This is an ETF that tracks a bucket of global gold companies and is listed in Australia and overseas. Below is the Australian version listed on the ASX and we are using recent weakness to add the basket to the MM Global ETF Portfolio
VanEck Vectors Gold Miners ETF (GDX) aims to provide investment returns before fees and other costs which track the performance of the NYSE Arca Gold Miners Index (AUD). Its largest allocation is in North American companies, principally those domiciled in Canada. The ETF weights the holdings using a market capitalisation methodology.