Tuesday, November 2, 2010

Quantum Gold ETF Review

Quantum Gold ETF Review

Quantum Gold ETF fund is the unique gold exchange traded fund of India. It differs from other Gold ETFs of India in a manner that, its 1 unit (NAV) closely track the price of 1/2 gram of gold. While all the other gold ETFs closely track the price of 1 gram of gold.

And that’s why the 1 unit NAV price of Quantum Gold ETF is half of that of other Gold ETFs available in the market.

Many readers ask me that why the price of this fund units is half than the others? Well, the above is the answer.

The minimum investment amount is Rs.5000, there is not any entry load and just 0.5% Exit load in this fund.

The main advantage of having 1 unit = 1/2 gram of gold is that, small investors subsequently invest in 1/2 gram of gold also by purchasing small number of units from this fund.

Gold has given outstanding performance since past several years and that’s why I personally advise investors to invest at least 5% (MAXIMUM 10%) of your wealth in Gold ETFs.

Also remember that, you should never invest more than 10% of your total portfolio net worth in Gold. If your sole purpose of buying a gold is the investment purpose than Quantum Gold ETF is the answer for you.

The Gold price will keep going up and up until the US Government won’t stop printing more money (Quantitative Easing in sophisticated words) out of thin air to take USA out of recession.

Anyways…So invest in the gold in a modern way (Demat Gold/Paper Gold) via Quantum Gold ETF.

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