Seeking Alpha

ge12ar » Comments » AGQ

  • A Complete Guide to Precious Metal ETFs [View article]
    Also should add GTU which is a cef that invests solely in gold. Run by the same people as CEF although the latter is roughly 60%AU and 40% Ag. These are Canadian entities but they trade on US exchanges as well as the TSX. Also Claymore just came out with a new gold cef(which converts into an etf in 6 months if it trades at a discount)-CGL.UN. It is like GTU except that it hedges the USD exposure. So if AU goes up and CDN goes up you get a double kick(obviously more risk on the downside). It only trades on the TSX.
    Jun 03 08:07 am |Rating: +1 0 |Link to Comment
More on AGQ by ge12ar
Comments by Ticker
ge12ar's
Comments Stats
9 comments
Rating: 5 (5 - 0 )