Assets in the streetTRACKS(R) Gold Trust, the issuer of streetTRACKS(R) Gold Shares, have surpassed $10 billion.
“A weak dollar, renewed inflation fears, and heightened political tensions across the globe appear to be increasing investors’ appetite for exposure to gold,” says James Burton, managing director of World Gold Trust Services.
“As the first US exchange traded fund to provide access to the portfolio diversification benefits of gold, the streetTRACKS(R) Gold Trust has proven to be a popular solution for a wide array of financial advisors and investors who want cheap and easy access to gold’s unique investment properties.”