Swiss Gold ETF Launches

ETF Securities USA recently launched the ETFS Physical Swiss Gold Shares (SGOL), an ETF that is intended to provide investors with a return equivalent to movements in the gold spot price less fees.

The Shares represent beneficial interest in the Trust, which in turn holds allocated physical gold bullion bars stored in secure vaults in Zurich, Switzerland.

The Shares are designed for investors who want a cost-effective and convenient way to invest in gold. For many investors, it is expected that the transaction costs for buying and selling the Shares will be lower than purchasing, storing and insuring physical gold.

See the Commodities ETF Directory for more information on investing in commodities with exchange traded funds.