Inclusion in S&P Global Mining Index

[xr3y6rs]

We've been here before so it's worth mentioning.
First of all, here are a few links to information I can find regarding it.
Fact sheet --> https://www.spglobal.com/spdji/en/idsen ... Id=5475123
Methodology --> https://www.spglobal.com/spdji/en/metho ... thodology/
Somewhere along the read I noted this fund is only for institutional investors - read hedge funds, etc.

For some strange reason our stock was included in an index quite some time ago and, while it might have seemed like a good thing, as it does now, it came with a few caveats. The company came out with a positive spin on all of this, and should they continue in the trajectory they are in currently, all should be well and good and considered the natural progression of a successful mining operation into adulthood. But....

The rebalancing these funds go through effectively punish performers and reward losers by selling down the winners and buy up the losers to maintain target percentages on a quarterly, bi-annual, or annual basis, depending upon the fund prospectus. The dates of these are gamed by anyone who knows of them - hedge fund managers - and must be paid attention to.
Further, the initial buy in presents a false demand that, if you don't know where it's coming from, appears positive until it stops - on a dime.

Finally, exclusion from an index is (and was) a brutal pounding without tact, form or discretion.

So, be warned. Get to know this fund, it's distribution, and when it rebalances. The extra exposure is good, but it can also be a loose cannon to keep an eye on.