In today’s briefing:
- MV Global Junior Gold Miners Index Rebalance: Round-Trip Trade of Over US$1bn
MV Global Junior Gold Miners Index Rebalance: Round-Trip Trade of Over US$1bn
- There are 2 adds and 3 deletes for the VanEck Vectors Junior Gold Miners ETF (GDXJ US) in September. Plus there are capping and float changes.
- Estimated one-way turnover is 11.4% resulting in a round-trip trade of US$1.14bn. There are 16 stocks with over 1x ADV to trade from passive trackers.
- The largest inflows are expected in B2Gold Corp, Evolution Mining and Pan American Silver while the largest outflows are from Kinross Gold and Cia de Minas Buenaventura SAA.