Beware The New “Silver ETF”
July 19, 2010 at 10:06 AM EDT
No corner of the ETF market has grown as quickly in recent years as exchange-traded commodities, as investors have embraced cheap and efficient exposure to an asset class that has historically been out-of-reach for all but the biggest and most sophisticated. Perhaps due to the uncertain economic environment, precious metals funds have become particularly popular, offering a safe haven for those concerned about the strength on the current recovery. While some ETPs offer exposure to gold and silver through futures-backed funds, most investors prefer physically-backed ETFs that will generally move in lock step with spot commodity prices. There is no shortage of ETF products utilizing this strategy, both in the gold ETF and silver ETF space. In coming months, investors may see another option out there designed with a unique sparkle designed to catch their eye. But before jumping in to a “new and improved” precious metals ETF, they would [...] Click here to read the original article on ETFdb.com. Related Stories: Sprott Launches New “Canada Gold ETF” (PHYS) The Definitive Silver ETF Guide: Silver ETF Investing 101 ETF Securities Enters U.S. Market With Silver Fund
