At year - end 2017, Indian ETF assets stood at INR 78,000 crores (USD 12 billion), with an annualized growth rate of 76.6 % over the past four years.1 For India, the passive investing space gained popularity, with a good deal of
interest in gold ETFs, but in the past few years, interest has shifted to equity ETFs, which have gained prominence.
Not exact matches
For those
interested in the
gold miners, consider RING, the iShares MSCI Global Gold Miners
gold miners, consider RING, the iShares MSCI Global
Gold Miners
Gold Miners
ETF.
Now, the
gold price appears well supported at the mid - $ 1,200 / oz level from the resurgence of
interest in owning physical
gold and
gold ETFs.
They then address
gold as an investment as follows: portfolio diversification with
gold;
gold as a safe haven;
gold in comparison to other precious metals; relationships between
gold and currencies; mining stocks and exchange - traded funds (
ETF) as
gold substitutes; interaction of
gold and oil;
gold market efficiency;
gold price bubbles, interactions of
gold with inflation and
interest rates; and, behavioral aspects of
gold investing.
No real surprises there given the headlines that
gold and emerging markets have grabbed during the past several years; perhaps it's just
interesting to note that a select few
ETFs have garnered such vast inflows when several other alternatives exist
in each category.
U) BMO S&P / TSX Laddered Preferred Share (ZPR) BMO S&P / TSX Equal Weight Industrials (ZIN) BMO S&P / TSX Equal Weight Global
Gold (ZGD) Let's look at the two most
interesting ETFs in this lineup.
For example, grantor trusts can hold an
interest in a physical commodity such as
gold, while limited partnerships are more likely to be used for commodity - centric
ETFs with exposure to futures contracts.
This trend shows the vigorous
gold demand from emerging markets like Asia and also focuses on the increasing
interest and accessibility to
ETFs in Asian countries.