Market Vectors ETFs has added two additional NYSE Arca-traded ETFs 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 depository receipts on the Market Vectors ChinaAMC A-Share ETF (PEK) which has assets under management of USD 94.41 million, and the Market Vectors Russia Small‐Cap ETF (RSXJ)m which has assets under management of USD 53.57 million.
As of PEK and RSXJ, the Market Vectors ETFs underlying such depository receipts, seek to replicate as closely as possible, before fees and expenses, the price and yield performance of their corresponding rules‐based indices – The CSI 300 Index and the Market Vectors Russia Small‐Cap Index.
