Investors Seek Out Gold Miner ETFs
Investors are turning to gold miner stocks and are investing more money into exchange- traded funds tracking the shares.
Investors are turning to gold miner stocks and are investing more money into exchange- traded funds (ETFs) tracking the shares, ETF Trends reports. These stocks have outperformed bullion over the past month. Gold miner ETFs have witnessed inflows of $1.5 billion, while investors have withdrawn more than $2 billion from gold-backed funds. The Market Vectors Gold Miners and the Market Vectors Junior Gold Miners are the biggest miner ETFs. Gold bullion ETFs are bigger than miner ETFs in terms of total assets.
Click here for the story from ETF Trends.