The funding seeks to copy as intently as potential, earlier than charges and bills, the worth and yield efficiency of the NYSE Arca Gold Miners Index. The fund usually invests no less than 80% of its complete property in frequent shares and depositary receipts of corporations concerned within the gold mining trade. The index is a modified market-capitalization weighted index primarily comprised of publicly traded corporations concerned within the mining for gold and silver. The fund is non-diversified.
