SAN DIEGO--(BUSINESS WIRE)--EQM Indexes LLC today announced the launch of the EQM Pure Junior Gold Miners Index (JRGOLD), intended to provide “pure play” exposure to global junior and exploratory gold mining stocks. Traditional investment approaches rely on market cap definitions and often include silver miners as well. By targeting metrics such as gold revenue percentage and production levels, the index provides improved “pure play” access to this important subset of the global gold mining industry.
Investing in junior gold mining stocks not only gives investors exposure to the underlying commodity price of gold, but leverage to future exploration and operating potential, providing a diversified complement to the physical asset. Additionally, rising gold prices have attracted increased capital investment and M&A activity to the junior gold mining space. In past bull cycles for gold, junior miners often outperform the physical metal.
“There is a strong case for gold exposure in the current market environment of zero to negative interest rates, heightened volatility and uncertainty, and the potential for future inflation,” says EQM Indexes CEO and Co-Founder Jane Edmondson. “Owning junior mining stocks provides a diversification complement to owning physical gold and we think our unique index construction approach will enable investors to get purer junior gold mining exposure.”
EQM Indexes, an innovative index developer of disruptive investment themes for the investment industry, now has more than $2 billion in assets* (as of 10/15/2020) either referencing or tracking its indexes as ETFs in the marketplace.
EQM Indexes LLC is a woman-owned firm dedicated to creating and supporting innovative indexes that track growth industries and emerging investment themes. Co-founded by Jane Edmondson, a former Institutional Portfolio Manager with nearly 30 years in the investment industry, our index design expertise spans a wide range of asset classes and financial instruments. We partner with issuers and work jointly with other index firms to provide benchmarks for Exchange Traded Products (ETPs) such as Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), and other similar products. EQM Indexes LLC also assists firms on a fee basis to design and implement their index ideas. For more information, go to: https://eqmindexes.com/.
*$1.13 billion in passive ETF assets track EQM Indexes; $923 million in active ETF assets reference ETF indexes as investment universes and/or product-specific benchmarks.