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Next Generation Of Gold ETFs

By: ETFdb
Global X, the ETF issuer that burst on to the scene with China and Brazil sector ETFs, recently filed with the SEC to offer a new ETF that would focus on companies engaged in exploration for gold. The proposed fund would seek to replicate the Solactive Global Gold Explorers Index, a benchmark made up of the largest and most liquid listed companies that are active in the exploration of gold. The SEC filing was light on many critical details, but gave a glimpse into a fund that could be a big hit with investors looking for creative ways to establish precious metals exposure. High Risk, High Reward This new fund would offer precious metal hungry investors yet another way to play gold, this time in an extremely speculative and high-risk manner. Because few properties which are explored are ultimately developed into gold-producing mines, the exploration business is inherently volatile and risky. Exploring [...] Click here to read the original article on ETFdb.com. Related Stories: Van Eck Debuts Junior Gold Miners ETF Soaring Gold Price Boosts Gold Miner ETFs The Definitive Gold ETF Guide: Gold Bullion ETFs 101
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