MARKET VECTORS-STEEL ETF — new fund registration

MARKET VECTORS TRUST registered 2 new fund series on Form 485APOS, filed 2006-07-25. Featured series: MARKET VECTORS-STEEL ETF.

Registration

Registrant / trust: MARKET VECTORS TRUST
CIK: 0001137360
Form: 485APOS
Filed: 2006-07-25
State of incorporation: DE
Tickers: SMH
Accession: 0000930413-06-005385
Reported net assets: $149.7M

Series & classes (3)

Series	Class	Ticker	New
Gold Miners Index Fund	Gold Miners Index Fund	GDX	—
MARKET VECTORS-STEEL ETF	MARKET VECTORS-STEEL ETF	SLX	Yes
MARKET VECTORS-ENVIRONMENTAL ETF	MARKET VECTORS-ENVIRONMENTAL ETF	EVX	Yes

Fees (from the effective prospectus)

Gross expense ratio: 0.64%
Management fee: 0.50%
Net expense ratio: 0.55%
Other expenses: 0.14%

Investment objective

VanEck Steel ETF (the Fund) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Global Steel Index (the Steel Index or the Index).

Advisers

Van Eck Associates Corporation (Advisor)