Sprott Gold Miners ETF (SGDM ETF) It tracks the stock index of gold mining companies. Companies with higher revenue growth, lower equity leverage and higher returns on free cash flow gain more weight. Sprott Gold Miners ETF (SGDM ETF)NYSEArca, traded on NYSEArca, is a dividend ETF. This exchange-traded fund comes with an annual management cost of 0.50 percent.
SGDM Factset Analytics Insight
SGDM offers exposure to stocks in gold mining companies. The index-based fund owns shares classified as a gold mine in the Americas and Asia/Pacific according to the RBICS Industrial System. The weighting scheme begins with market value weights, then adds or subtracts the weight based on three primary factors: higher revenue growth, lower debt over equity, and higher return on free cash flow. (These factors are equally important in the outcome, but the companies themselves are not likely.)
Companies with positive scores gain more weight, while companies with lower scores lose weight, but it is clear that they still hold on to the index. The maximum single position is 18% when rebalancing. The core index is reconstituted and rebalanced on a quarterly basis. Prior to July 22, 2019, the fund was tracking the Sprott Zacks Gold Miners Index.
key facts
Sprott Gold Miners Exchange Trading Fund (NYSE Arca: SGDM) It strives to achieve investment results that are generally consistent (before fees and expenses) with those of its underlying index, the Solactive Gold Miners Custom Factors Index (index index: SOLGMCFT). The index aims to track the results of major gold companies whose shares are listed on the major Canadian and US stock exchanges.
The index uses a transparent rules-based approach designed to emphasize the top gold companies with the highest revenue growth, return on free cash flow and the lowest long-term debt on equity. The index is recreated every three months to reflect the companies with the highest scores in the factors.
Fund Summary
The underlying index is intended to track the performance of gold companies in the United States and Canada whose common stock or American Depositary Receipts (“ADRs”) are traded on the Toronto Stock Exchange, the New York Stock Exchange and the Nasdaq. The fund typically invests at least 90% of its net assets in securities included in the index. The fund is not diversified.
Handla SGDM ETF
Sprott Gold Miners ETF (SGDM ETF) Only available for purchase in the United States. For this reason, it is not available in Swedish online brokers. CMC . Markets However, trade progresses in SGDM ETF.
also AvaTrade Trade offers with Sprott Gold Miners ETF (SGDM ETF) in the form of contracts for difference. to AvaTrade.
also IG However, trade progresses in Sprott Gold Miners ETF (SGDM ETF). Until IGs ETF Checker.
biggest possession
Guarantees | inside | short name | Weight% |
Newmont Corporation. | US6516391066 | no | 13.61% |
Franco Nevada Corporation. | CA3518581051 | FNV CN | 11.17% |
Barrick Gold Corporation. | CA0679011084 | ABX CN | 8.73% |
Kirkland Lake Gold Ltd. | CA49741E1007 | Kuala Lumpur CN | 5.85% |
Royal Gold Company | US7802871084 | RGLD | 5.06% |
Endeavor Mining PLC | GB00BL6K5J42 | EDV C | 4.37% |
Yamana Gold Company | CA98462Y1007 | YRI CN | 4.06% |
price resource company | CA74139C1023 | PVG CN | 3.72% |
Centra Gold Company | CA1520061021 | CG C | 3.70% |
B2Gold Corp. | CA11777Q2099 | BTO CN | 3.63% |
Collectibles may change
