29 Mar Global Gold Miners 20 Dividend Yield Index
The Lapis Global Gold Miners 20 Dividend Yield Index is composed of 20 global gold mining stocks. All companies in our equity index have a market capitalization greater than USD 2 billion and 50 % of them have paid uninterrupted and continuously increasing dividends over the last 3 years and are weighted with 6% each. In contrast, a maximum of 50 % of the companies included in our equity index do not apply a strict dividend payment policy and are weighted with 4% each. Our rule-based criteria for selecting the most promising companies are applied during the quarterly rebalancing process (end of March, June, September, and December).
This Lapis equity index is suitable for investors who are seeking a small but reliable income stream from gold mining companies with the potential of an important capital appreciation during market disruptions. The performance of gold miners’ companies is highly dependent on the gold price and the respective production costs. Factors such as uncertainty and fear in traditional stocks, or a weak U.S. dollar can drive gold prices (and in turn, gold stocks) higher. Traditionally gold miners enjoy a low correlation with the broader market.
|Weighting Method||Rebalancing Frequency||Calculation Frequency||Calculation Currency||Launch Date||Initial Price||Nav||Last Update||cancel|
|Equal weighted||Quarterly: end of March, June, September, December||Daily||USD||01.01.2012||USD 100.-||107.02||31.07.2023|
|Weighting Method||Equal weighted||empty|
|Rebalancing Frequency||Quarterly: end of March, June, September, December|
|Initial Price||USD 100.-|
|YTD||1 Yr||3 Yr avg||since inception avg|
|3 Yr avg||-7.29%||-9.70%|
|since inception avg||0.59%||-3.66%|