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Market Vectors Agribusiness Etf

Market Vectors Agribusiness ETF (ticker symbol: MOO) is an exchange-traded fund that invests in agricultural companies.

It aims to provide a high long-term capital appreciation by tracking the Market Vectors Agribusiness Index. The companies included in this index are involved in five agribusiness sectors:

* Agricultural chemicals

* Animal Nutrition and

* Farm Equipment & Irrigation

* Livestock

* Seeds and traits

Top holdings of MOO include companies such as Archer-Daniels-Midland, Syngenta AG, fertilizers, Zoetis Inc, and Bunge Limited.

The fund is administered by Van Eck Associates, a worldwide asset manager with a satellite base In Hauppauge, New York, and manages assets of about $5.2 billion as of March 28, 2014. Market Vectors Agribusiness ETF trades on the New York stock exchange, and the stock price is $111.23.

The fund has total one-year returns of -0.56% and average daily trading volume of 4,537.

Market Vectors Agribusiness ETF has a 0.39% expense ratio.