Market Vectors® Wide Moat ETF (NYSE Arca: MOAT) distributed no capital gains in 2013--the second consecutive tax year since the Fund's inception without a capital gains distribution--and has surpassed $500 million in assets under management, it was announced today.

MOAT seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM. Brandon Rakszawski, Product Manager for Market Vectors ETFs, noted Morningstar's unique index approach as an attractive feature to investors. "MOAT's underlying index provides investors access to Morningstar's proprietary economic moat and valuation research," he said. "The ETF structure is well-suited for this highly dynamic and concentrated index methodology and despite turnover of four to nine stocks out of 20 total holdings at each quarterly rebalance, MOAT distributed no capital gains in 2013."

The Fund surpassed $500 million in assets in early December 2013, just a year and a half after its launch in April 2012. "We have seen continued interest in the Fund, much of which can be attributed to the appeal of Morningstar's equity research process," added Rakszawski. Morningstar's wide-moat analysis, which the Index is based on, seeks to identify companies that possess one or more sustainable competitive advantages. Morningstar's proprietary valuation process then identifies the 20 most attractively priced wide-moat companies at the time of each quarterly rebalance.

MOAT is one of 36 Market Vectors equity ETFs to pay no capital gains in 2013. In addition to MOAT's broad-based U.S. equity focus, Market Vectors equity ETFs offer exposure to hard assets, country- and region-specific, and industry-specific market segments.

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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 totaled $22.6 billion in assets under management, making it the seventh largest ETP family in the U.S. and tenth largest worldwide as of November 30, 2013.

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 $31.4 billion in investor assets as of November 30, 2013.

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The Morningstar® Wide Moat Focus IndexSM was created and is maintained by Morningstar, Inc. Morningstar, Inc. does not sponsor, endorse, issue, sell, or promote the Market Vectors Morningstar Wide Moat Research ETF and bears no liability with respect to that ETF or any security. Morningstar® is a registered trademark of Morningstar, Inc. Morningstar® Wide Moat Focus IndexSM is a service mark of Morningstar, Inc.

The value of the securities held by the Fund may fluctuate due to market and economic conditions or factors relating to specific issuers. Small- and medium-capitalization companies may be more volatile than large-capitalization companies. The Fund is subject to index tracking risk and may not be able to invest in certain securities in the exact proportions in which they are represented in the Index. The Fund's assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors. The Fund may loan its securities, which may subject it to additional credit and counterparty risk.

The "net asset value" (NAV) of an ETF is determined at the close of each business day, and represents the dollar value of one share of the ETF; it is calculated by taking the total assets of an ETF subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as an ETF's intraday trading value. Investors should not expect to buy or sell shares at NAV. Total returns are based upon closing "market price" (price) of the ETF on the dates listed.

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. To obtain a prospectus and summary prospectus, which contain this and other information, call 888.MKT.VCTR or visit marketvectorsetfs.com. Please read the prospectus and summary prospectus carefully before investing.

Van Eck Securities Corporation, Distributor
335 Madison Avenue, New York, NY 10017

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