45.90000 EUR
0.125
0.27%
Last update Dec 17, 5:26 PM CET
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Day range
45.90000
47.22000
Previous close
46.025002
Open
46.95000
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VanEck S&P Global Mining UCITS ETF
45.90
0.13
0.27%

Overview

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Description

The VanEck S&P Global Mining UCITS ETF is a type of exchange-traded fund that aims to replicate, as closely as possible, the performance of the S&P Global Mining Index. This ETF provides exposure to a wide array of global mining companies that are involved in extracting various metals and minerals. It primarily focuses on the equity of companies engaged in the exploration and production of precious metals like gold and silver, as well as industrial metals such as copper and iron ore. By investing in this ETF, investors gain access to major mining operations across different geographic regions, helping to diversify their investment portfolio within the mining sector. The ETF's allocation strategy often includes top-performing mining companies, providing a balanced representation of the industry's market dynamics. As part of the commodities sector, the VanEck S&P Global Mining UCITS ETF serves a significant role in offering investors an efficient way to include mining equities within their broader investment strategy, addressing the unique demands and opportunities presented by global commodity markets.

About

Address
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Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
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