RING iShares MSCI Global Gold Miners Fund ETF

Seeks to track, before fees and expenses, the 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.

$25.69  -0.42 (-1.60%)
As of 01/26/2023 15:35:34 EST     IEX book   CBOE book

ETF Information
Sponsor:     iShares
Category1:  Global Equity
Category2:  Single industry
Category3:  Gold miners
Morningstar category:  Equity Precious Metals
Leverage factor:  1.00
Inception date:  01/31/2012
Index tracking method: Passive replication
Current yield:  0.89%
Historical average yield:  0.87%
Market cap:  $502,251,500
Average volume:  147,864
Fees:     0.3900%

Index Information
MSCI ACWI Select Gold Miners Investable Market Index
Index symbol:  M1WDS1MI
Provider:   MSCI
Index weighting:   Market capitalization
Index inception date:  11/30/2010
Backtesting data exists:   No
Index factsheet:  Read PDF
Number of holdings:  35  (as of 07/31/2017)
Rebalanced:  Quarterly
Reconstituted:  Quarterly

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy