Market Vectors Global Mortgage REITS Index Licensed to UBS

Updated

Market Vectors Global Mortgage REITS Index Licensed to UBS

Global Sector Index licensed to underlie ETN

FRANKFURT, Germany--(BUSINESS WIRE)-- Market Vectors Index Solutions GmbH (MVIS - www.marketvectorsindices.com) today announced the licensing of the Market Vectors Global Mortgage REITS Index (MVMORT) to UBS AG. The index will underlie the ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (NYSE Arca: MORL) which began tracking the index today, 17 October 2012.


The Market Vectors Global Mortgage REITS Index tracks the performance of the largest and most liquid mortgage REITs companies globally. The index offers pure-play exposure, i.e. contains only companies which derive at least 50 percent of their revenues from the global mortgage REITs marketplace. This includes companies or trusts which are primarily engaged in the purchase or service of commercial or residential mortgage loans or mortgage related securities. Unlike other mortgage REITs-focused indices, MVMORT does not include mortgage finance companies or savings associations.

The index has currently 24 components and a full market-capitalisation of USD 58.25 billion. Market Vectors Global Mortgage REITS Index is also licensed to Van Eck Global to underlie the Market Vectors Global Mortgage REITS ETF (NYSE Arca: MORT) with currently USD 87 million invested.

Market Vectors Global Mortgage REITS Index (MVMORT)

Top 5 Companies by Weighting
Annaly Capital Management (18.92%), American Capital Agency (14.27%), Two Harbors Investment (5.25%), MFA Financial (5.18%), Invesco Mortgage Capital (4.77%)
(Opening data, 17 October 2012)

Detailed information about the Market Vectors Global Mortgage REITS and the full range of Market Vectors Indices, including methodology details and comprehensive data is available on www.marketvectorsindices.com.

Note to the Editors:

About Market Vectors Index Solutions GmbH

Market Vectors Index Solutions GmbH (MVIS) develops, monitors and licenses the Market Vectors Indices, a selection of focused, investable and diversified benchmark indices which are especially designed to underlie financial products. Market Vectors Indices cover several asset classes, including commodity and international equity markets as well as fixed income markets and are licensed to serve as underlying indices for financial products. Approximately USD 8.8 billion in assets under management are currently invested in financial products based on Market Vectors Indices. MVIS is a wholly owned subsidiary of Van Eck Associates Corporation (also known as Van Eck Global).



Media:
Market Vectors Index Solutions
Lars Hamich, +49 (0)69 4056 695 10
Lars.hamich@mvindices.com
or
MacMillan Communications
Mike MacMillan, +1 212 473 4442
mike@macmillancom.com

KEYWORDS: United States Europe North America Germany New York

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