Gold rocked in 2010. But what is the best, least volatile way to play the barbarous relic? Gold mining stocks or gold bullion via the SPDR Gold Shares (GLD)?
According to Morningstar, passive portfolios hold 22 percent of fund assets, up from 11 percent in 1999. Now it is no longer possible to ignore the impact of indexing.
There's very little real difference between the performance of mutual funds and ETPs in the commodity space, but there's a whole lot of difference in the products' risk characteristics.
In an effort to ramp up its ETF offerings, Charles Schwab announced today that it has acquired an ETF-focused money management company with nearly $4 billion in assets. Schwab paid $150 million in cash and stock for the company.
There’s very little real difference between the performance of mutual funds and ETPs in the commodity space, but there’s a whole lot of difference in the products’ risk characteristics.
Investors have been pouring into exchange-traded funds. But not all ETFs are prospering, says Ron Rowland, president of Capital Cities Asset Management, a registered investment advisor in Austin, Texas. “Too many products have come to market...