EQM Pure Junior Gold Miners Index

PURE JUNIOR GOLD MINERS INDEX FAQs

CONSTITUENT ELIGIBILITY REQUIREMENTS
Companies in the index must fulfill the following selection criteria:

  • Listing on a regulated stock exchange in the form of shares tradable for foreign investors without restrictions.
  • 75% or more of revenues from the sale of gold or through gold royalty agreements or exploratory gold producers, or for exploratory gold producers, 75% of surveyed deposits must be attributable to gold.
  • Companies are grouped into three gold producer sectors:
    1. Senior Gold Producers – companies producing in excess of 1 million troy ounces of gold per year or receiving royalties in excess of 1 million equivalent troy ounces per year.
    2. Junior Gold Producers – companies producing less than 1 million troy ounces of gold per year or receiving royalties less than 1 million equivalent troy ounces per year.
    3. Exploratory Gold Producers – companies that are in pre-production (0 troy ounces of gold produced per year).

  • Companies classified as Senior Gold Producers, as defined above, are not eligible for inclusion.
  • Market capitalization greater than or equal to $100 million USD.
  • Average daily market value traded greater than $1,000,000 USD over the last 90 days.
  • ADRs, GDRs, and listed common stocks which are deemed to have adequate constituent liquidity and custodial relationship access for an exchange listed product as determined by EQM Indexes LLC.

The daily price and return of the EQM Pure Junior Gold Miners Index is calculated and published by Solactive AG, a leading index developer, and calculation/publication agent for the ETP industry.

The EQM Pure Junior Gold Miners Index is tracked by an ETF sponsored by Amplify ETFs. For information, (Link Coming Soon).

Quotes for the EQM Pure Junior Gold Miners Index can be found under the ticker JRGOLD on Bloomberg, on the EqmIndexes.com website and from other financial data providers. Quotes, returns, historical prices, and constituent weightings will be updated daily on the EqmIndexes.com website.

The company did not meet the selection criteria when the index was last reconstituted. Companies that now meet index selection criteria will become candidates for inclusion at the next reconstitution date.

Eligible initial public offerings will be considered for inclusion on the index’s next scheduled semi-annual reconstitution date.  In the event of an IPO which the index committee deems has “high importance” for the Index, the index committee can decide to include these companies on an extraordinary adjustment event basis.

If an index component’s stock is discontinued due to a merger or acquisition, the index committee may, at its sole discretion, replace the discontinued component at the time of discontinuation if more than 30 calendar days remain until the next reconstitution date.  The discontinued component will either be deleted entirely or be replaced with the next eligible security from a reserve list.  The replacement will be given the appropriate weighting given the securities country of domicile. If there are not more than 30 calendar days remaining until the next reconstitution date, the index committee will wait until the next reconstitution date to make the replacement.  In this scenario, any funds received from the discontinued security will be distributed to the remaining index components pro rata.

The index is rebalanced semi-annually and is scheduled for reconstitution in October and April.

On each Adjustment Day each Index Component of the EQM Pure Junior Gold Miners Index the investable universe applies an aggregate market capitalization weighted allocation to each gold production sector. Components are then equally weighted within each sector, subject to liquidity optimization.