CRAK: new Global Oil Refiners ETF by Van Eck

Van Eck begun trading the Market Vectors Oil Refiners ETF (NYSEArca: CRAK) on Wednesday, August 19, 2015.



Symbol: CRAK Exchange: NYSE Arca
Name: Market Vectors Oil Refiners ETF Net Expense Ratio: 0.59%


The Market Vectors Oil Refiners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Global Oil Refiners Index.


The Market Vectors Global Oil Refiners Index is comprised of global equity securities and depositary receipts of companies that generate at least 50% of their revenues from (or, in certain circumstances, have at least 50% of their assets related to) crude oil refining. Products of these companies may include gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals. Companies which operate in the marketing and distribution of these products may be included in the Index if crude oil refining is performed in company-owned refineries. Such companies may include medium-capitalization companies and foreign and emerging market issuers.

As of June 30, 2015, the Index included 26 securities of companies with a market capitalization range of between approximately $1.0 billion and $49.8 billion and a weighted average market capitalization of $17.5 billion. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Index concentrates in an industry or group of industries. As of June 30, 2015, the Index was concentrated in the oil refining industry and the energy sector.


Fund Top Holdings (31/08/2015):

Phillips 66 (PSX US) 8.82%
Marathon Petroleum Corporation(MPC US) 8.07%
Valero Energy Corporation (VLO US) 7.74%
Tesoro Corporation (TSO US) 6.52%
Reliance Industries Limited Sponsored GDR 144A (RIGD LI) 6.49%
HollyFrontier Corporation (HFC US) 6.17%
JX Holdings, Inc. (5020 JP)  5.55%
Polski Koncern Naftowy ORLEN S.A. (PKN PW)  5.14%
Formosa Petrochemical Corp (6505 TT)  4.41%
Galp Energia, SGPS S.A. Class B (GALP PL) 4.15%


Fund Domicile Breakdown (31/08/2015):

United States 47.8%
Japan 10.9%
India 6.5%
South Korea 6.2%
Poland 5.1%
Taiwan 4.4%
Portugal 4.2%
Finland 3.8%
Turkey 3.7%
Australia 3.6%
Thailand 3.1%
Greece 0.7%


Useful Links:
CRAK Home Page


Category: Equities> Global> Global Sectors

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