AdvisorShares International Gold ETF (GLDE) - NYSEARCA
GLDE is defunct since January 26, 2015. Lack of investor interest
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GLDE Description
The AdvisorShares International Gold ETF (NYSE Arca: GLDE) seeks to provide positive absolute returns by investing in exchange-traded products (ETPs) that provide diversified exposure to the international gold market. GLDE offers investors an alternative method to invest in gold by financing gold purchases in liquid currencies other than the U.S. dollar. GLDE is managed by Treesdale Partners, LLC (“Portfolio Manager”). The Portfolio Manager will seek, as appropriate, to maintain a balanced allocation of the Fund’s assets in each of the Underlying ETFs, which may be both affiliated or unaffiliated with the Fund. The affiliated Underlying ETFs are the AdvisorShares Gartman Gold/Yen ETF (GYEN), the AdvisorShares Gartman Gold/British Pound ETF (GGBP), and the AdvisorShares Gartman Gold/Euro ETF (GEUR). The Fund will also invest a proportion of its assets in one or more unaffiliated closed-end funds, Underlying ETFs, exchange traded notes (“ETNs”), and/or other ETPs to gain additional exposure to the international gold market.
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