VanEck Uranium and Nucle... (AMEX:NLR)
Historical Stock Chart
From Jan 2020 to Jan 2025
As it enters its ninth month of operation, the Market Vectors - Nuclear
Energy ETF (Amex: NLR) continues as the nation’s
sole ETF offering pure play exposure to the global nuclear energy
industry. NLR provides investors with a convenient, low-cost way to gain
diversified exposure to the industry that currently supplies 16% of the
world’s electricity and has the potential to
double in size by 2030.
Launched on August 15, 2007, NLR was the first nuclear energy ETF listed
in the U.S. and seeks to replicate as closely as possible, before fees
and expenses, the price and yield performance of the DAXglobal®
Nuclear Energy Index (DXNE).†
DXNE generally includes only those companies that derive at least 50% of
their current or prospective revenues from the nuclear energy industry.
This makes NLR potentially attractive to investors seeking to gain
targeted exposure to the global nuclear energy industry.
DXNE is currently comprised of a basket of securities of 38 companies
from around the world that are engaged in nuclear plant infrastructure,
uranium mining, uranium enrichment, uranium storage, nuclear generation,
nuclear equipment and nuclear fuel transportation. The index includes
many companies of global prominence, including Areva, Mitsubishi Heavy
Industries, Hitachi and Cameco.
NLR had assets under management of $160 million as of March 31, 2008.
Its total net expense ratio is 0.65%.
†About the
DAXglobal®
Nuclear Energy Index
The Index is intended to give investors an efficient way to track the
performance of equity securities of selected companies engaged in the
nuclear energy industry. It is calculated using a modified market
capitalization weighting methodology. The Index is weighted based on the
market capitalization of each of the component stocks, modified to
conform to various asset diversification requirements, which are applied
in conjunction with the scheduled quarterly adjustments to the Index.
The value of the Index is disseminated every 15 seconds between the
hours of approximately 9:30 a.m. and 4:15 p.m. Eastern Time. The Index
is a total return index.
The DAXglobal®
Nuclear Energy Index, a trademark of Deutsche Börse
AG, is licensed for use by Van Eck Associates Corporation in connection
with NLR. Deutsche Börse AG does not sponsor
or endorse NLR and makes no warranty or representation as to the
accuracy and/or completeness of the Index or results to be obtained by
any person from use of the Index in connection with trading NLR.
About Deutsche Börse AG
Deutsche Börse Group offers more than a
marketplace for trading shares and other securities. It is a transaction
services provider with advanced technology to afford companies and
investors access to global capital markets.
Deutsche Börse has a broader basis than any
of its competitors. Its product and services mix cover the entire
process chain: securities and derivatives trading, transaction
settlement, provision of market information as well as the development
and operation of electronic trading systems. With its process-oriented
business model, Deutsche Börse increases
capital markets efficiency. Issuers benefit from low capital costs and
investors enjoy the advantages of high liquidity and low transaction
costs.
About Van Eck Global
Founded in 1955, Van Eck Associates Corporation was among the first U.S.
money managers helping investors achieve greater diversification through
global investing. Today, the firm continues the 50+ year tradition by
offering global investment choices in hard assets, emerging markets,
precious metals including gold, and other specialized asset classes.
Van Eck also offers a number of mutual funds. Van Eck’s
mutual funds are sold nationwide through retail brokers, financial
planners and investment advisors. Designed for investors seeking
innovative choices for portfolio diversification, they are often
categorized in asset classes having returns with low correlations to
those of more traditional U.S. equity and fixed income investments.
Van Eck also offers exchange-traded funds, separate accounts and
alternative investments. In addition, it offers the Worldwide Insurance
Trust Funds, a series of investment choices within the variable annuity
contracts and variable life policies of widely known and highly regarded
insurers.
NLR is subject to risks associated with the stock market, index
tracking, sector investing, investing in small- or mid-cap companies,
replication management, non-diversified investments, absence of prior
active market, trading issues, fluctuation of net asset value and risks
of investing in nuclear energy investments. Because of their narrow
focus, sector investments tend to be more volatile than investments that
diversify across many sectors and companies.
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.
Investors may call 1.888.MKT.VCTR or visit www.vaneck.com/nlr
for a free prospectus. They should consider the investment
objective, risks, and charges and expenses of Market Vectors-Nuclear
Energy ETF carefully before investing. The prospectus contains this and
other information about NLR. Please read the prospectus carefully before
investing.
Please call 1.888.MKT.VCTR or visit www.vaneck.com/nlr
for the most recent month-end performance of Market Vectors-Nuclear
Energy ETF. This information will be available no later than seven
business days after the most recent month end.
Van Eck Securities Corporation, Distributor, 99 Park Avenue, New York,
NY 10016