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The Market Vectors Pharmaceutical ETF (PPH) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Pharmaceutical 25 Index (MVPPHTR). The Index is a rules-based index intended to track the overall performance of 25 of the largest U.S. listed, publicly traded pharmaceutical companies.
Distribution / Performance
* Exchange Traded Notes (ETNs) are debt instruments issued by a financial institution. We do not currently publish 'Holdings' and holdings related exposure analysis, since an ETN does not represent an ownership stake in the underlying securities in the benchmark that it intends to track. Investors should also note that these debt obligations are usually unsecured, which means that the investor in the ETN is taking on the credit risk of the issuing entity.
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