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Introducing CRAK

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Introducing CRAK Market Vectors® Oil Refiners ETF (CRAK) leverages the selection standards of Market Vectors Indices in order to offer investors differentiated energy exposure.

Introducing CRAK Market Vectors® Oil Refiners ETF (CRAK) leverages the selection standards of Market Vectors Indices in order to offer investors differentiated energy exposure.

Not All Energy Performs the Same

Oil refiners are a differentiated segment of the energy sector. As illustrated below, oil refiners’ performance was distinct from other segments as oil prices declined in late 2014 and remained weak in the first half of 2015.

from other segments as oil prices declined in late 2014 and remained weak in the first half of 2015.

This chart illustrates the recent difference in performance between segments of the energy sector as measured by S&P indices. This chart is for illustrative purposes only and does not represent the performance of the Fund or the underlying index. The Fund and Market Vectors Global Oil Refiners Index, the Fund’s underlying index, have a limited history. The Fund commenced operations on 8/18/2015 and its index was first published on 5/21/2015.

Potential to Benefit from Lower Oil Prices

Crack spread, or the difference between the price of crude oil and its refined products, is a common indicator of the potential profitability of the refining industry. Unlike other energy sector segments, oil refiners may benefit from lower oil prices if crack spreads remain attractive.

Pure-Play Index

CRAK’s underlying index, Market Vectors Global Oil Refiners Index, is a global index that measures the performance of the crude oil refining segment. CRAK is the first and only U.S.-listed ETF to provide pure-play exposure to global oil refiners.

CRAK Highlights

Ticker CRAK

Index Ticker MVCRAKTR

Commencement Date 08/18/2015

Gross Expenses 0.64%

Net Expenses 0.59%

Expenses are capped contractually until 5/1/2017. Cap excludes certain expenses, such as interest.

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