M1WDS1MI MSCI ACWI Select Gold Miners Investable Market Index

The Index is composed of global equities of companies primarily engaged in the business of gold mining. The Index aims to reflect commodity price movements by including companies that operate at or near the initial phase of commodity production and that are highly sensitive to underlying commodity prices. The Index screens for companies directly involved in the extraction and production of gold and that derive a majority of their revenues from gold mining and additionally that do not hedge their exposure to gold prices. For diversification benefits, the Index is capped so that 1) no single constituent can represent more than 25% of the index and 2) all constituents representing 5% or more of the index should not exceed 50% of the index market capitalization. The index is reviewed quarterly—in February, May, August and November—with the objective of reflecting change in the underlying equity markets in a timely manner, while limiting undue index turnover.

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As of 10/23/2021


Index Information
Provider:     MSCI
Category1:  Global Equity
Category2:  Single industry
Category3:  Gold miners
Currency:    USD
Inception date:  11/30/2010
Backtesting data exists:   No
Weighting methodology:   Market capitalization
Factsheet:  Read PDF
Number of holdings:  35  (as of 07/31/2017)
Rebalanced:  Quarterly
Reconstituted:  Quarterly

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