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Market Vectors Global Junior Gold Miners Index to underlie Van Eck UCITS ETF

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Market Vectors Index Solutions (MVIS) has licensed the Market Vectors Global Junior Gold Miners Index (MVGDXJ) to Van Eck Global to underlie the Market Vectors Junior Gold Miners UCITS ETF (GDXJ). 

The Market Vectors Junior Gold Miners UCITS ETF is the second ETF issued by Van Eck Global based on the Global Junior Gold Miners Index. The index has been underlying a US‐listed Market Vectors ETF since October 2009 with assets under management of USD1.7 billion. Following the special index concept of all Market Vectors Indices, MVGDXJ is designed to be investable, specifically to underlie ETFs. 

The pure‐play index tracks the performance of the most liquid junior companies in the global gold and silver mining industry, provided they generate at least 50% of their revenue from this sector. Moreover, companies have to undergo demanding liquidity screenings to qualify for index inclusion. The free‐float weighted Market Vectors Global Junior Gold Miners Index is calculated as a price and total return net index in USD. Index reviews are applied quarterly.

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