Seeking Alpha

ALPS to launch gold miner ETF with Sprott Asset Management

  • The Sprott Gold Miners ETF (Pending:SGDM) will roll out tomorrow and track the Sprott Zacks Gold Miners Index, according to a regulatory filing.
  • Sprott Asset Management is well known for their focus on precious metal funds and have found great success in the past.
  • Unlike many previous Sprott funds, which focus on the metals themselves, SGDM will track the performance of gold and silver mining companies traded in the U.S.; including ADRs.
  • Other gold miner ETFs: DUST, GDX, GGGG, GLDX, NUGT, PSAU, RING
Comments (5)
  • Drew Robertson
    , contributor
    Comments (347) | Send Message
     
    Sprott Asset Management is well known for their focus on precious metal funds and have.............
    found great success in the past.

     

    Too bad the same can't be said for their clients.
    14 Jul 2014, 12:48 PM Reply Like
  • ge12ar
    , contributor
    Comments (111) | Send Message
     
    Is there any indication of which miners are included in the index and how this differs from the ones that already exist. In other words, what is Sprott offering that is currently not available other than an opportunity for him to make some money?
    14 Jul 2014, 02:02 PM Reply Like
  • pixelelement
    , contributor
    Comments (6) | Send Message
     
    http://bit.ly/1qNAKx7

     

    I have been looking at it, but I own a fair amount of the holdings anyways.
    31 Jul 2014, 12:48 PM Reply Like
  • Amerlafrance
    , contributor
    Comments (607) | Send Message
     
    Any indication of the fees charged? Can't seem to find a website or SEC filing that answers the question.
    18 Jul 2014, 12:40 PM Reply Like
  • pixelelement
    , contributor
    Comments (6) | Send Message
     
    0.57%

     

    http://bit.ly/1qNAMVJ
    31 Jul 2014, 12:48 PM Reply Like
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