The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Egypt Index (the "Egypt Index"). The fund will normally invest at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is currently comprised of securities of companies selected on the basis on their market capitalizations in Egypt. Such companies may include small- and medium-capitalization companies. It is non-diversified.
