MAGB
•
Equity
MARKET ACCESS NYSE ARCA GOLD BUGS INDEX UCITS ETF
TER (bps):
65
AUM (USD m):
77
ISIN:
LU0259322260
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Global
As of:
17 May 2023
Climate Fund:
No
Benchmark
The NYSE Arca Gold BUGS Index (HUI) is a modified equal dollar weighted index of companies involved in gold mining (Basket of Un-hedged Gold Stocks). The index is designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years.
RELATED ARTICLES
MOST READ
1
Analysis
How BlackRock came to dominate ETFs in Europe
2
Industry Updates
BlackRock to launch risk-based ETF savings plans with Bux
3
Industry Updates
One ETF has returned over 100% this year
4
Industry Updates
Goldman Sachs to launch ETF white-label service in Europe
5
Analysis