This ASX traded ETF is currency hedged and looks to track the Nasdaq Global ex-Australian gold miners making it a good alternative to the better known local stocks. Following its 24% correction we believe the risk / reward towards the MNRS is attractive over the coming few months assuming our view towards bond yields proves on point.
- MM is bullish the MNRS targeting the $7 area, or over 20% higher.
MM is long and bullish the MNRS ETF
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