iShares S&P/TSX Global Gold Index ETF T.XGD

Alternate Symbol(s): IUTCF

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Global Gold Index the Index , net of expenses. Under normal market conditions, the Fund will primarily invest in equity securities issued by international issuers participating in the mining secto. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy. A replicating strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a portfolio of index securities in substantially the same proportions as they are represented in the Index.

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iShares S&P/TSX Global Gold Index ETF > XGD and Gold is set to soar in 2021. Get ready for action.

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Post by JayStatusUpdateon Dec 31, 2020 7:07pm

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Post# 32206129

XGD and Gold is set to soar in 2021. Get ready for action.

This is the time for XGD to shine once again. Gold is stable at $1900/oz and these miners are going to start printing money and reducing their debt like no tomorrow. Miners have at least a year or two more to go before they run out of steam, especially at these valuations. This is a huge untapped BUY.

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