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VanEck Vectors Gold Miners ETF GDX

Fund description: GDX gives investors exposure to a diversified portfolio of companies involved in the gold mining industry. GDX aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The NYSE Arca Gold Miners Index (AUD) is a modified market capitalisation-weighted index and provides exposure to publicly traded companies worldwide involved primarily in gold mining, representing a diversified blend of small-, mid- and large-capitalisation stocks.

Management style: Replication

  as at 13-Aug-20

  • Exchange

    ASX

  • ASX code

    GDX

  • Bloomberg index code

    GDMAUDNR

  • Index provider

    ICE Data Indices, LLC

  • NAV1

    $56.45

  • Units outstanding1

    6,823,071

  • Net assets1

    $385.1M

  • Number of holdings

    53

  • NYSE commencement

    16-May-06

  • ASX commencement

    26-Jun-15

1As of the close of the previous trading day.

 

as at 13-Aug-20

The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 3pm next business day.

Key benefits

Access the power of gold miners
Gold mining companies' fortunes are inextricably linked to the price of gold bullion

Portfolio risk management
The gold mining sector has historically benefited during periods of extreme volatility in financial markets and has been used to provide a hedge to inflation

Global diversification
Access a portfolio of global large to mid-sized gold mining companies with one trade on ASX

Trading information

  • ASX code

    GDX

  • IRESS code

    GDX.AXW

  • Units outstanding

    6,823,071

  • ISIN

    AU000000GDX6

Fees and other costs  

  • Management costs p.a.

    0.53%

Key risks

An investment in the ETF carries risks associated with: financial markets generally, individual company management, industry sectors, foreign currency, country or sector concentration, political, regulatory and tax risks, fund operations and tracking an index. See the PDS for details.

Prices as at  13-Aug-20

NAV/
Last trade		 Volume:
30-day avg/
Previous day		 Daily change: NAV/
Last trade		 YTD change:
NAV/
Last trade		 Premium/
Discount		 Premium/
Discount
Distribution charts		 NAV &
Premium /Discount
History		 NAV
Chart
GDX $56.45
$56.40		 91,142
85,292		 $1.65 / +3.01%
$1.29 / +2.34%		 +35.24%
+34.20%
 $-0.05
-0.08%

Performance history (%) View all ETFs » View all indices »

1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 12.89 21.15 38.58 54.79 28.00 26.18 1.18 1.05
Income return 0.00 0.00 0.00 0.90 0.80 0.76 0.66 0.62
Total return 12.89 21.15 38.58 55.69 28.80 26.94 1.84 1.67
Index (GDMAUDNR) 12.95 20.68 38.84 55.84 29.27 27.42 2.28 2.12
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 3.03 38.94 27.41 45.58 22.74 18.13 -1.45 0.19
Income return 0.00 0.00 0.00 0.85 0.77 0.71 0.64 0.62
Total return 3.03 38.94 27.41 46.43 23.51 18.84 -0.81 0.81
Index (GDMAUDNR) 2.57 38.48 27.22 46.89 23.92 19.27 -0.41 1.26
The performance data quoted represents past performance. Past performance is not a guarantee of future results. Performance information for the Fund reflects temporary waivers of expenses and/or fees. Had the Fund incurred all expenses, investment returns would have been reduced. Investment return and value of the shares of the Fund will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Fund returns reflect dividends and capital gains distributions. Performance current to the most recent month end is available at vaneck.com.au.

Top ten holdings (%) View all daily holdings » as at 31-Jul-20

No. of holdings: 53
Holding name
Ticker
 % of Net
assets(US$)
NEWMONT CORP
NEM US
 13.02
BARRICK GOLD CORP
GOLD US
 12.05
FRANCO-NEVADA CORP
FNV US
 7.12
WHEATON PRECIOUS METALS CORP
WPM US
 5.71
NEWCREST MINING LTD
NCM AU
 4.89
AGNICO EAGLE MINES LTD
AEM US
 4.59
KIRKLAND LAKE GOLD LTD
KL CN
 4.43
ANGLOGOLD ASHANTI LTD
AU US
 3.93
KINROSS GOLD CORP
KGC US
 3.45
GOLD FIELDS LTD
GFI US
 3.39
Top ten total (%) 62.58

These are not recommendations to buy or to sell any security.

Holdings: Holdings data shows the direct investments of the VanEck Vectors Gold Miners ETF (GDX), the underlying US fund into which GDX primarily invests to obtain exposure to the securities in the index. Accordingly the percentage holdings of GDX will vary slightly to those shown above because of its cash positions.

Country weightings (%) as at 31-Jul-20

  • Country

    Weightings (%)

  • Canada

    54.2

  • United States

    17.8

  • Australia

    14.4

  • South Africa

    8.7

  • China

    1.4

  • Monaco

    1.2

  • United Kingdom

    0.9

  • Peru

    0.9

  • Russia

    0.4

  • Other/Cash

    0.0

  • Total

    99.9

Sector weightings (%) as at 31-Jul-20

  • Sector

    Weightings (%)

  • Materials

    100.0

  • Other/Cash

    0.0

  • Total

    100.0