12.01.2015 - Commodity ETFs Ravaged by Outflows in 2014
Last year was a dismal one for commodities exchange traded funds, both from a performance and outflows perspective. Although it fell just 2.2% for the year, the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and the ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) each lost more than 2%. Frustrated by a lack of inflation and spurred by a soaring U.S. dollar, investors pulled $3.2 billion from GLD. That placed the world’s largest gold ETF on the 2014 top 10 list for largest outflows and now GLD is no longer among the ten largest ETFs...............................................Full Article: Source
Print