Morningstar Advisor - December 2012/January 2013 - (Page 15)

MoRnIngsTAR’s wIDe MoAT MeThoDology 60 The DIFFeRenCe? Proven Index Track Record* 53.61% SM 2/14/2007 – 10/31/2012 Historical Index Cumulative Return (%) 40 Morningstar® Wide Moat Focus Index 20 10.61% 0 -20 S&P ® 500 Index -40 -60 2007 *Index performance is not illustrative of Fund performance. The Fund has a limited operating history. 2008 2009 2010 2011 2012 Source: Morningstar Direct. Morningstar® wide Moat Focus IndexsM consists of 20 companies identified as having sustainable, competitive advantages, and whose stocks are the most attractively priced, according to Morningstar. The Index inception date is 2/14/07. The eTF commenced 4/24/12. MOAT Market Vectors Morningstar Wide Moat Research ETF What are moats? Why do they matter? Scan to find out. 888.MKT.VCTR marketvectorsetfs.com/moat An investor cannot invest directly in an index. Returns reflect past performance of the Index and do not guarantee future results. Results reflect the reinvestment of dividends and capital gains, if any. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown. Fund performance information current to the most recent month end is available by calling 888.MKT.VCTR or by visiting marketvectorsetfs.com. The Morningstar Wide Moat Focus Index was created and is maintained by Morningstar, Inc. Morningstar, Inc. does not sponsor, endorse, issue, sell or promote the Market Vectors Morningstar Wide Moat Research ETF and bears no liability with respect to that ETF or any security. Morningstar® is a registered trademark of Morningstar, Inc. Morningstar® Wide Moat Focus IndexSM is a service mark of Morningstar, Inc. The S&P® 500 Index consists of 500 widely held common stocks. The value of the securities held by the Fund may fluctuate due to market and economic conditions or factors relating to specific issuers. Small- and medium-capitalization companies may be more volatile than large-capitalization companies. The Fund is subject to index tracking risk and may not be able to invest in certain securities in the exact proportions in which they are represented in the Index. The Fund’s assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors. 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. Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 888.MKT.VCTR or visit marketvectorsetfs.com. Please read the prospectus and summary prospectus carefully before investing. VAn eCK seCuRITIes CoRPoRATIon, DIsTRIbuToR ■ 335 MADIson AVenue ■ new yoRK, ny 10017 http://www.marketvectorsetfs.com/moat http://www.marketvectorsetfs.com http://www.marketvectorsetfs.com

Table of Contents for the Digital Edition of Morningstar Advisor - December 2012/January 2013

Morningstar Advisor - December2012/January 2013
Contents
Contributors
Letter From the Editor
What Stands Between Me and Stupid
Why Do You Use Dynamic Funds of Funds?
Serving Clients and Community
How to Pick an ETF Managed Portfolio Strategy
Tactical View of Risk
Investments á la Carte
Investment Briefs
Unbundling ETF Managed Portfolios
Risks Loom Over Telecom Industry
Outsourcing Asset Allocation
ETF Managed Portfolios on the Rise
Age-Based Options Take Over 529 Industry
How the Landscape for Advisors Is Changing
Mark Egan Embraces Volatility
Alpha, Beta, and Now … Gamma
Performance Gaps
Gains in Momentum
Companies Where Management Teams Add Value
Our Favorite Mutual Funds
50 Most-Popular Equity ETFs
Undervalued Stocks With Wide Moats
The Once and Future King

Morningstar Advisor - December 2012/January 2013