Market Vectors Rare Earth Strategic Metals ETF | REMX

Market Vectors Rare Earth Strategic Metals ETF Profile

  • Sector: Miscellaneous
  • Industry: Investment Trusts/Mutual Funds
  • Employees: N/A

REMX targets an obscure part of the mining marketrare earths metalswhich means it only covers a very thin slice of our global mining benchmark. The fund invests in the largest and most liquid companies that generate at least 50% of their revenues from the global rare earth and strategic metals segment, and has significant exposure to small- and micro-caps and emerging-market issuersthe firms you typically find producing cerium, manganese, titanium, and tungsten. REMX's narrow portfolio holds just a handful of names, selected and weighted by market cap, with a cap of 8% per issuer to ensure diversification. The index is rebalanced quarterly

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