Franklin Responsibly Sourced Gold ETF (FGLD)

NYSEARCA: FGLD · IEX Real-Time Price · USD
23.83
0.00 (0.00%)
Aug 15, 2022 12:00 AM EDT - Market open
0.00%
Assets $2.35M
NAV $23.49
Expense Ratio 0.15%
PE Ratio n/a
Shares Out 100,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return -1.71%
Volume 7
Open 24.10
Previous Close 23.83
Day's Range 23.83 - 24.10
52-Week Low 22.71
52-Week High 24.24
Beta n/a
Holdings 2
Inception Date Jun 30, 2022

About FGLD

The assets of the fund include only gold bullion and cash, if any. The fund is not a proxy for investing in physical gold. Rather, the Shares are intended to provide a cost-effective means of obtaining investment exposure through the securities markets that is similar to an investment in gold.

Asset Class Equity
Issuer Franklin Templeton
Stock Exchange NYSEARCA
Ticker Symbol FGLD

News

First, Stability, Then Perhaps Higher Gold Prices

Gold investors are understandably frustrated. After all, inflation is high, but the yellow metal — historically a prime inflation-fighting asset — isn't generating impressive returns.

It's Not Perfect, but Gold Is Still a Valid Storm Shelter

Owing to the soaring dollar, which is the byproduct of rising interest rates, gold isn't the perfect asset class this year.

Franklin Templeton Shakes Up ETF Offerings

The company will retire and rebrand 13 of its funds' names.