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VanEck Vectors Gold Miners UCITS ETF
(Cboe: GDGXx)
The VanEck Vectors Gold Miners UCITS ETF is a UCITS-compliant exchange-traded fund that invests in a portfolio of equity securities. The ETF aims to provide investment returns that closely track the performance of the NYSE Arca Gold Miners Index (GDMNTR). The index is a pure-play, global index that tracks the performance of the largest publicly-traded companies which are primarily involved in the mining for gold and silver. The modified market-capitalisation weighted index is reviewed quarterly based on a strict rules-based methodology.
About Van Eck
Van Eck Global Investments Ltd., the management company of Market Vectors UCITS plc, is a subsidiary of Van Eck Associates Corporation, also known as Van Eck Global. The company is regulated under the law of Ireland and distributes the Market Vectors UCITS ETFs. Market Vectors Exchange Traded Funds (ETFs) have been offered by Van Eck Global since 2006 when the firm launched the nation’s first gold-mining ETF, Market Vectors Gold Miners ETF (GDX). Today we offer more than 60 ETFs that span several asset classes, including equity, fixed income, and currency markets. Many of our ETFs are based on pure-play indices whose constituents must derive a majority of revenues from the target region or sector. Market Vectors is one of the largest ETP families in the U.S. and worldwide.
www.marketvectors-europe.com