Gold Miners ETF
VanEck Gold Miners UCITS ETF
Gold Miners ETF
VanEck Gold Miners UCITS ETF
Fund Description
Glittering through good and bad times, gold has proved the ultimate hedge against uncertainty. The VanEck Gold Miners UCITS ETF invests in gold and silver miners’ stocks, which have prices strongly correlated with the gold price.
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NAV$38.02
as of 08 May 2024 -
YTD RETURNS9.81%
as of 08 May 2024 -
Total Net Assets$946.8 million
as of 08 May 2024 -
Total Expense Ratio0.53%
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Inception Date25 Mar 2015
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SFDR ClassificationArticle 6
Overview
Fund Description
Glittering through good and bad times, gold has proved the ultimate hedge against uncertainty. The VanEck Gold Miners UCITS ETF invests in gold and silver miners’ stocks, which have prices strongly correlated with the gold price.
- Gold is often seen as an investment safe haven
- Gold miners provide the advantages of both physical gold and revenue generating companies
- Spread portfolio risks
- Possible protection against inflation
- Gold miners have historically provided leveraged exposure to gold prices
Risk Factors: Risk of investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
NYSE Arca Gold Miners Index (GDMNTR)
Fund Highlights
- Gold is often seen as an investment safe haven
- Gold miners provide the advantages of both physical gold and revenue generating companies
- Spread portfolio risks
- Possible protection against inflation
- Gold miners have historically provided leveraged exposure to gold prices
Risk Factors: Risk of investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
NYSE Arca Gold Miners Index (GDMNTR)
Performance
Holdings
Portfolio
Literature
Index
Index Description
NYSE Arca Gold Miners Index is a pure-play, global index, tracking the performance of the largest publicly-traded companies worldwide which are primarily involved in the mining for gold and silver.
Index Key Points
Underlying Index
NYSE Arca Gold Miners Index (GDMNTR)
Index components
The index comprises publicly traded companies involved in the gold mining industry.
Companies eligible for inclusion
- Globally-listed
- Market capitalization greater than USD 750 million
- Average daily volume of at least 50,000 shares
- Average daily value traded of at least USD 1 million
Index Provider
ICE Data Indices, LLC
For more information about the index please click here