ISHARES S&P/TSX GLOBAL GOLD INDEX FUND $17.39 (Toronto symbol XGD; buy or sell through brokers; ca.ishares.com) aims to mirror the performance of the S&P/TSX Global Gold Index, which is made up of 35 gold stocks from Canada and around the world. The ETF began trading on March 23, 2001. Its MER is 0.61%.
The fund’s top holdings are Barrick Gold at 14.0%; Newmont Mining, 12.8%; Goldcorp, 8.2%; Franco-Nevada, 7.5%; Agnico-Eagle Mines, 7.1%; Randgold Resources (ADR), 5.9%; AngloGold Ashanti (ADR), 4.8%; and Kinross Gold, 3.5%.
iShares S&P/TSX Global Gold Index is a hold.