LONDON, 28 March 2013 - Comment from BullionVault features today in an investigation by ETF specialist website Index Universe into a new breed of exchange-traded gold trust funds.
Two new gold ETFs, currently awaiting regulatory approval, "promise to bring a shares-for-gold convertibility to investors of any size," says the report. "But it remains to be seen just how cost-competitive these strategies will be."
Quoting BullionVault head of research Adrian Ash, and citing the costs which BullionVault users pay if they take possession of their gold property, out of the vault, Index Universe also notes other costs such as shipping fees, insurance and storage costs "once investors have the physical metal in hand."
Most importantly, "there's the cost - or value - of liquidity." You can read the full Index Universe report here:
Redeemable Gold ETFs Could Be Costly
Gold bullion - Buy online at live gold prices.
