Key stats
About iShares MSCI Global Select Metals & Mining Producers Fund
Expense ratio
0.39%
Home page
Inception date
Jan 31, 2012
PICK's gold-and-silver-free approach to the mining segment has found favor with investors. The fund's index, the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver IMI, excludes gold and silver mining firms like Barrick Gold and Goldcorp. This leads to larger allocations to steel and integrated mining companies, among others. In addition, PICK's underlying index aims for a broader exposure, including industries like coal, which we place in the energy sector. Pumped-up weightings to the largest firms are something investors should be wary of before investing in this fund, as the methodology does not cap its holdings. In all, PICK offers an interesting take on the space for investors who want to carve precious metals out of their global metals and mining exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks97.54%
Non-Energy Minerals87.28%
Distribution Services5.59%
Producer Manufacturing2.71%
Energy Minerals1.27%
Electronic Technology0.23%
Process Industries0.23%
Miscellaneous0.10%
Finance0.08%
Industrial Services0.04%
Bonds, Cash & Other2.46%
Mutual fund2.13%
Cash0.33%
Miscellaneous0.00%
Stock breakdown by region
North America29.44%
Europe22.43%
Oceania22.32%
Asia18.09%
Latin America4.24%
Middle East2.04%
Africa1.44%
Top 10 holdings
Dividends
Dividend payout history