Why Three Gold Mining ETFs?

Now, we do know Sprat offers three distinct gold mining ETFs, GBug, SGDM, and SGDJ.
Can you walk us through how the strategies differ between these funds and what makes each one unique? >> Yes, so GBug is our active strategy.
It's the fund that we launched uh back in February.
Assets are already up to about 120 million.
Uh it's the only actively managed gold ETF in the United States and really leverages our portfolio management teams over century of expertise and gives them the flexibility to manage across market cap.
So uh small development and exploration companies all the way up to the largest gold miners.
Uh and then we have SGDM which is the SPAT gold miners ETF.
This is a passively managed ETF that tracks a selective index and it's a actually a factor-based index. uh meaning that it's not just a pure market cap weighted index.
Um the larger companies in there are being ranked on things like revenue growth, long-term debt to equity, and free cash flow yield.
And then our junior miners version or SGDJ, it's also based on a a factor-based index.
Um so this is going to look at those smaller junior exploration and development companies.
Uh the smaller explorers are going to be ranked based on price momentum whereas the smaller producers are going to be ranked based on revenue growth.
And so in our opinion, by offering the the passive strategies as well as the active strategy, it really gives investors choice to figure out what best fits their investment objectives.


