VanEck Junior Gold Miners ETF Surges 47.42% Since 2018
Vaneck's Junior Gold Miners UCITS ETF, launched on 25 March 2015, has shown impressive growth since its inception. The fund, traded under the ISIN IE00BQQP9G91, has returned 47.42% since 24 September 2018.
Managed by VanEck, this ETF focuses on junior gold miners. While the specific manager is not named, Joseph M. Foster, a senior analyst overseeing the Gold Equity Team at VanEck, likely plays a significant role in its management. The fund has a total expense ratio of 0.55%, making it relatively cost-effective.
The ETF's strong performance can be attributed to the increased demand for gold and the promising prospects of junior mining companies. It provides investors with exposure to smaller-cap gold miners, which often have more growth potential than their larger counterparts.
The VanEck Junior Gold Miners UCITS ETF has proven to be a solid investment option, delivering substantial returns over the past few years. With a low expense ratio and a focus on junior gold miners, the fund offers investors an efficient way to gain exposure to the gold mining sector.
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