ici.htm

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ACXK78F2KFhvPLjKwKfZQAdo1oCBwqLhIT382gk3ZYqQSm2GZiPt1PD8pNuv0XMq g66vaEzgjm0veUAY1/xw/w== 0001137360-08-000061.txt : 20080701 0001137360-08-000061.hdr.sgml : 20080701 20080630181407 ACCESSION NUMBER: 0001137360-08-000061 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080430 FILED AS OF DATE: 20080701 DATE AS OF CHANGE: 20080630 EFFECTIVENESS DATE: 20080701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARKET VECTORS ETF TRUST CENTRAL INDEX KEY: 0001137360 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-10325 FILM NUMBER: 08927106 BUSINESS ADDRESS: STREET 1: 99 PARK AVENUE - 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2122932054 MAIL ADDRESS: STREET 1: 99 PARK AVENUE - 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10016 FORMER COMPANY: FORMER CONFORMED NAME: MARKET VECTORS TRUST DATE OF NAME CHANGE: 20050516 FORMER COMPANY: FORMER CONFORMED NAME: VAN ECK ALTERNATIVES INDEX FUND DATE OF NAME CHANGE: 20030327 FORMER COMPANY: FORMER CONFORMED NAME: VAN ECK ECONOMEX INDUSTRIES INDEX FUND DATE OF NAME CHANGE: 20010329

0001137360 S000019190 Market Vectors-Lehman Brothers AMT-Free Intermediate Municipal Index ETF

C000053007 Market Vectors-Lehman Brothers AMT-Free Intermediate Municipal Index ETF ITM

