19.12.2012 - Not all physical gold ETFs are built the same
With four different ETFs offering physical storage of gold, investors may feel like they are at Best Buy trying to find the best plasma TV. Fortunately, there are some key differences between the funds that will make the decision easy, as long as you care about these distinctions. But if all you care about is investing in gold without having to bury it in your backyard or store it in a safe, the decision is even easier: Buy the iShares Gold Trust (IAU) and use the savings to buy more. The four grantor trust ETFs that hold physical gold differ mostly in their expense ratio and vaulting, with little else differentiating them. After all, gold in Mumbai is the same as gold in Carson City, Nevada...............................................Full Article: Source
Print