Global X launches an ETF investing in gold-exploration firms

11/4/2010 | · ETFguide ·

Global X Funds has launched an exchange-traded fund that buys stock in gold-exploration companies. The Gold Explorers ETF is linked to the Solactive Global Gold Explorers Index. Global X said the ETF is the first to focus exclusively on gold exploration, rather than mining. The ETF trades on NYSE Arca with a 0.65% expense ratio.

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