0001137360 S000019191 Market Vectors-Lehman Brothers AMT-Free Long Municipal Index ETF

C000053008 Market Vectors-Lehman Brothers AMT-Free Long Municipal Index ETF MLN

0001137360 S000019192 Market Vectors-Lehman Brothers AMT-Free Short Municipal Index ETF

C000053009 Market Vectors-Lehman Brothers AMT-Free Short Municipal Index ETF SMB

NSAR-B 1 answer.fil FILING PAGE 1 000 B000000 04/30/2008 000 C000000 0001137360 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 MARKET VECTORS ETF TRUST 001 B000000 811-10325 001 C000000 2122932000 002 A000000 99 PARK AVENUE 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10016 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 13 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 007 C011100 11 007 C021100 INTERMEDIATE MUNICIPAL INDEX ETF 007 C031100 N 007 C011200 12 007 C021200 LONG MUNICIPAL INDEX ETF 007 C031200 N 007 C011300 13 007 C021300 SHORT MUNICIPAL INDEX ETF 007 C031300 N 007 C011400 14 007 C011500 15 007 C011600 16 007 C011700 17 007 C011800 18 007 C011900 19 007 C012000 20 008 A00AA01 VAN ECK ASSOCIATES CORP. 008 B00AA01 A 008 C00AA01 801-21340 PAGE 2 008 D01AA01 NEW YORK 008 D02AA01 NY 008 D03AA01 10016 010 A00AA01 VAN ECK ASSOCIATES CORP. 010 B00AA01 801-21340 010 C01AA01 NEW YORK 010 C02AA01 NY 010 C03AA01 10016 011 A00AA01 VAN ECK SECURITIES CORP. 011 B00AA01 8-04618 011 C01AA01 NEW YORK 011 C02AA01 NY 011 C03AA01 10016 012 A00AA01 BANK OF NEW YORK 012 B00AA01 85-05006 012 C01AA01 NEW YORK 012 C02AA01 NY 012 C03AA01 10286 013 A00AA01 ERNST & YOUNG LLP 013 B01AA01 NEW YORK 013 B02AA01 NY 013 B03AA01 10036 014 A00AA01 VAN ECK SECURITIES CORP. 014 B00AA01 8-04618 015 A00AA01 BANK OF NEW YORK 015 B00AA01 C 015 C01AA01 NEW YORK 015 C02AA01 NY 015 C03AA01 10286 015 E01AA01 X 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 21 019 C00AA00 VANECKFUND 020 C000001 0 020 C000002 0 020 C000003 0 020 C000004 0 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 0 022 A000001 BANK OF NEW YORK 022 B000001 13-5160382 022 C000001 13389 022 D000001 13214 022 A000002 THE MUNI CENTER 022 C000002 25590 PAGE 3 022 D000002 0 022 A000003 MERRILL LYNCH & CO 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A00AA00 0 042 B00AA00 0 042 C00AA00 0 042 D00AA00 0 042 E00AA00 0 042 F00AA00 0 042 G00AA00 0 042 H00AA00 0 043 00AA00 0 044 00AA00 0 054 A00AA00 Y 054 B00AA00 Y 054 C00AA00 N 054 D00AA00 N 054 E00AA00 N 054 F00AA00 N 054 G00AA00 Y 054 H00AA00 Y 054 I00AA00 N 054 J00AA00 Y 054 K00AA00 N 054 L00AA00 Y 054 M00AA00 Y 054 N00AA00 N 054 O00AA00 N 058 A00AA00 N 059 00AA00 Y 060 A00AA00 N 060 B00AA00 N 061 00AA00 0 077 A000000 Y 077 B000000 Y 080 A00AA00 GREAT AMERICAN INSURANCE CO. 080 C00AA00 2500 081 A00AA00 Y 081 B00AA00 10 082 A00AA00 Y 082 B00AA00 5 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N PAGE 5 028 A011100 0 028 A021100 0 028 A031100 0 028 A041100 0 028 B011100 10400 028 B021100 0 028 B031100 0 028 B041100 0 028 C011100 0 028 C021100 0 028 C031100 0 028 C041100 0 028 D011100 0 028 D021100 0 028 D031100 0 028 D041100 0 028 E011100 0 028 E021100 0 028 E031100 0 028 E041100 0 028 F011100 5218 028 F021100 0 028 F031100 0 028 F041100 0 028 G011100 15618 028 G021100 0 028 G031100 0 028 G041100 0 028 H001100 0 045 001100 Y 046 001100 N 047 001100 Y 048 001100 0.250 048 A011100 0 048 A021100 0.000 048 B011100 0 048 B021100 0.000 048 C011100 0 048 C021100 0.000 048 D011100 0 048 D021100 0.000 048 E011100 0 048 E021100 0.000 048 F011100 0 048 F021100 0.000 048 G011100 0 048 G021100 0.000 048 H011100 0 048 H021100 0.000 048 I011100 0 048 I021100 0.000 PAGE 6 048 J011100 0 048 J021100 0.000 048 K011100 0 048 K021100 0.000 049 001100 N 050 001100 N 051 001100 N 052 001100 N 053 A001100 Y 053 B001100 Y 053 C001100 N 055 A001100 N 055 B001100 N 056 001100 Y 057 001100 N 062 A001100 Y 062 B001100 0.0 062 C001100 0.0 062 D001100 0.0 062 E001100 0.2 062 F001100 0.0 062 G001100 0.0 062 H001100 0.0 062 I001100 0.0 062 J001100 0.0 062 K001100 0.0 062 L001100 0.0 062 M001100 0.0 