Posts tagged as:
Toronto-based Sprott Asset Management, a newcomer to the U.S. ETF industry, became the latest issuer to introduce a physically-backed gold ETF last week, debuting the Sprott Physical Gold Trust (PHYS) on Friday. The new fund “was created to invest and hold substantially all of its assets in physical gold bullion” and will compete directly with several existing physically-backed gold bullion funds. [click to continue…]
{ 0 comments }
Commodities are the new black in the world of investing, thanks in no small part to the rise of ETFs as the tool of choice in more and more portfolios. Commodity ETFs saw cash inflows of more than $30 billion in 2009, as total assets more than doubled on the year. According to the ETF screener, there are currently 91 exchange-traded commodity products, including inverse and leveraged funds. At the end of 2009, there was $73.7 billion in these funds, but most of these assets were concentrated in a handful of tickers. GLD alone accounted for more than half of commodity assets, and the top seven commodity funds (SLV, DBC, UNG, IAU, DBA, and DJP) made up almost 85% of the total amount. [click to continue…]
{ Comments on this entry are closed }
After a chaotic 2008, most financial markets regained some degree of normalcy in 2009, as unprecedented volatilities subsided and a gradual calming of anxieties led to the return of rational trading. But for exchange-traded commodity products 2009 was a rather tumultuous period, as expectations for increasingly stringent regulations swirled and correlations began to break down. [...]
{ Comments on this entry are closed }
The label “gold bug” may suggest a kooky old man who spends a lot of time in his basement reading conspiracy theory newsletters. The truth, however, is that there are many legitimate reasons to trade in gold and its derivatives. Gold has been proven time and time again to be an excellent “safe haven” investment, [...]
{ Comments on this entry are closed }
London-based ETF Securities, the European ETF giant that has made a splash in the U.S. industry, announced on Wednesday that it has topped $350 million in assets, a remarkable accomplishment considering ETFS launched its first U.S. listed ETF in July of this year. That inaugural fund, the ETFS Silver Trust (SIVR) now has about $150 [...]
{ Comments on this entry are closed }
The Gold Rush of 2009 likely hasn’t come as a complete surprise to too many investors. After all, gold has been proven time and time again to be a “safe haven” investment that rises during uncertain economic times (such as the last two years), and questions about the dollar’s future as the world’s reserve currency [...]
{ Comments on this entry are closed }
It’s been an interesting but holiday shortened week in the world of ETFs: Obama gave a speech to a joint session of Congress on Healthcare and Oil is now holding steady above $71/bbl. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:
{ Comments on this entry are closed }
ETF Securities, already a household name in the European ETF industry, is quickly becoming a major player in the ETF space here in the U.S. The London-based ETF sponsor announced today the launch of the ETFS Physical Swiss Gold Shares (SGOL), its second U.S.-listed ETF. The new offering is physically-backed by gold bullion held in [...]
{ Comments on this entry are closed }
When the financial bomb went off in the fall of 2008, it damaged or destroyed nearly everything in its path. Banking stocks (and banking ETFs) were near the epicenter of the blast, and therefore suffered significant damage. But even within the banking sector, there is a huge discrepancy in the returns generated by various types [...]
{ Comments on this entry are closed }
Gold is quickly approaching its 52 week high of $1,011/oz after finishing up more than $19 at the end of trading on Thursday. The yellow metal, which is traditionally an inflation hedge and a safe store of value in difficult times, has gained close to $50 an ounce this week alone and is threatening to [...]
{ Comments on this entry are closed }
As equity markets continue to surge and developed economies around the world begin showing signs of stability, many thought that huge inflows into gold ETFs that have occurred over the last year would begin to reverse.
Think again.
{ Comments on this entry are closed }
Gold ETFs, after tremendous performance over the several months are showing signs of pulling back a bit. These funds have seen huge cash inflows this year as investors flocked to safe haven investments amidst increasing worries about upcoming inflation resulting from massive stimulus plans. The six gold funds monitored by Reuters declined by 3% in [...]
{ Comments on this entry are closed }
Copyright © 2009–2010 Carolean Capital Partners LLC.
All rights reserved. Financial data provided by
.
