XIE Shares has launched an exchange-traded fund (ETF) based on the FTSE Russell Gold Miners Index, which covers all gold-mining companies with a sustainable and attributable gold production of at least 300,000 ounces a year that obtain at least 51% of their revenue from mined gold. The ETF, called XPRIZE Gold, is designed to track the performance of these companies, as well as other large miners such as Anglo American Platinum (ABP) and Rio Tinto (RIO), in terms of
XIE Shares has launched an exchange-traded fund (ETF) based on the FTSE Russell Gold Miners Index, which covers all gold-mining companies with a sustainable and attributable gold production of at least 300,000 ounces a year that obtain at least 51% of their revenue from mined gold. The ETF is the first to track the FTSE Gold Miners Index, which currently has 35 constituents including Newmont Mining, Newcrest Mining, Barrick Gold and GoldCorp.