062 N001100 0.0 062 O001100 98.4 062 P001100 0.0 062 Q001100 0.0 062 R001100 0.0 063 A001100 0 063 B001100 10.9 064 A001100 Y 064 B001100 N 066 A001100 N 067 001100 N 068 A001100 N 068 B001100 N 069 001100 Y 070 A011100 N 070 A021100 N 070 B011100 N 070 B021100 N 070 C011100 N 070 C021100 N 070 D011100 N 070 D021100 N 070 E011100 N PAGE 7 070 E021100 N 070 F011100 N 070 F021100 N 070 G011100 N 070 G021100 N 070 H011100 N 070 H021100 N 070 I011100 N 070 I021100 N 070 J011100 Y 070 J021100 N 070 K011100 N 070 K021100 N 070 L011100 N 070 L021100 N 070 M011100 N 070 M021100 N 070 N011100 N 070 N021100 N 070 O011100 N 070 O021100 N 070 P011100 N 070 P021100 N 070 Q011100 N 070 Q021100 N 070 R011100 N 070 R021100 N 071 A001100 15469 071 B001100 55 071 C001100 13930 071 D001100 0 072 A001100 6 072 B001100 159 072 C001100 0 072 D001100 0 072 E001100 0 072 F001100 11 072 G001100 0 072 H001100 0 072 I001100 0 072 J001100 1 072 K001100 0 072 L001100 1 072 M001100 1 072 N001100 2 072 O001100 0 072 P001100 0 072 Q001100 6 072 R001100 36 072 S001100 1 072 T001100 0 PAGE 8 072 U001100 0 072 V001100 0 072 W001100 10 072 X001100 69 072 Y001100 60 072 Z001100 151 072AA001100 0 072BB001100 1 072CC011100 0 072CC021100 166 072DD011100 129 072DD021100 0 072EE001100 0 073 A011100 1.2900 073 A021100 0.0000 073 B001100 0.0000 073 C001100 0.0000 074 A001100 0 074 B001100 0 074 C001100 0 074 D001100 15259 074 E001100 0 074 F001100 0 074 G001100 0 074 H001100 0 074 I001100 0 074 J001100 0 074 K001100 0 074 L001100 260 074 M001100 0 074 N001100 15519 074 O001100 0 074 P001100 0 074 Q001100 0 074 R011100 0 074 R021100 0 074 R031100 0 074 R041100 46 074 S001100 0 074 T001100 15473 074 U011100 150 074 U021100 0 074 V011100 103.16 074 V021100 0.00 074 W001100 0.0000 074 X001100 28 074 Y001100 0 075 A001100 0 075 B001100 10653 076 001100 0.00 028 A011200 0 PAGE 9 028 A021200 0 028 A031200 0 028 A041200 0 028 B011200 0 028 B021200 0 028 B031200 0 028 B041200 0 028 C011200 9991 028 C021200 0 028 C031200 0 028 C041200 0 028 D011200 0 028 D021200 0 028 D031200 0 028 D041200 0 028 E011200 9318 028 E021200 0 028 E031200 0 028 E041200 0 028 F011200 4836 028 F021200 0 028 F031200 0 028 F041200 0 028 G011200 24145 028 G021200 0 028 G031200 0 028 G041200 0 028 H001200 0 045 001200 Y 046 001200 N 047 001200 Y 048 001200 0.250 048 A011200 0 048 A021200 0.000 048 B011200 0 048 B021200 0.000 048 C011200 0 048 C021200 0.000 048 D011200 0 048 D021200 0.000 048 E011200 0 048 E021200 0.000 048 F011200 0 048 F021200 0.000 048 G011200 0 048 G021200 0.000 048 H011200 0 048 H021200 0.000 048 I011200 0 048 I021200 0.000 048 J011200 0 PAGE 10 048 J021200 0.000 048 K011200 0 048 K021200 0.000 049 001200 N 050 001200 N 051 001200 N 052 001200 N 053 A001200 Y 053 B001200 Y 053 C001200 N 055 A001200 N 055 B001200 N 056 001200 Y 057 001200 N 062 A001200 Y 062 B001200 0.0 062 C001200 0.0 062 D001200 0.0 062 E001200 0.1 062 F001200 0.0 062 G001200 0.0 062 H001200 0.0 062 I001200 0.0 062 J001200 0.0 062 K001200 0.0 062 L001200 0.0 062 M001200 0.0 062 N001200 0.0 062 O001200 98.4 062 P001200 0.0 062 Q001200 0.0 062 R001200 0.0 063 A001200 0 063 B001200 25.7 064 A001200 Y 064 B001200 N 066 A001200 N 067 001200 N 068 A001200 N 068 B001200 N 069 001200 Y 070 A011200 N 070 A021200 N 070 B011200 N 070 B021200 N 070 C011200 N 070 C021200 N 070 D011200 N 070 D021200 N 070 E011200 N 070 E021200 N PAGE 11 070 F011200 N 070 F021200 N 070 G011200 N 070 G021200 N 070 H011200 N 070 H021200 N 070 I011200 N 070 I021200 N 070 J011200 Y 070 J021200 N 070 K011200 N 070 K021200 N 070 L011200 N 070 L021200 N 070 M011200 N 070 M021200 N 070 N011200 N 070 N021200 N 070 O011200 N 070 O021200 N 070 P011200 N 070 P021200 N 070 Q011200 N 070 Q021200 N 070 R011200 N 070 R021200 N 071 A001200 23846 071 B001200 0 071 C001200 15201 071 D001200 0 072 A001200 6 072 B001200 216 072 C001200 0 072 D001200 0 072 E001200 0 072 F001200 11 072 G001200 0 072 H001200 0 072 I001200 0 072 J001200 1 072 K001200 0 072 L001200 1 072 M001200 