What is the difference between GOLD ETF and a GOLD FUND ?In Mutual Fund there are 2 ways through which investment made done. A Gold exchange traded fund(ETF) holds gold bars on behalf of you. GOLD FUND buys stocks and shares of gold companies that produce gold.
When international stock price performs, GOLD FUND do better. Gold ETF do better when domestic price goes up.
Gold ETF in one year (as on 5th January 2009) average return 24% where as GOLD FUND 39.4%
When international stock price performs, GOLD FUND do better. Gold ETF do better when domestic price goes up.
Gold ETF in one year (as on 5th January 2009) average return 24% where as GOLD FUND 39.4%
Shakti Shukla SBI Life & Mutual Fund Distributor
VSS MARKET COMPLEX,
chhend colony Rourkela
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