Market Vectors Junior Gold Miners ETF NYSEARCA: $GDXJ JUNE-26-2015 LONG av $24.86
Market Vectors Junior Gold Miners ETF (NYSEARCA: GDXJ) JUNE-26-2015 LONG av $24.86
Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as much as possible, before fees and expenses, the price and performance of the Market Vectors gold miners Junior index (index). The index offers exposure to a global universe of listed companies in small and medium capitalization bag that generate at least 50% of their revenues from gold and / or silver mining operation, hold real property that has the potential to produce at least 50% of the revenues of the business of gold or silver in the mining developed, or primarily invest in gold or silver. The fund normally invests at least 80% of its total assets in companies involved in the industry of mining gold. The Index is the exclusive property of 4asset management GmbH, which has contracted with Structured Solutions AG to maintain and calculate the Index. Investment advisor of the Fund is Van Eck Associates Corporation.