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VanEck launches VanEck Vectors ETF on the global metal and mining sector


A new ETF issued by VanEck Vectors is tradable on Xetra and Börse Frankfurt as of Thursday.

The VanEck Vectors Global Mining UCITS ETF has been launched on Xetra and Börse Frankfurt giving investors access to equities, American Depositary Receipts (ADR) and Global Depositary Receipts (GDR) of metal and mining companies worldwide.
The reference index is the EMIX Global Mining Constrained Weights Index which comprises equities from companies whose main business activities are in the production of base, industrial and precious metals. It currently includes 160 equities from 24 markets, including the UK, Canada, the USA, Brazil, Russia and China. The fund itself holds no physical gold or metal.
Ongoing charges per annum on the ETF are 0.50 per cent and the distribution policy is accumulating.

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