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Mexico

Market Vectors launches six ETFs in Mexico


Market Vectors has added six NYSE Arca-traded exchange-traded funds to the growing list of depository receipts based on Market Vectors ETFs currently available to qualified investors in Mexico.

Deutsche Securities Casa de Bolsa in Mexico will act as local sponsor and filing agent for depositary receipts on the following ETFs:

Market Vectors High-Yield Municipal Index ETF: assets under management: USD924.4m; 30-day average daily trading volume: 259,000 shares

Market Vectors Intermediate Municipal Index ETF: assets under management: USD641.6m; 30-day average daily trading volume: 185,000 shares

Market Vectors Long Municipal Index ETF: assets under management: USD106.6m; 30-day average daily trading volume: 37,000 shares

Market Vectors Morningstar Wide Moat Research ETF: assets under management: USD63.4m; 30-day average daily trading volume: 39,000 shares

Market Vectors Mortgage REIT Income ETF: assets under management: USD90.2m; 30-day average daily trading volume: 80,000 shares

Market Vectors Short Municipal Index ETF: assets under management: USD175.4m; 30-day average daily trading volume: 56,000 shares

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