Relevance of strategy
This ETF represents passive exposure to gold and silver mining businesses from developed and emerging markets small cap equities.
Liquidity
The ETF is listed on multiple Europe exchanges in various currencies.
VanEck is a US-based asset management firm founded in 1955 by John Van Eek. VanEck manages over US$180bn of assets, primarily in thematic investments across asset classes, and mainly implemented through ETFs.
The VanEck Junior Gold Miners UCITS ETF is a passive index solution that tracks the MVIS Global Junior Gold Miners Index using a full physical replication approach. The index is a pure-play thematic modified free float-adjusted market cap weighted index designed to track global small-cap companies that are primarily involved in gold and silver mining, with >50% revenue derived from gold or silver mining, royalties, or streaming activities. Companies need to be public listed for foreign investors access, and have >$150m market cap with trading volume liquidity. The top 60% and bottom 2% of the list are then excluded to derive the small cap exposure. The index also has a 20% cap per constituent. The ETF has ~110 holdings similar to the index.