MARKET VECTORS EMERGING MARKETS LOCAL CURRENCY BOND ETF — new fund registration

MARKET VECTORS ETF TRUST registered 2 new fund series on Form 485APOS, filed 2010-03-03. Featured series: MARKET VECTORS EMERGING MARKETS LOCAL CURRENCY BOND ETF.

Registration

Registrant / trust: MARKET VECTORS ETF TRUST
CIK: 0001137360
Form: 485APOS
Filed: 2010-03-03
State of incorporation: DE
Tickers: SMH
Accession: 0000930413-10-001263
Reported net assets: $4.7B

Series & classes (2)

Series	Class	Ticker	New
MARKET VECTORS EMERGING MARKETS LOCAL CURRENCY BOND ETF	MARKET VECTORS EMERGING MARKETS LOCAL CURRENCY DEBT ETF	EMLC	Yes
MARKET VECTORS INVESTMENT GRADE FLOATING RATE ETF	MARKET VECTORS INVESTMENT GRADE FLOATING RATE ETF	FLTR	Yes

Fees (from the effective prospectus)

Gross expense ratio: 0.31%
Management fee: 0.27%
Net expense ratio: 0.30%
Other expenses: 0.04%

Investment objective

VanEck J.P. Morgan EM Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the J.P. Morgan GBI-EM Global Core Index (the Emerging Markets Global Core Index or the Index).

Advisers

Van Eck Associates Corporation (Advisor)