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Commodities Briefing - Categorized | ETFs / ETCs more

A precious metals ETF basket with fixed ounce weightings

Posted on 25 October 2010

From Seekingalpha.com: ETF Securities launched the ETFS Precious Metals Basket Shares (GLTR) on Friay, making it the first US-listed physically backed precious metal basket ETF to hold gold, silver, platinum, and palladium.
GLTR’s objective is to provide one-stop shopping for investors seeking to hold all four metals with specific fixed weightings. The fund’s prospectus contains no provision to alter or rebalance the holdings……………………………………….Full Article: Source


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