Hypothetical, back-tested performance has inherent limitations and is not indicative of future results. No representation is being made that any investment will achieve performance similar to that shown. AXENV is calculated using a modified equal-dollar weighting methodology. Only companies with a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. greater than $100 million and a three-month trading price Trading price The price at which a security is currently selling. greater than $3.00 that have a daily average traded volume of at least $1 million over the past three months are eligible for inclusion in AXENV. The top four components, ranked by market capitalization, are equally weighted to collectively represent 40% of AXENV. The bottom five components are equally weighted to collectively represent 10% of AXENV and the remaining components are equally weighted to collectively represent 50% of AXENV. AXENV composition and share weightings are reviewed quarterly. The value of AXENV is disseminated every 15 seconds between the hours of approximately 9:30 am and 4:15 pm Eastern Time. For a more complete description of AXENV, please read the EVX prospectus. AXENV, a trademark of the Amex, is licensed for use by Van Eck Associates Corporation in connection with EVX. EVX is not sponsored or endorsed by the Amex and the Amex makes no warranty or representation as to the accuracy and/or completeness of AXENV or results to be obtained by any person from use of AXENV in connection with trading of EVX. Investing involves risk, including possible loss of principal. Market Vectors ETF shares can be bought and sold only through a broker (who may charge a commission) and cannot be redeemed with the issuing fund. The market price of Fund shares may be more or less than their net asset value. Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/evx for a free prospectus. Investors should consider the investment objective, risks, and charges and expenses of EVX carefully before investing. The prospectus contains this and other information about EVX. Please read the prospectus carefully before investing. Van Eck Securities Corporation, Distributor, 99 Park Avenue, New York, NY 10016 |
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