What is meaning of Gold Funds - NEPAL MONETARY SOLUTIONS (NMS)

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Monday, March 7, 2016

What is meaning of Gold Funds

The objective of these funds is to track the performance of Gold. The units represent the value of gold or gold related instruments held in the scheme.

Gold Funds which are generally in the form of an Exchange Traded Fund (ETF) are listed on the stock exchange and offers investors an opportunity to participate in the bullion market without having to take physical delivery of gold.

Gold funds are a valuable tool for investors, including speculators. Gold is also valuable as a bet against a falling currency.

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