Van Eck Rebrands Nuclear Energy ETF

Van Eck Global has renamed its nuclear energy exchange-traded fund as the Market Vectors Uranium+Nuclear Energy ETF.

Van Eck Global has renamed its nuclear energy exchange-traded fund (ETF) as the Market Vectors Uranium+Nuclear Energy ETF. The ETF, which has about $260 million in assets, tracks the performance of the DAXglobal Nuclear Energy Index. The new name was chosen to reflect the relative weight of the uranium mining sub-sector among the seven nuclear energy sub-sectors represented in the index. The fund is part of the Market Vectors family of hard assets ETFs, including the Market Vectors Agribusiness ETF, the Coal ETF and the Gold Miners ETF.

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