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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?


To: Dan P who wrote (421)11/15/1999 11:39:00 PM
From: Larry S.  Read Replies (1) | Respond to of 972
 
Dan,

A Barron's Editor faxed me the make up of their GMI today. The stocks and weighting factors (WFs) are as follows:

ASA 39.91200
ABX 23.73227
ECO 64.13850
HM 20.00000
NEM 2.817000
PDG 36.00000
FCX.B 29.40235

The index is computed by multiplying the prices by the WFs, summing the result and dividing by 7.

If I have some time tomorrow, I will compare it with the XAU where ABX is about 26 percent. Here ASA is about 30 percent.

Cheers,
Larry