Printer Friendly
The Free Library
14,800,280 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Ardour Global Index(SM) (Extra Liquid), A Global Alternative Energy Index, Up 40.10 Percent Through September.


Constituents Derive at Least 50% of Revenues from Alternative Energy. Approximately 70 Percent of Index is International and 70 Percent is in Renewable Energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation.  Companies

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 Ardour ar·dour  
n. Chiefly British
Variant of ardor.


ardour or US ardor
Noun

1. emotional warmth; passion

2.
 Global Index(SM) (Extra Liquid) (AGIXLT) rose 10.09 percent in September and gained 40.10 percent in the nine months ending September 30, 2007.*(+)

AGIXLT is a rules based Using "if-this, do that" rules to perform actions. Rules-based products implies flexibility in the software, enabling tasks and data to be easily changed by replacing one or more rules.  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 70% 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 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 December 21, 2007.

The Market Vectors - Global Alternative Energy ETF ETF

See Exchange Traded Fund.


ETF

See exchange-traded fund (ETF).
 (NYSE NYSE

See: New York Stock Exchange
: GEX GEX Global Exchange (eCommerce/electronic data interchange)
GEX Gas Exchange Experiment
GEX Government Employees Exchange
GEX Grupo Empresarial Exito
) is an exchange-traded fund Exchange-traded funds (or ETFs) are Open Ended investment companies that can be traded at any time throughout the course of the day. Typically, ETFs try to replicate a stock market index such as the S&P 500 (e.g.  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 AGIXL 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 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/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 (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, 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 Brokerage Account

An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf.
, 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 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 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 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 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.

Van Eck Securities Corporation, Distributor, 99 Park Avenue, New York, NY 10016
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 3, 2007
Words:997
Previous Article:Correction - Fitch Rates Harborview Mortgage Loan Trust (HVMLT) Series 2007-7.(Correction notice)
Next Article:DAXglobal(R) Russia+ Index up 18.73 Percent Through September.
Topics:



Related Articles
Business publisher stock qoutes.
DENSO Develops World's First Passenger Vehicle Refrigeration Cycle System Using an Ejector.
Start planning now: 2008's politically-infused direct mail rat race has started.(POLITICS)
Seeing red: corporate partners seeking high-impact deals.(CAUSE MARKETING)
Waking up from the summer slumber.(FERROUS)
Every which way.(PLASTICS)
Dell greens up its act.(BACK PAGE)
Moody's partners with REAL on price indices.(FINANCE)
Report: mortgage market crisis puts dent in builder confidence.
ABI returns to more modest growth level.(ENGINEERING)

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles