Key stats
About iShares MSCI Global Gold Miners ETF
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Inception date
Jan 31, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US46434G8556
RING provides exposure to gold mining companies, as classified by GICS, from developed and emerging markets. A minimum of at least 30 securities that do not hedge to gold prices are selected from the MSCI ACWI Investable Market Index. If there are less than 30 securities, companies with hedging activities will be screened to meet criteria-based requirements. Only then can other precious metals companies outside the investable universe be considered. Weighting is based on the MSCI 25/50 methodology, such that the fund diversifies its holdings through capping limits. The index is reviewed quarterly starting every February.
Related funds
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
Buy Gold Before Prices Are Off The Chart !Listen carefully fellas! The last time inflation reached this sort of level – 40 years ago – gold was flying. Inflation means a reduction in the buying power of paper currencies, including how much gold can be bought for a given amount of paper.
Also, the US economy – which is two-thirds driven by
Long on RINGNASDAQ:RING
Bull trend since mid 2019, disturbed by covid19 crisis, but Gold and RING are back on the long bull trend, breakout done at late April 2020.
Entered early May 2020
The Gold miners ETF just broke a heavy weekly resistance, Gold..The gold miners ETF just broke a big weekly resistance (since 2013) at 27.00 and its current price is now 28.72, what does it mean for Gold ?
As you can see, the price of this ETF broke a huge resistance, after a bullish pattern "Cup and handle", this is a big sign of a bull market for Gold !
Gold
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RING assets under management is 2.50 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RING invests in stocks. See more details in our Analysis section.
RING expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RING isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RING pays dividends to its holders with the dividend yield of 0.79%.
RING shares are issued by BlackRock, Inc.
RING follows the MSCI ACWI Select Gold Miners IMI. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 31, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.