What are ETF Funds?
The first step to learning how to invest in gold ETF funds is understand what are ETF funds. Before investing in any type of investment vehicle, it is important that you understand what you are investing in. ETF Funds are exchange-traded mutual funds. Ok, so EFT funds are exchange-traded mutual funds, but what does exchange-traded mean? Let’s break this down into smaller pieces. Exchange-traded means that these investment units are traded on the major stock exchanges, like the American Stock Exchange, NASDAQ and New York Stock Exchange. However, ETF Funds are primarily traded on the American Stock Exchange. The funds part of ETF Funds means that these are investing vehicles that hold many companies. When you invest in ETFs you are not buying a single company, but instead a bunch of companies. What are gold ETF funds? Unlike mutual funds, gold ETF funds allow you to invest in gold itself. Gold ETF Funds buy gold and in exchange for such gold deposits the gold ETF funds issue shares in b
