| Market Vectors Solar Energy ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Ardour Solar Energy Index (SOLRX or the Index) by investing in a portfolio of securities that generally replicates SOLRX. SOLRX, calculated and maintained by Dow Jones Indexes on behalf of Ardour Global Indexes LLC, is a rules-based, modified global capitalization-weighted, float-adjusted index consisting of publicly traded companies from worldwide engaged in the solar energy industry. The Index provides exposure to publicly traded companies from around the world that derive at least 66% of their revenues from solar power and related products and services. On a weighted basis, the companies in the Index derive in excess of 90% of their revenues from the solar industry. The Fund's investment advisor is Van Eck Associates Corporation. |
