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Life Insurance and Investment Forum Canada > Investments > Mutual Funds > Sprott Launches new Gold ETF
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Author Topic: Sprott Launches new Gold ETF  (Read 125 times)
isabella
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« on: March 02, 2010, 09:02:34 AM »
Toronto-based Sprott Asset Management, a newcomer to the U.S. ETF industry, became the latest issuer to introduce a physically-backed gold ETF last week, debuting the Sprott Physical Gold Trust (PHYS) on Friday. The new fund “was created to invest and hold substantially all of its assets in physical gold bullion” and will compete directly with several existing physically-backed gold bullion funds... http://etfdb.com/2010/sprott-launches-new-canada-gold-etf-phys/
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