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Fund Overview
Index Overview  

1.888.MKT.VCTR 
   Global Alternative Energy ETF (GEX)
The Global Alternative Energy ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The Index provides exposure to publicly traded companies worldwide that derive over 50% of total revenues from the alternative energy industry. As such, the Fund is subject to the risks of investing in this sector.

Performance History
Prices and Returns
Month-End| Quarter-End
As of October 31, 2008

LIFE* 1 MO  YTD     1 YR 5 YR+
INDEX (AGIXL) -30.98% -40.06% -62.12% -58.44% 0.58%
FUND NAV -31.27% -40.91% -61.94% -58.58% n.a.
Share Price -30.25% -39.49% -61.39% -58.02% n.a.
*Commencement date: 05/03/2007
†Annualized

The performance quoted represents past performance. Past performance is no guarantee of future results. Performance information for the Market Vectors ETFs reflect current temporary waivers of expenses and/or fees. Had the Market Vectors ETFs incurred all expenses, investment returns would have been reduced. The investment return and value of shares of Market Vectors ETFs will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Performance current to the most recent month-end is available by calling 1.888.MKT.VCTR.


Associated Risks
Paying More than NAV
price may vary from NAV
Tracking Error
may be unable to replicate Index results
Securities Lending
subject to credit and counterparty risk
Sector Risk
subject to unpredictable drops in value
Non-Diversification Risk
susceptible to single market events
Foreign Investment
subject to political and economic risks
Trading Halts
subject to NYSE "circuit breaker" rules
 

Fund Details
Fact Sheet PDF
As of November 28, 2008
Fund Ticker  GEX
Intraday NAV (IIV)  GEX.IV
Index Ticker  AGIXL
Exchange  NYSE Arca
Commencement Date 05/03/2007
Gross Expense Ratio * 0.73%
Net Expense Ratio * 0.65%
Options  Expected
AUM  $165.4M
* Expenses capped contractually    through 05/01/2009

ETF Benefits
Intraday Access
buy or sell anytime during the trading day
Liquidity
traded and supported by market makers and specialists
Transparency
complete index holdings readily available
Tax Efficiency
fund's operation seeks to minimize turnover and capital gains distributions
Diversification
capture a basket of global alternative energy securities in one transaction
Trading Flexibility
ability to short; margin eligibility; options available

Market Vectors Global Alternative Energy ETF is subject to various risks including those associated with making investments in alternative energy companies including obsolescence of technology, short product cycles, commodity price volatility, depletion of resources, technical developments and risks associated with companies with a limited operating history.

"Ardour Global Indexes, LLCSM", "ARDOUR GLOBAL INDEXSM" (Composite), "ARDOUR COMPOSITESM", "ARDOUR GLOBAL INDEXSM (Extra Liquid)", "ARDOUR - XLSM", "ARDOUR GLOBAL ALTERNATIVE ENERGY INDEXESSM", "ARDOUR FAMILYSM",  are service marks of Ardour Global IndexesSM, 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 IndexesSM, LLC and Ardour Global IndexesSM, LLC makes no representation regarding the advisability of investing in the product(s).

The Ardour Global Alternative Energy IndexSM (Extra Liquid) ("AGIXLT") is calculated by Dow Jones Indexes. Van Eck's Market Vectors-Global Alternative Energy ETF, based on the AGIXLT, is not sponsored, endorsed, sold or promoted by Dow Jones Indexes, and Dow Jones Indexes makes no representation regarding the advisability of investing in such product(s).

Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market.

For more information on the Market Vectors ETF and the underlying Index, call 1.888.MKT.VCTR. Investing involves risk, including possible loss of principal. Please see the prospectus for more details. Market Vectors ETF shares trade like stocks, are subject to investment risk and will fluctuate in market value. The market price of the Market Vectors ETF's shares may be more or less than the net asset value. An investor should consider the investment objective, risks, charges and expenses of the Market Vectors ETFs carefully before investing . The  prospectus contains this and other information about Market Vectors ETFs. Please read the prospectus carefully before investing.

Not FDIC Insured — No Bank Guarantee — May Lose Value
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