Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

What is ETF gold?

Tags: money, entertainment, etf
Asked by Manju Sikri, 10 Dec '12 06:55 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (8)

1.

It doesnt matter that this ETF is a gold ETF its all the same you can still buy it from a share broker. You will be charged the same commission that is charged when you buy any other share, and you will continue to hold it in your Demat account.
Answered by LIPSIKA, 10 Dec '12 06:57 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
2.

They are like mutual funds. Here the difference is that, where as in a mutual fund depending upon the specific fund that you are investing which in turn invests in a group of companies from different sectors, in Gold ETF, it is gold alone that the specific fund holds. You can buy it small quantities of a specific fund on the National exchanges through a broker by placing an order on them or if you have an online terminal, you can place the order any time you want to and have the funds in your account.

There is an economic times article on advantages and disadvantages of Gold ETF. Here is the link:

http://articles.economictimes.indiatimes.com/2012-06-04/ news/32031735_1_physical-gold-gold-etfs-gold-coins-and-bars
Answered by Omega, 10 Dec '12 10:03 pm

 
  
Report abuse
Useful
 (2)
Not Useful
 (0)
Your vote on this answer has already been received
3.

The actual Gold is purchased & kept with the custodian& the units of gold(generally 1 gram each unit) are sold in the market through stock exchange in demat form. ETF words means Exchange Traded Fund....
Answered by Rahee, 10 Dec '12 07:06 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Stock Market has lead to tendency of many to go in for much safer investments that gives a reasonable return. This is the reason for gold gaining popularity as one of the safest avenues for investment.

http://holisticinvestment.in/gold-etf




Regards
Ramalinga m K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
Best Performing Financial Advisor Award Winners from CNBC TV18
www.holisticinvestment.in
Phone: 044-42030722
Answered by RAMALINGAM, 19 Dec '12 04:32 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

Nahi pata
Answered by Alka Khurana, 14 Dec '12 07:44 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
6.

Exchange Traded Funds (\"ETFs\") are open-ended funds that trade on a stock exchange just like the shares of an individual company. Unlike the share of a company, each unit of an ETF represents a portfolio of stocks. So it is similar to a unit of an open-ended mutual fund but with a big difference. The difference between an ETF and an open-ended mutual fund is that the units of an ETF trade on an exchange. So the investor can trade in the ETF during market hours and the units can be sold short or margined just like shares.
Another difference between ETFs and mutual funds is the type of management. Mutual funds employ an active management strategy wherein the fund manager actively chooses the portfolio of stocks and manages them in an endeavour to outperform the fund\'s benchmark. However, ETFs employ a passive management strategy because they are generally designed to closely track the performance of a specific index. So the fund manager creates the portfolio based on ...more
Answered by saranathan Narasimhan, 11 Dec '12 04:22 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
7.

The actual Gold is purchased & kept with the custodian& the units of gold(generally 1 gram each unit) are sold in the market through stock exchange in demat form. ETF words means Exchange Traded Fund.
Answered by Quest, 10 Dec '12 10:03 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
8.

Is it..Trading...commodity?
Answered by harpreet, 10 Dec '12 06:55 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Insurance should never be considered as investment avenue. Provident Funds and Public Provident Funds are long term instruments particularly aimed at ..more

Answered by Gosht Singh