ZJGHere is a good way to play the Canadian juniors . Actually they are mostly midcaps but still a lot of great stocks in the ETF .
Key stats
About BMO JUNIOR GOLD INDEX ETF UNIT NEW CAD
Expense ratio
0.66%
Home page
Inception date
Jan 19, 2010
The fund provides exposure to gold mining companies listed in North America that are included in the Dow Jones North America Select Junior Gold Index which weights its constituents by market-cap with single security capping at 15%. The index considers a company to be eligible if on both full and float-adjusted market-cap basis, it falls within the 75% to 100% cumulative range of the eligible GICS sub-industries, is incorporated in Canada or the US, and if it meets minimum market-cap and average daily trading volume requirements. The fund is primarily designed for investors seeking growth solutions while exposed to a diversified portfolio of junior gold North American equities. Additionally, it holds the constituents securities in the same ratio as they are seen in the index. The index is rebalanced and reweighted quarterly.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
ZJGFor my Canadian friends who are gold bugs i highly recommend this ETF. The main reason i own this is because i can have it in my RRSP fund and have exposure to Royal Gold which is US stock. This funds top holding is Royal Gold... not sure how they get away with that but im liking it !
2021-11-17 ZJG - breakout longBreaking out of downward sloping trendline. Looking for some consolidation at resistance maybe a pull back before potentially going higher
zjgI ignore the flash bottom spike as it was a fake, co-ordinated takedown of all markets by some big players trying to usher in a great reset.
zjggood balanced fund, ignore the manipulation at gdx. backtest. S&P conondrum, drop it before we go to the Hamptons for holidays or wait till we get back ???? They don't wanna work while sunning do they.
ZJG Possible directionFirst target 9.50. Later may break the triangle pattern, biased towards upside.
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