Market Vectors CEF Municipal Income ETF — new fund registration

MARKET VECTORS ETF TRUST registered 1 new fund series on Form 485APOS, filed 2011-03-18. Featured series: Market Vectors CEF Municipal Income ETF.

Registration

Registrant / trust: MARKET VECTORS ETF TRUST
CIK: 0001137360
Form: 485APOS
Filed: 2011-03-18
State of incorporation: DE
Tickers: SMH
Accession: 0000930413-11-002059
Reported net assets: $205.8M

Series & classes (1)

Series	Class	Ticker	New
Market Vectors CEF Municipal Income ETF	Market Vectors Closed-End Fund ETF	XMPT	Yes

Fees (from the effective prospectus)

Gross expense ratio: 1.97%
Management fee: 0.40%
Net expense ratio: 1.86%
Other expenses: 0.01%

Investment objective

VanEck CEF Muni Income ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund Index SM (the CEFMX Index).

Advisers

Van Eck Associates Corporation (Advisor)