Buying gold is as easy as buying a gold ETF with one listed locally in Rands from Absa and a US one trading in US$ from State Street Global Advisors. Both have the code GLD.
How big are our ETFs?
Our local Exchange Traded Fund market is tiny compared to the overall market, but we have some decent sized ETFs.
Satrix to acquire Absa NewFunds
Absa and Sanlam are merging their investment businesses and this includes NewFunds ETF being taken over by Satrix.
Comparing ETFs: Asset classes
Investing is about more than just shares. There are a number fo different asset classes we can buy and this article digs into the details.
ETF: Understanding the Krugerrand Custodial Certificate
The physical nature of a gold investment provides investors with a sense of security. Ironically, though, taking delivery of a physical gold investment comes with risks. RMB’s Krugerrand Custodial Certificate (KCCGLD) offers an opportunity to invest in Krugerrands without having to resolve issues around storing physical assets. Like the Dollar Custodial Certificate (DCCUSD), the Krugerrand ...