Market Vectors China ETFs Will Release Cap Gains Tax Reserve Back to ETFs

As a result of recent changes to China’s tax regime attributable to certain securities held by the Market Vectors ChinaAMC A-Share ETF (NYSE Arca: PEK®) and the Market Vectors ChinaAMC SME-ChiNext ETF (NYSE Arca: CNXT), these Funds will release their capital gains tax reserves back to shareholders at market close on December 22, 2014, it was announced today. The release of reserves are expected to add $0.02 per share to PEK’s Net Asset Value and are expected to have no share impact to CNXT’s Net Asset Value.

PEK seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the CSI 300 Index. The CSI 300 Index consists of 300 A-Share stocks listed on the Shenzen or Shanghai Stock Exchange. CNXT seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the SME-ChiNext 100 Index. The SME-ChiNext Index consists of the 100 largest and most liquid stocks listed and trading on the Small and Medium Enterprise (“SME”) Board and the ChiNext Board of the Shenzhen Stock Exchange.

About Market Vectors ETFs

Market Vectors exchange-traded products have been offered since 2006 and span many asset classes, including equities, fixed income (municipal and international bonds) and currency markets. The Market Vectors family is one of the largest providers of ETFs in the U.S. and worldwide.

Market Vectors ETFs are sponsored by Van Eck Global. Founded in 1955, Van Eck Global was among the first U.S. money managers helping investors achieve greater diversification through global investing. Today, the firm continues this tradition by offering innovative, actively managed investment choices in hard assets, emerging markets, precious metals including gold, and other alternative asset classes. Van Eck Global has offices around the world and managed approximately $29.7 billion in investor assets as of November 30, 2014.

Market Vectors ChinaAMC SME-ChiNext ETF and Market Vectors ChinaAMC A-Share ETF (“the Funds”) are subject to elevated risks associated with investments in securities of Chinese securities, including A-Shares, which include, among others, risks associated with the RQFII regime, political and economic instability, inflation, confiscatory taxation, nationalization and expropriation, market volatility, less reliable financial information, differences in accounting, auditing, and financial standards and requirements from those applicable to U.S. issuers, and uncertainty of implementation of existing Chinese law. In addition, the Funds are also subject to liquidity and valuation risks, currency risk, non-diversification risk, and other risks associated with foreign and emerging markets investments. Investments concentrated in companies of smaller capitalization or in certain sectors are subject to greater risks than more diversified investments.

CSI 300 Index and its logo are service marks of China Securities Index Co., Ltd. (“CSI”) and have been licensed for use by Van Eck Associates Corporation. The Market Vectors ChinaAMC A-Share ETF is not sponsored, endorsed, sold or promoted by CSI and CSI makes no representation regarding the advisability of investing in the Market Vectors ChinaAMC A-Share ETF.

Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called “creation units” and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. Please refer to the prospectus for complete risk information. To obtain a prospectus and summary prospectus, which contains this and other information, call 888.MKT.VCTR or visit marketvectorsetfs.com. Please read the prospectus and summary prospectus carefully before investing.

Contacts:

MacMillan Communications
Mike MacMillan/Chris Sullivan, 212-473-4442
chris@macmillancom.com

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