There are now twenty three non-leveraged ETPs that fall within the “Precious Metals” category including not only gold backed or gold focused ETPs, but also other metals such as Silver, Platinum, and Palladium for example, and although the accumulation of assets in the space is rather top heavy at the moment (with the top five funds holding the lion’s share of the overall assets invested in the space).
Two of these “top five” funds, PPLT (ETFS Physical Platinum Shares, Expense Ratio 0.60%) and PALL (ETFS Physical Palladium Shares, Expense Ratio 0.60%) only debuted in 2010, and have exhibited impressive asset growth since inception, demonstrating the appetite for exposure to physical precious metals within one’s ETF portfolio.
Other, lower tier Precious Metals focused ETPs still languish in relative obscurity, such as RGRP (RBS Rogers Enhanced Precious Metals ETN, Expense Ratio 0.95%) and BLNG (iPath Pure Beta Precious Metals, Expense Ratio 0.75%) but even specialty and somewhat esoteric ETPs in the space, such as WITE (ETFS Physical White Metal Basket Shares, Expense Ratio 0.60%), TBAR (RBS Gold Trendpilot ETN, Expense Ratio 1.00%), AGOL (ETFS Physical Asian Gold Shares, Expense Ratio 0.39%), and GLTR (ETFS Physical Precious Metal Basket Shares, Expense Ratio 0.60%) have collectively demonstrated the ability to raise assets over time and gradually garner investor attention.
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
Street One Financial is an educational/research firm utilizing the Broker Dealer services of GWM Group Inc (RLCC) a FINRA registered Broker/Dealer. All trades are executed through GWM Group (RLCC) and cleared by Fidelity (NFS)DTC number 0226. Street One Financial LLC makes available products and services offered by GWM Group Inc., a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.