Market Vectors BDC Income ETF — new fund registration

MARKET VECTORS ETF TRUST registered 1 new fund series on Form 485APOS, filed 2011-05-20. Featured series: Market Vectors BDC Income ETF.

Registration

Registrant / trust: MARKET VECTORS ETF TRUST
CIK: 0001137360
Form: 485APOS
Filed: 2011-05-20
State of incorporation: DE
Tickers: SMH
Accession: 0000930413-11-004085
Reported net assets: $1.5B

Series & classes (1)

Series	Class	Ticker	New
Market Vectors BDC Income ETF	Market Vectors Business Development Company ETF	BIZD	Yes

Fees (from the effective prospectus)

Gross expense ratio: 9.69%
Management fee: 0.40%
Net expense ratio: 11.17%
Other expenses: 0.02%

Investment objective

VanEck BDC Income ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Business Development Companies Index (the BDC Index or the Index).

Advisers

Van Eck Absolute Return Advisers Corporation (Advisor)