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Van Eck Announces Changes to Market Vectors® ETF Product Line

Van Eck Global, one of the largest providers of exchange-traded funds in the U.S. and worldwide with more than $22 billion in ETF assets under management as of October 31, 2014, announced today that it plans to close and liquidate five Market Vectors ETFs.

On December 4, 2014, the Board of Trustees of Market Vectors ETF Trust approved the liquidation and dissolution of the following funds (the “Funds”):

ETF Name

Ticker

Market Vectors Bank and Brokerage ETF

RKH

Market Vectors Colombia ETF

COLX

Market Vectors Germany Small-Cap ETF

GERJ

Market Vectors Latin America Small-Cap Index ETF

LATM

Market Vectors Renminbi Bond ETF

CHLC

Shareholders of the Funds may sell their holdings on NYSE Arca Inc. (“NYSE Arca”) until market close on December 12, 2014, and they may incur typical transaction fees from their broker-dealer. The Funds’ shares will no longer trade on NYSE Arca after market close on December 12, 2014, and the shares will subsequently be de-listed. Shareholders who continue to hold shares of any of the Funds on the Funds’ liquidation date, which is expected to be on or about December 23, 2014, will receive a liquidating distribution of cash in the cash portion of their brokerage accounts equal to the amount of the net asset value of their shares. Proceeds from the liquidation are currently scheduled to be sent to shareholders on or about December 23, 2014. For tax purposes, shareholders will generally recognize a capital gain or loss equal to the amount received for their shares over their adjusted basis in such shares. Information regarding the final tax status of distributions will be provided to shareholders with the year-end tax reporting of the funds.

Shareholders who hold shares of CHLC at market close on December 8, 2014 will also receive a final distribution of net income and capital gains earned by the Fund and not previously distributed prior to liquidation. This distribution is currently scheduled to paid on December 15, 2014. The final tax status of distributions made by CHLC, including the liquidating distribution, will be provided to shareholders with the year-end tax reporting for CHLC (including any portion which may be treated as a return of capital for tax purposes, reducing a shareholder’s basis in such shares).

For more information, please call 888.MKT.VCTR or visit marketvectorsetfs.com.

About Market Vectors ETFs

Market Vectors exchange-traded products have been offered since 2006 and span many asset classes, including equities, fixed income (municipal and international bonds) and currency markets. The Market Vectors family is one of the largest providers of ETFs in the U.S. and worldwide.

Market Vectors ETFs are sponsored by Van Eck Global. Founded in 1955, Van Eck Global was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today, the firm continues this tradition by offering innovative, actively managed investment choices in hard assets, emerging markets, precious metals including gold, and other alternative asset classes. Van Eck Global has offices around the world and managed approximately $30.4 billion in investor assets as of October 31, 2014.

Market Vectors ETFs (“the Funds”) are subject to elevated risks associated with investments in exchange-traded funds (“ETFs”), including emerging market, sector, economic, political, foreign currency, world event, and index tracking risks, all of which may adversely affect the Funds or Fund trading. Fixed income investments are subject to interest rate risk, credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. Investments focused in a particular industry or sector, or non-diversified investments, are subject to greater risks than investments in more diversified portfolios. Additional risks include risks associated with investing in companies with medium- and small-capitalizations which tend to have limited operating histories.

Fund shares are not individually redeemable and will be issued and redeemed at their net asset value (“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.

Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. Please refer to the prospectus for complete risk information. To obtain a prospectus and summary prospectus, which contains this and other information, call 888.MKT.VCTR or visit marketvectorsetfs.com. Please read the prospectus and summary prospectus carefully before investing.

Contacts:

Press:
MacMillan Communications
Mike MacMillan/Chris Sullivan
212-473-4442
chris@macmillancom.com

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