Amplify ETFs Launches the Amplify Pure Junior Gold Miners ETF (NYSE Arca: JGLD)
01 Diciembre 2020 - 8:30AM
Amplify ETFs announces the launch of the Amplify Pure Junior Gold
Miners ETF (NYSE Arca: JGLD), an index-based ETF comprised of
companies engaged in junior and exploratory gold mining. JGLD seeks
investment results that correspond generally to the EQM Pure Junior
Gold Miners Index.
“As investors increasingly allocate to gold in the current
market environment, we believe the capital appreciation and
diversification potential of small- and mid-cap gold and
exploratory gold producers can’t be ignored,” said Christian
Magoon, CEO of Amplify ETFs. “JGLD provides investors with
cost-efficient and pure exposure to this market segment by
implementing production and revenue tests that other gold stock
ETFs might lack.”
The JGLD difference is purity: Legacy junior gold mining ETFs
may include silver mining stocks or be overly allocated to
large-cap stocks. JGLD utilizes two important tests designed to
keep the portfolio focused on junior gold mining stocks: 1)
Companies cannot produce or receive royalties on more than 1
million troy ounces of gold (Result: 88% of stocks held in JGLD are
small and mid-cap – as of 11/30/20); 2) Companies must meet a 75%
gold revenue or deposit test for portfolio inclusion (Result: No
silver mining or diversified mining stocks qualify to be in the
portfolio).
To be included in the portfolio, a company must have a market
capitalization equal to or greater than $100 mil USD, and an
average daily traded value greater than $1 mil USD over the last 90
trading days. JGLD is also one of the lowest cost gold mining ETFs,
with an expense ratio of 0.49%.
Investors can learn more about JGLD at AmplifyETFs.com/JGLD.
About Amplify ETFs
Amplify ETFs, sponsored by Amplify Investments, has over $2.5
billion in assets across its suite of ETFs (as of 11/30/2020).
Amplify believes the ETF structure empowers investors through
efficiency, transparency and flexibility. Amplify ETFs deliver
expanded investment opportunities for growth, capital preservation,
and income-focused investors.
Sales Contact:Amplify
ETFs855-267-3837info@amplifyetfs.comorMedia
Contact: Gregory FCA for Amplify ETFsCaitlyn
Foster610-228-2056caitlyn@gregoryfca.com
Carefully consider the Fund’s
investment objectives, risk factors, charges and expenses
before investing. This and additional information
can be found in the Fund’s prospectus, which may
be obtained by calling 855-267-3837 or by visiting
AmplifyETFs.com. Read the prospectus
carefully before investing.
Investing involves risk, including the possible loss of
principal. The Fund is new with a limited operating history for
investors to evaluate. Shares of any ETF are bought and sold at
market price (not NAV), may trade at a discount or premium to NAV
and are not individually redeemed from the Fund. The Fund is not
actively managed. The Fund invests in securities included in its
Index regardless of their investment merit. Narrowly focused
investments typically exhibit higher volatility. A portfolio
concentrated in a single industry, such as junior gold miners,
makes it vulnerable to factors affecting the companies. The Fund is
sensitive to changes in, and its performance will depend to a
greater extent on, the overall condition of the gold mining
industry. Investments in metals and mining companies may be
speculative and subject to greater price volatility than
investments in other types of companies.
For the full Fund disclosure, please visit the Fund’s website by
clicking here.Click here for the Fund’s prospectus.
The EQM Pure Junior Gold Miners (JRGOLD) Index intends to
provide exposure to global companies engaged in junior and
exploratory gold mining. Index components must derive at least 75%
of the revenues from the sale of gold or through gold royalty
agreements, or for exploratory gold producers, 75% of surveyed
deposits must be attributable to gold. Components are either Junior
Gold Producers (companies producing less than 1 million troy ounces
of gold per year or royalties less than 1 million equivalent troy
ounces per year or Exploratory Gold Producers, companies in
pre-production (0 troy ounces of gold produced per year).
Amplify Investments LLC is the Investment Adviser to the Fund,
and Toroso Investments, LLC serves as the Investment Sub-
Adviser.
Amplify ETFs are distributed by Foreside Fund Services, LLC.
Amplify Pure Junior Gold... (AMEX:JGLD)
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Amplify Pure Junior Gold... (AMEX:JGLD)
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