DAXglobal® Gold Miners Index
The Index aims to track the performance of a basket of stocks of gold mining companies that generate at least 50% of their revenues from gold mining industry.
The Index is comprised of companies which are publically traded on various stock exchanges around the world that generate at least 50% of their revenues from the gold mining industry which is deemed to include exploration drilling, geological assessment, financing, development, extraction, initial refinement and delivery of gold ore.
A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to the total market value of its shares) and it is sufficiently “liquid” (a measure of how actively its shares are traded on a daily basis). Within the Index, each company is weighted according to its relative “liquidity” (i.e. how actively its shares are traded relative to the other companies in the Index.