Key stats
About WisdomTree Trust WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
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Inception date
Dec 16, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
GDMN aims for capital efficiency in providing gold exposure by creating a portfolio of global Gold Miners stocks, while using US-listed gold futures. To be included in the portfolio, Gold Miners must derive at least 50% of their revenue from the gold mining business and must be listed on an eligible global stock exchange. This basket of Gold Miner stocks is modified-market-cap weighted. GDMN aims to hold approximately equal exposure to gold futures and gold equities. The futures contracts are held via a Cayman Islands subsidiary, limited at 25% of the fund. A common structure in the commodity space that allows investors to avoid the complex tax rules that apply to commodity pools. The fund may also hold US Treasurys and other liquid short-term investments as collateral for its gold futures contracts.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Mutual fund
Stocks87.78%
Non-Energy Minerals87.78%
Bonds, Cash & Other12.22%
Mutual fund12.21%
Cash0.01%
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