How Successful Investors Get RICH

Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' for FREE from The Successful Investor.

How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.

 I consent to receiving information from The Successful Investor via email. I understand I can unsubscribe from these updates at any time.

Topic: How To Invest

ISHARES S&P/TSX GLOBAL GOLD INDEX FUND $22.72 – Toronto symbol XGD

ISHARES S&P/TSX GLOBAL GOLD INDEX FUND $22.72 (Toronto symbol XGD; buy or sell through brokers) aims to mirror the performance of the S&P/TSX Global Gold Index.

This index is made up of gold stocks from Canada and around the world. The weight of any one company is capped at 25% of the index’s market capitalization. The fund’s MER is 0.55%.

iShares S&P/TSX Global Gold Index Fund began trading on March 23, 2001.

The fund’s top-ten holdings are Barrick Gold at 18.2%; Goldcorp., 13.6%; Newmont Mining, 11.5%; AngloGold Ashanti (ADR), 6.3%; Kinross, 5.3%; Agnico-Eagle, 4.1%; Gold Fields (ADR), 3.9%; Eldorado Gold, 3.8%; Lihir Gold (ADR), 3.4%; and Yamana Gold, 3.4%.

If you want to own a gold fund, iShares S&P/TSX Global Gold Index Fund is a buy for aggressive investors.

Comments are closed.