GOLD MINERS
EXCHANGE TRADED NOTES
The MicroSectors™ Gold Miners lineup of exchange traded notes provides +3x leveraged exposure and -3x inverse leveraged exposure to S-Network MicroSectors™ Gold Miners Index performance. LEARN MORE ABOUT BMO ETNs
WHAT IS THE GOLD MINERS INDEX?
The S-Network MicroSectors™ Gold Miners Index tracks the performance of two of the largest gold mining exchange traded funds, the VanEck Gold Miners ETF (the “GDX”) and the VanEck Junior Gold Miners ETF (the “GDXJ”). The index’s underlying composition is market capitalization weighted across both ETFs.
S-Network MicroSectors™ Gold Miners Index Components*
- 72.37% VANECK GOLD MINERS ETF
- 27.63% VANECK JUNIOR GOLD MINERS
*Index rebalances quarterly. Components as of SOD 12/05/2024, weightings rounded for ease of analysis.
Performance
Source: Bloomberg L.P. Index data prior to August 20, 2020 is hypothetical and reflects the application of the index methodology in hindsight. The hypothetical data cannot completely account for the impact of financial risk in actual trading. Past historical or hypothetical data is not a guarantee of future index results.
The notes are not sponsored, endorsed, sold or promoted by S-Network, or its third-party licensors. Neither S-Network nor its third-party licensors make any representation or warranty, express or implied, to the owners of the notes or any member of the public regarding the advisability of investing in securities generally or in the notes particularly or in the ability of the notes to track the performance of the Index. S-Network and its third-party licensors are not responsible for and have not participated in the determination of the timing of, prices at, or quantities of the notes to be issued or in the determination or calculation of the equation by which the notes will be converted into cash. S-Network has no obligation or liability in connection with the administration, marketing or trading of the notes.
Neither S-Network nor its affiliates or third party licensors guarantee the adequacy, accuracy timeliness and/or the completeness of the Index or any data included therein or any communications, including but not limited to, oral or written communications (including electronic communications) with respect thereto. S-Network, its affiliates and their third-party licensors shall not be subject to any damages or liability for any errors, omissions, or interruptions therein. S-Network makes no express or implied warranties and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, in no event whatsoever shall S-Network, its affiliates or their third-party licensors have any liability for any indirect, special, incidental punitive or consequential damages, including but not limited to loss of profits, trading losses, lost time or goodwill, even if they have been advised of the possibility of such damages, whether in contract, tort, strict liability or otherwise.