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U.S. Global's New Gold ETF Brings A Quant's Approach To The Metal

TedTed
in The Bullpen
FYI: (This is a follow-up article)
Gold is losing its luster with investors in exchange-traded funds. But an active asset management firm is betting it can bring back that shine using popular smart beta strategies.

U.S. Global Investors Inc., a San Antonio, Texas-based asset manager that oversees mutual funds focused on gold and other similar commodities, listed the U.S. Global GO Gold and Precious Metals Miners ETF, symbol GOAU, on June 28. The fund holds royalty and streaming companies in addition to gold miners and producers, according to Frank Holmes, the firm’s chief executive officer. The ETF also weights its holdings not by size but by fundamental factors, such as revenue per employee, which Holmes says gives it an edge over its rivals.
Regards,
Ted
https://www.bloomberg.com//news/articles/2017-07-05/u-s-global-s-new-gold-etf-aims-to-make-the-metal-shine-again

M* Snapshot GOAU:
http://www.morningstar.com/etfs/arcx/goau/quote.html
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