JPM-MarketVector Global Gold Miners Index Rebalance UPDATED-December 2025-20251215

On December 15th, MarketVector cancelled the addition of 2259 HK to the GlobalGold Miner index during the December rebalance (effective on 12/19). There willbe 4 additions (DPM CN, GMIN CN, DSV CN and ORLA US) to the index. Theone way turnover for the December rebalance will be 9.0%, significantly lowerthan the turnover based on the initial announcement (=15.3%), and lower than26.8% in September, when the fund switched its underlying benchmark, but higherthan the 6.0% in June and 2.1% turnover in March. The expected trade size alsodecreased from $6.6 bn to $ 4.7 bn (buy+sell). In September, the trade notional wasabout $9.3 bn (buy+sell) when the ETF swtiched its benchmark to MarketVectorGold Miners Index.