Funds, ETFs & Index Investing
2 terms
Gold ETF
Funds, ETFs & Index Investing
qualitative
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
Growth Option
Funds, ETFs & Index Investing
qualitative
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