Van Eck agri-ETF says 'MOO'

Van Eck Global launched the Market Vectors-Agribusiness ETF on the American Stock Exchange today.
SEP 05, 2007
Van Eck Global has launched the Market Vectors-Agribusiness ETF exchange traded fund on the American Stock Exchange today. The fund, which trades under the ticker symbol MOO, aims to replicate the performance of the DAXglobal Agribusiness Index. The index — a basket of the securities of 40 agribusinesses listed on global exchanges — is made up of common stocks and depository receipts of companies listed on major exchanges around the world that are involved in agriculture. Companies listed in the index derive at least 50% of their revenue from agribusiness. The index has generated returns of approximately 40.3% and 35.4% over the previous three- and five-year periods, respectively, as of July 31. The ETF carries an expense ratio of 0.65%. Van Eck Global managed over $6 billion in assets as of July 31, including six ETFs that have over $1 billion in assets under management.

Latest News

Clients expect to know if you use AI, but don’t realise that their portfolios are likely exposed
Clients expect to know if you use AI, but don’t realise that their portfolios are likely exposed

Janus Henderson Investors research reveals demand for transparency, but lack of awareness of AI’s prevalence in the corporate world.

Retirement dream looking more like a luxury as cost-of-living squeezes savings
Retirement dream looking more like a luxury as cost-of-living squeezes savings

New research reveals rising expenses, forced early exits, and a widening gap between how long people live and how long their money lasts.

Advisor moves: LPL, Raymond James, Brighton Jones raid the talent pool
Advisor moves: LPL, Raymond James, Brighton Jones raid the talent pool

Firms continue their quest to attract and retain the best advisor teams.

Most advisors say AI portfolio construction is worth $500 a month
Most advisors say AI portfolio construction is worth $500 a month

A survey from TacticalMind AI found 69% of advisors say a high-quality AI platform that makes investment recommendations and constructs portfolios is worth $500 monthly, while research-only tools are valued closer to $250.

CAIS embeds Claude AI into advisor workflows for alternatives intelligence
CAIS embeds Claude AI into advisor workflows for alternatives intelligence

The alts tech provider's latest integration lets advisors query fund data and surface portfolio insights without leaving their primary workspace.

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management

SPONSORED Durability over scale: What actually defines a great advisory firm

Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline