American Stock Exchange Lists Market Vectors-Nuclear Energy ETF by Van Eck Global
15 Août 2007 - 5:53PM
PR Newswire (US)
First ETF to Follow Companies Involved in the Nuclear Energy
Business NEW YORK, Aug. 15 /PRNewswire/ -- The American Stock
Exchange(R) (Amex(R)) today announced that it has launched trading
in the Market Vectors-Nuclear Energy ETF (AMEX:NLR) from Van Eck
Global. NLR is the first ETF to track the nuclear energy industry.
NLR aims to track, before fees and expenses, the price and yield
performance of the DAXglobal(R) Nuclear Energy Index. The Fund
normally invests at least eighty percent of its total assets in
equity securities of U.S. and foreign companies primarily engaged
in various aspects of the nuclear energy business. Companies
primarily engaged in the nuclear business include those engaged in
uranium mining, uranium enrichment, uranium storage, providing
equipment for use in the provision of nuclear energy, nuclear plant
infrastructure, nuclear fuel transportation and nuclear energy
generation, and which derive at least fifty percent of their total
revenues from such activities. "We are proud to partner once again
with Van Eck in launching the first ETF to offer investors exposure
to a broad spectrum of companies associated with nuclear energy,"
said Scott Ebner, Senior Vice President of the Amex ETF
Marketplace. "The Amex remains committed to bringing innovative and
diverse new products to the marketplace." Goldman Sachs Execution
& Clearing LP is the specialist for NLR. About the American
Stock Exchange The American Stock Exchange(R) (Amex(R)) offers
trading across a full range of equities, options and exchange
traded funds (ETFs), including structured products and HOLDRS(SM).
In addition to its role as a national equities market, the Amex is
the pioneer of the ETF, responsible for bringing the first domestic
product to market in 1993. Leading the industry in ETF listings,
the Amex lists 337 ETFs to date. The Amex is also one of the
largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign
stocks. For more information, please visit http://www.amex.com/.
DATASOURCE: American Stock Exchange CONTACT: Media, Bari Trontz of
American Stock Exchange, +1-212-306-8964, Web site:
http://www.amex.com/
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