Market Vectors Long Muni (MLN)

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The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclays Capital AMT-Free Long Continuous Municipal index. The fund normally invests at least 80% of total assets in fixed income securities that comprise the index. It has adopted a fundamental investment policy to invest at least 80% of assets in investments suggested by its name. The fund is nondiversified.