Market Vectors Gulf States Index ETF (MES)

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Fund Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® GDP GCC Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The GCC Index is comprised of Gulf Cooperation Council (the "GCC") companies. The GCC Index includes local listings of companies that are incorporated in the GCC and offshore listings of companies incorporated outside of the GCC that generate at least 50% of their revenues (or, where applicable, have at least 50% of their assets) in the GCC. The fund is non-diversified.

Fund Snapshot Updated 07.21.2014

Previous Close $32.82 Expense Ratio 1.00%
YTD Return 20.44% Avg. 30-Day Volume 38,437
1-Year Return 28.0% Market Cap Loading...
Bid $32.46 Shares Outstanding 900,000
Ask $32.66 Dividends $0.55
Top 10 Holdings
Emaar Properties (EMAAR) 8.18%
Natl Bk Of Kuwait (NBK) 6.04%
Bankmuscat (Saog) (BKMB) 4.82%
Masraf Al-Rayan (MARK) 4.81%
Kuwait Finance Hou (KFIN) 4.45%
Mobile Tel Systems (ZAIN) 4.28%
Natl Bk Abu Dhabi (NBAD) 4.24%
First Gulf Bank (FGB) 4.20%
Abu Dhabi Comm.Bk. (ADCB) 3.77%
Qatar National Bk (QNBK) 3.58%
% of Total Holdings 48.40%

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