Top Gold ETFs Profiles

The iShares Gold Bullion ETF seeks to replicate the performance of the price of gold bullion, less fees and expenses.

The CI First Asset Gold plus Giants Covered Call ETF seeks to provide holders, through an actively managed portfolio, as described below, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 15 largest Gold and Precious Metals Companies measured by market capitalization listed on a North American stock exchange that have liquid options markets and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. On July 24, 2019, pursuant to unitholder approval, the ETF's name was changed from CI First Asset Can-Materials Covered Call ETF with ticker "MXF".

The Global X Gold Producer Equity Covered Call ETF seeks to provide, to the extent possible and net of expenses: (a) exposure to the performance of an index of equity securities of diversified North American listed gold producers (currently, the Solactive North American Listed Gold Producers Index) and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, GLCC will employ a dynamic covered call option writing program.

The Global X Gold Yield ETF seeks to provide Unitholders with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less HGY's fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy.

The Global X Gold ETF seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Gold Front Month MD Rolling Futures Index ER. Any U.S. dollar gains or losses as a result of the ETF's investment will be hedged back to the Canadian dollar to the best of the ETF's ability.

The Purpose Gold Bullion Fund (FX Hedged) has been created to buy and hold substantially all of its assets in gold bullion and, incidental thereto, minor amounts of gold certificates, if any.

The CI Gold Bullion Fund seeks to buy and hold substantially all of its assets in gold bullion. As such, its performance should reflect the performance of the price of gold, less the fund's expenses.

The iShares SP/TSX Global Gold Index ETF seeks to provide long-term capital growth by replicating the performance of the SP/TSX Global Gold Index, net of expenses.