FYI: Going by one of the most popular ways for investors to get exposure to gold, the cost of investing in the precious metal just dropped by more than half.
State Street Global Advisors, in conjunction with the World Gold Council, on Tuesday launched the SPDR Gold MiniShares Trust GLDM, -0.54% the latest exchange-traded fund to track the price of gold. And not only does the new ETF do so at a slight discount to its peers, in terms of its expense ratio, but it undercuts another SPDR fund by 62.5%.
Regards,
Ted
https://www.marketwatch.com/story/gold-etf-fee-war-continues-as-new-fund-undercuts-rivals-2018-06-26/print
