
I am providing the following information on gold ETF’s only as to educate and not meant as a recommendation to purchase or sell gold ETF’s.
Gold has long been used as a hedge against political and economic uncertainties.
Should you own actual gold or shares in gold ETF? The advantage of gold ETF is a good way to get physical exposure to gold without the hassle of taking physical possession.
The three leading physically backed gold ETFs:
The main differences between the three comes down to where the hold is held, (Switzerland or London) and the expense ratio.
IAU is the cheapest with 0.25 % ratio, GLD at 0.40 % and SGOLD with a 0.39 % expense ratio.
There are additional options concerning gold such as gold related mutual funds, mining companies and gold future contracts.
Daniel Iuculano
Financial Planner
