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Funds, ETFs & Index Investing

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Funds, ETFs & Index Investing

Gold ETF

An exchange-traded fund holding physical gold, whose units track the domestic price of the metal.

Test: the fund holds physical gold of standard purity, and each unit represents a stated weight of it qualitative
Funds, ETFs & Index Investing

Growth Option

The plan option in which a fund retains all gains, so returns show up as a rising NAV rather than as payouts.

Test: no distributions are made; the entire return is reflected in the NAV qualitative