VanEck Announces March 2016 Distribution for Market Vectors Pharmaceutical ETF

NEW YORK–(BUSINESS WIRE)–VanEck announced today its regular distribution per share for its Market
Vectors Pharmaceutical ETF.

The following dates apply to today’s distribution declaration:

Ex-Date

           

Record Date

             

Payable Date

       
April 1, 2016 April 5, 2016 April 7, 2016
            Expected       Distribution
Distribution Amount
Fund       Ticker       Frequency       Per Share
 
Market Vectors Pharmaceutical ETF

PPH

Quarterly $0.6270
 

The majority, and possibly all, of the dividend distributions will be
paid out of net investment income earned by the Funds. A portion of
these distributions may come from net short-term or long-term realized
capital gains or return of capital.

The final tax treatment of these dividends will be reported to
shareholders on their 1099-DIV form, which is mailed after the close of
each fiscal year. The amount of dividends paid by each ETF may vary from
time to time. Past amounts of dividends are no guarantee of future
dividend payment amounts.

IRS Circular 230 disclosure: Van Eck does not provide legal, tax
or accounting advice. Any statement contained in this communication
concerning U.S. tax matters is not intended or written to be used, and
cannot be used, for the purpose of avoiding penalties imposed on the
relevant taxpayer. Shareholders or potential shareholders of the Market
Vectors ETFs should obtain their own independent tax advice based on
their particular circumstances.

If you have any questions concerning this information or the Market
Vectors ETFs in general, please call 800.826.2333 between 9:00 a.m. and
5:30 p.m., Monday through Friday.

About VanEck ETFs

VanEck’s mission is to offer intelligently designed investment
strategies that take advantage of targeted market opportunities. Founded
in 1955, the firm is a pioneer in global investing with a history of
placing clients’ interests first in all market environments. Today,
VanEck continues this tradition by offering innovative active and
passive investment portfolios in hard assets, emerging markets equity
and debt, precious metals, fixed income, and other alternative asset
classes. Market Vectors exchange-traded products are one of the largest
ETP families in the world, managing more than 70 funds that span a range
of sectors, asset classes, and geographies. As of February 29, 2016,
VanEck managed approximately $27.3 billion in assets, including mutual
funds, ETFs, and institutional accounts.

Please call 800.826.2333 or visit our website
for the most recent month-end performance of Market Vectors ETFs. This
information will be available no later than seven business days after
the most recent month end.

The principal risks of investing in Market Vectors Equity ETFs include
sector, market, economic, political, foreign currency, world event,
index tracking and non-diversification risks, as well as fluctuations in
net asset value and the risks associated with investing in less
developed capital markets. The Funds may loan their securities, which
may subject them to additional credit and counterparty risk. Please
see the Prospectus and Summary Prospectus of the Fund for more complete
information regarding its specific risks.

The “net asset value” (NAV) of an ETF is determined at the close of each
business day, and represents the dollar value of one share of the ETF;
it is calculated by taking the total assets of an ETF subtracting total
liabilities, and dividing by the total number of shares outstanding. The
NAV is not necessarily the same as an ETF’s intraday trading value.
Investors should not expect to buy or sell shares at NAV. Total returns
are based upon closing “market price” (price) of the ETF on the dates
listed.

Fund shares are not individually redeemable and will be issued and
redeemed at their NAV only through certain authorized broker-dealers in
large, specified blocks of shares called “creation units” and otherwise
can be bought and sold only through exchange trading. Creation units are
issued and redeemed principally in kind. Shares may trade at a premium
or discount to their NAV in the secondary market. You will incur
brokerage expenses when trading Fund shares in the secondary market.

Investors may call 800.826.2333 or visit vaneck.com
for a free
prospectus
and
summary
prospectus
. Investing involves risk, including
possible loss of principal. An investor should consider the investment
objective, risks, and charges and expenses of Market Vectors ETFs
carefully before investing. The prospectus and summary prospectus
contains this and other information. Please read the prospectus and
summary prospectus carefully before investing.

Van Eck Securities Corporation, Distributor, 666 Third Avenue, New York,
NY 10017

Contacts

Media:
MacMillan Communications
Mike MacMillan/Chris Sullivan,
212-473-4442
chris@macmillancom.com