Investor.News is pleased to announce an upcoming InvestorTalk scheduled for tomorrow, Tuesday, January 14th, at 9 AM EST, featuring Christopher Berlet, President and CIO of MineralFunds.com. To participate in this engaging discussion, please click here
MineralFunds.com offers pricing for various metals including Precious, Battery, Platinum Group, Base, Rare Earths, Minor, and Critical Minerals through MineralFunds.com and MineralPrices.com. MineralFunds.com advises on 228 Metal & Mining ETFs and 109 Managed Funds, including categories like Gold & Precious Metals, Battery Metals, and Mineral Exploration. Their services extend to in-depth analysis of fund reports and asset allocations, aiming to enhance investment performance and transparency.
In preparation for tomorrow’s InvestorTalk, here is MineralFunds.com’s 2024 year in review:
- January 8, 2025 – World Metal & Mining ETFs – 2024 Year in Review — click here
We found the 2024 year in review to be noteworthy and here are 5 key data points from it:
- Total Assets and Growth: The total assets under management (AUM) for the world’s 228 Metal & Mining ETFs finished at approximately USD $330.7 billion by the end of 2024. This represents an increase of +13.1% from the year-end 2023 figure of USD $292.4 billion.
- New ETF Issuances and Retirements: During 2024, there were 5 new Metal & Mining ETFs launched, while 2 ETFs were retired and delisted. Among these new issuances, 4 ETFs were launched by Canada-headquartered asset management companies with expertise in natural resources.
- Performance Leaders and Laggards: The top performance leaders in 2024 were leveraged gold ETFs, with the WisdomTree Gold Daily Leveraged Long 3X ETF achieving a gain of +60.5%. Conversely, the top laggards included energy transition ETFs focused on lithium, with the Sprott Lithium Miners ETF and Global X Lithium Producers Index seeing declines of -47.0% and -45.0% respectively.
- Shift in Precious Metal Investments: The report noted a significant increase in the number of Shares Outstanding for all 6 of the India-listed Silver ETFs, reflecting a growing trend of investment in precious metals in eastern capital markets, surpassing other regions like Switzerland and the UK in terms of AUM.
- Currencies and Gold ETF Performance: The report also highlights the impact of currency depreciation on gold ETF performance in different markets, with Turkish Lira, Canadian Dollar, and Japanese Yen denominated gold ETFs outperforming the SPDR Gold Shares when measured in their respective currencies due to their depreciation against the USD over 2024.
For more information on MineralFunds.com, click here
For more information on the InvestorTalk pre-market series, go to InvestorTalk.com.
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