American Stock Exchange Lists Market Vectors-Nuclear Energy ETF by Van Eck Global

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



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