Few asset classes have delivered more impressive performances over the last several years than gold; investors seeking safe havens–or perhaps just fiat currency alternatives–have flocked to the yellow metal in droves in recent past, pushing asset prices sharply higher. And, not surprisingly, more and more investors seeking out precious metals exposure have elected to utilize ETFs in their pursuit. For a stretch in August, the Gold SPDR (GLD) was actually the largest ETF in the world, briefly surpassing the S&P 500 SPDR (SPY) with about $75 billion in AUM. The most popular gold ETFs are simple, straightforward products–funds whose holdings consist of bars of gold bullion, and therefore have prices move in unison with changes in spot gold prices. There are no dividends to reinvest or index rebalancings to manage; gold ETFs efficiently mimic the investment experience associated with owning physical gold. So it is perhaps not too surprising to [...] Click here to read the original article on ETFdb.com. Related Posts: August ETF Stats: Keeping The Winning Streak Alive (Just Barely) July ETF Stats: $13 Billion of Inflows Hedge Funds Are Buying Up Gold ETFs, Should You? ETFs To Watch As Debt Ceiling Deadline Nears End Of An ETF Era: VWO Surpasses EEM In Total Assets
Few asset classes have delivered more impressive performances over the last several years than gold; investors seeking safe havens–or perhaps just fiat currency alternatives–have flocked to the yellow metal in droves in recent past, pushing asset prices sharply higher. And, not surprisingly, more and more investors seeking out precious metals exposure have elected to utilize ETFs in their pursuit. For a stretch in August, the Gold SPDR (GLD) was actually the largest ETF in the world, briefly surpassing the S&P 500 SPDR (SPY) with about $75 billion in AUM. The most popular gold ETFs are simple, straightforward products–funds whose holdings consist of bars of gold bullion, and therefore have prices move in unison with changes in spot gold prices. There are no dividends to reinvest or index rebalancings to manage; gold ETFs efficiently mimic the investment experience associated with owning physical gold. So it is perhaps not too surprising to [...]
Click here to read the original article on ETFdb.com.
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