I want to invest in gold ETF for the long-term. How much should I allocate towards this investment? Which is the best gold ETF to invest in?
– Rajesh Menon
Gold is fast finding way into portfolios with up to 5 per cent allocation to achieve diversification and you can allocate the same. Gold ETFs are structured in a way that they generate exactly the same return. The NAVs of these funds move according to the market price of gold; less the expenses. All gold ETFs currently charge around one per cent as expenses. So you can choose an ETF that has the least expense.
This article was originally published on March 18, 2011.