0 072 N001200 0 072 O001200 0 072 P001200 0 072 Q001200 4 072 R001200 33 072 S001200 1 072 T001200 0 072 U001200 0 PAGE 12 072 V001200 0 072 W001200 16 072 X001200 67 072 Y001200 56 072 Z001200 205 072AA001200 0 072BB001200 0 072CC011200 0 072CC021200 72 072DD011200 136 072DD021200 0 072EE001200 0 073 A011200 1.0100 073 A021200 0.0000 073 B001200 0.0000 073 C001200 0.0000 074 A001200 0 074 B001200 0 074 C001200 0 074 D001200 23787 074 E001200 0 074 F001200 0 074 G001200 0 074 H001200 0 074 I001200 0 074 J001200 0 074 K001200 0 074 L001200 402 074 M001200 0 074 N001200 24189 074 O001200 0 074 P001200 0 074 Q001200 0 074 R011200 0 074 R021200 0 074 R031200 0 074 R041200 47 074 S001200 0 074 T001200 24142 074 U011200 250 074 U021200 0 074 V011200 96.57 074 V021200 0.00 074 W001200 0.0000 074 X001200 32 074 Y001200 0 075 A001200 0 075 B001200 14463 076 001200 0.00 028 A011300 0 028 A021300 0 PAGE 13 028 A031300 0 028 A041300 0 028 B011300 0 028 B021300 0 028 B031300 0 028 B041300 0 028 C011300 0 028 C021300 0 028 C031300 0 028 C041300 0 028 D011300 4963 028 D021300 0 028 D031300 0 028 D041300 0 028 E011300 0 028 E021300 0 028 E031300 0 028 E041300 0 028 F011300 0 028 F021300 0 028 F031300 0 028 F041300 0 028 G011300 4963 028 G021300 0 028 G031300 0 028 G041300 0 028 H001300 0 045 001300 Y 046 001300 N 047 001300 Y 048 001300 0.250 048 A011300 0 048 A021300 0.000 048 B011300 0 048 B021300 0.000 048 C011300 0 048 C021300 0.000 048 D011300 0 048 D021300 0.000 048 E011300 0 048 E021300 0.000 048 F011300 0 048 F021300 0.000 048 G011300 0 048 G021300 0.000 048 H011300 0 048 H021300 0.000 048 I011300 0 048 I021300 0.000 048 J011300 0 048 J021300 0.000 PAGE 14 048 K011300 0 048 K021300 0.000 049 001300 N 050 001300 N 051 001300 N 052 001300 N 053 A001300 Y 053 B001300 Y 053 C001300 N 055 A001300 N 055 B001300 N 056 001300 Y 057 001300 N 062 A001300 Y 062 B001300 0.0 062 C001300 0.0 062 D001300 0.0 062 E001300 2.4 062 F001300 0.0 062 G001300 0.0 062 H001300 0.0 062 I001300 0.0 062 J001300 0.0 062 K001300 0.0 062 L001300 0.0 062 M001300 0.0 062 N001300 0.0 062 O001300 98.6 062 P001300 0.0 062 Q001300 0.0 062 R001300 0.0 063 A001300 0 063 B001300 3.7 064 A001300 Y 064 B001300 N 066 A001300 N 067 001300 N 068 A001300 N 068 B001300 N 069 001300 Y 070 A011300 N 070 A021300 N 070 B011300 N 070 B021300 N 070 C011300 N 070 C021300 N 070 D011300 N 070 D021300 N 070 E011300 N 070 E021300 N 070 F011300 N PAGE 15 070 F021300 N 070 G011300 N 070 G021300 N 070 H011300 N 070 H021300 N 070 I011300 N 070 I021300 N 070 J011300 Y 070 J021300 N 070 K011300 N 070 K021300 N 070 L011300 N 070 L021300 N 070 M011300 N 070 M021300 N 070 N011300 N 070 N021300 N 070 O011300 N 070 O021300 N 070 P011300 N 070 P021300 N 070 Q011300 N 070 Q021300 N 070 R011300 N 070 R021300 N 071 A001300 7579 071 B001300 2670 071 C001300 4826 071 D001300 55 072 A001300 6 072 B001300 25 072 C001300 0 072 D001300 0 072 E001300 0 072 F001300 2 072 G001300 0 072 H001300 0 072 I001300 0 072 J001300 0 072 K001300 0 072 L001300 0 072 M001300 0 072 N001300 2 072 O001300 0 072 P001300 0 072 Q001300 2 072 R001300 34 072 S001300 0 072 T001300 0 072 U001300 0 072 V001300 0 PAGE 16 072 W001300 11 072 X001300 51 072 Y001300 50 072 Z001300 24 072AA001300 0 072BB001300 10 072CC011300 0 072CC021300 15 072DD011300 21 072DD021300 0 072EE001300 0 073 A011300 0.2100 073 A021300 0.0000 073 B001300 0.0000 073 C001300 0.0000 074 A001300 0 074 B001300 0 074 C001300 0 074 D001300 4992 074 E001300 0 074 F001300 0 074 G001300 0 074 H001300 0 074 I001300 0 074 J001300 271 074 K001300 0 074 L001300 115 074 M001300 0 074 N001300 5378 074 O001300 269 074 P001300 0 074 Q001300 0 074 R011300 0 074 R021300 0 074 R031300 0 074 R041300 167 074 S001300 0 074 T001300 4942 074 U011300 100 074 U021300 0 074 V011300 49.42 074 V021300 0.00 074 W001300 0.0000 074 X001300 22 074 Y001300 0 075 A001300 0 075 B001300 4952 076 001300 0.00 SIGNATURE RUSSELL BRENNAN TITLE MGR-PORTFOLIO ADMIN. EX-99.77B ACCT LTTR 2 ici.htm IC LETTER ici.htm

