Market Vectors ETFs
Van Eck Mutual Funds
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11/18/13: According to CNBC, some investment advisers and technical strategists contend that it’s time to invest in gold. Several discuss GDX in particular. Oppenheimer’s chief market technician, Carter Worth, says, “GDX has all the hallmarks of something that's stabilizing…”View interview »
11/15/13: Bloomberg writes about the gold positioning of billionaire investors John Paulson and George Soros. Accordingly, Soros recently “took a stake in the Market Vectors Gold Miners ETF (GDX).”View interview »
6/20/13: Commodity expert Rogers discusses with HAI’s Sumit Roy why he continues to buy gold and what he thinks needs to happen for a bull market to end. “The bull market in commodities will definitely come to an end someday. But someday is not here yet,” he says. View article »
2/12/13: The Motley Fool highlights GDX: "with many high-quality names crammed into this ETF, the Market Vectors Gold Miners ETF (GDX), with its 1.1% yield, could pack a shiny punch." View article »
Junior Gold Miners ETF
Rare Earth/Strategic Metals ETF
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Full Name: Market Vectors®Gold Miners ETF (GDX®)
Management Style: Replication
Underlying Index: NYSE Arca Gold Miners Index (GDMNTR)
Index Description: GDMNTR is a modified market capitalization-weighted index, and provides exposure to publicly traded companies worldwide involved primarily in gold mining, representing a diversified blend of small-, mid- and large- capitalization stocks. As such, the Fund is subject to the risks of investing in this sector.
Gold Funds and Gold ETFs
Index Total Return Ticker
Total Net Assets
Number of Holdings
30-Day SEC Yield1
Gross Expense Ratio2
Net Expense Ratio2
Nation's First Gold Shares ETF A sector that has historically provided a hedge against extreme volatility in general financial markets Pure Play with Global Scope Index constituents must be primarily involved in the mining for gold Comprehensive PortfolioA range of small, mid-sized, and large global gold mining companies
Potential for Income and Possible Tax Advantages Versus bullion investments
Intraday NAV (IIV)4
Gross Expense Ratio
Fee Waivers andExpense Reimbursement
Net Expense Ratio
*Returns less than one year are not annualized.
The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.
The "Net Asset Value" (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Market Vectors ETF investors should not expect to buy or sell shares at NAV.