Market Vectors Nuclear Energy ETF (the Fund) seeks to replicate the price and yield performance of the DAXglobal Nuclear Energy Index (DXNE or the Index) by investing in a portfolio of securities that generally replicates DXNE. DXNE, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies worldwide that are engaged in the nuclear energy industry. Companies eligible for inclusion in Index should be engaged in various aspects of the nuclear energy business with market cap exceeding $150 million; should have worldwide daily average trading volume of at least $1 million over past six months and in each of the past two months, and should have maintained monthly trading volume of 250,000 shares over past six months. The Index includes seven major sub-sectors, including mining, enrichment, storage, equipment, plant infrastructure, fuel transport and energy generation. Its investment advisor is Van Eck Associates Corporation.