Report of Independent Registered Public Accounting Firm


To the Shareholders and Board of Trustees of

Market Vectors ETF Trust


In planning and performing our audit of the financial statements of Market Vectors
Lehman Brothers AMT-Free Intermediate Municipal, AMT-Free Long Municipal and
AMT-Free Short Municipal Index ETFs (three of the Funds comprising Market Vectors
ETF Trust) (the Trust) as of and for the period ended April 30, 2008, in accordance
with the standards of the Public Company Accounting Oversight Board (United States),
we considered the its internal control over financial reporting, including controls
over safeguarding securities, as a basis for designing our auditing procedures
for the purpose of  expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, but not for the purpose of expressing
an opinion on the effectiveness of the Trusts internal control over financial
reporting. Accordingly, we express no such opinion.


The management of the Trust is responsible for establishing and maintaining
effective internal control over financial reporting. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of controls. A companys internal control over
financial reporting is a process designed to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles.
A companys internal control over financial reporting includes those policies and
procedures that (1) pertain to the maintenance of records that, in reasonable detail,
accurately and fairly reflect the transactions and dispositions of the assets of
the company; (2) provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the company
are being made only in accordance with authorizations of management and trustees of
the company; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use or disposition of a companys assets
that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance with
the policies or procedures may deteriorate.


A deficiency in internal control over financial reporting exists when the design
or operation of a control does not allow management or employees, in the normal
course of performing their assigned functions, to prevent or detect misstatements
on a timely basis. A material weakness is a deficiency, or combination of
deficiencies, in internal control over financial reporting, such that there is a
reasonable possibility that a material misstatement of the companys annual or
interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Trusts internal control over financial reporting was
for the limited purpose described in the first paragraph and would not necessarily
disclose all deficiencies in internal control that might be material weaknesses
under standards established by the Public Company Accounting Oversight Board
(United States). However, we noted no deficiencies in the Trusts internal
control over financial reporting and its operation, including controls over
safeguarding securities, that we consider to be a material weakness as defined
above as of April 30, 2008.

This report is intended solely for the information and use of management and
the Board of Trustees of Market Vectors ETF Trust, and the Securities and
Exchange Commission and is not intended to be and should not be used by anyone
other than these specified parties.


Ernst & Young LLP


June 24, 2008

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