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.

TSX:XGD - Post by User

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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Comment by Shadow1973on Feb 20, 2021 7:34pm

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Post# 32620071

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

Barrick is shovelling money out the door ($750 million in special dividends) because they have so much cash, yet the miners continue to go unloved and take a beating. Zero interest in the gold sector right now. Funds all going to bitcoin.

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