AMEX: SCIF       India Smallcap ETF Vaneck
Last Price Today's Change   Day's Range   Trading Volume
35.387   +0.157 (0.45%)  35.273 - 35.66  24,300


Avg Volume (4 weeks):36,283
4 Weeks Range:31.86 - 35.88
4 Weeks Price Volatility (%):
52 Weeks Range:29.61 - 44.68
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Market Vectors India Small-Cap Index ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors India Small-Cap Index (the India Small-Cap Index). The Index provides exposure to publicly traded companies that are headquartered in India or that generate the majority of their revenues in India. The Fund seeks to achieve its investment objective by investing substantially all of its assets in the Subsidiary, a wholly owned subsidiary located in the Republic of Mauritius (Mauritius). The Subsidiary in turn will invest at least 80% of its total assets in securities that comprise the Fund's benchmark index and depository receipts based on the securities in the Fund's benchmark index. The Fund's benchmark index is comprised of smallcapitalization companies selected by 4asset-management GmbH (the Index Provider). Its investment advisor is Van Eck Associates Corporation.

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