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Business Description
VanEck Vectors Gold Miners ETF (the Fund) seeks to replicate as closely as possible the performance of gold and silver mining companies as represented in the Amex Gold Miners Index (the Index) by investing in common shares and American depository receipts (ADRs) of large, mid and small-cap companies comprising the Index. The Index is a modified market-capitalization weighted index consisting of common stocks and ADRs of publicly traded companies involved primarily in mining for gold and silver.
VanEck Gold Mnr (GDX)
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