ISHARES S&P/TSX GLOBAL GOLD INDEX FUND $10.63 (Toronto symbol XGD; buy or sell through brokers; ca.ishares.com) aims to mirror the performance of the S&P/TSX Global Gold Index.
This index is made up of 38 gold stocks from Canada and around the world. The iShares S&P/TSX Global Gold Index Fund’s MER is 0.61%. It began trading on March 23, 2001.
The fund’s top holdings are Goldcorp at 15.8%; Barrick Gold, 13.3%; Newmont Mining, 11.6%; Franco Nevada, 7.2%; Randgold Resources (ADR), 6.3%; Agnico-Eagle Mines, 5.9%; Royal Gold, 4.1%; AngloGold Ashanti (ADR), 4.1%; Eldorado Gold, 3.4%; and Yamana Gold, 3.1%.
iShares S&P/TSX Global Gold Index is a hold.