Nic Tustin, BA Econ
The spot price for gold bullion is determined by market forces in the 24-hour global over-the-counter (OTC) market for gold. The OTC market accounts for most global gold trading, and the prices quoted reflect the information available to the market at any given time.
What is the Best Gold ETF?
- GLDM: SPDR Gold MiniShares
- SGOL: abrdn Physical Gold Shares ETF
- AAAU: Goldman Sachs Physical Gold ETF
- IAU: iShares Gold Trust
- GLD: SPDRGold Shares
- OUNZ: VanEck Merk Gold Trust
- PHYS: Sprott Physical Gold Trust
- IAUF: iShares Gold Strategy ETF
- BAR: GraniteShares Gold Trust
- IAUM: iShares Gold Trust Micro
| Manager |  |  | | |  |  |  | |  |
| ETF | SGOL | IAU | IAUF | IAUM | AAAU | PHYS | GLD | GLDM | OUNZ |
| Inception | 2009-09-09 | 2005-01-21 | 2018-06-06 | 2021-06-15 | 2018-07-26 | 2010-02-25 | 2004-11-18 | 2018-06-25 | 2014-05-16 |
| MER | 0.17% | 0.25% | 0.25% | 0.07% | 0.18% | 0.41% | 0.40% | 0.10% | 0.25% |
| AUM | $2,582,221,218 | $25,492,357,576 | $48,894,631 | $931,025,618 | $576,500,000 | $6,241,615,967 | $54,793,020,000 | $5,878,620,000 | $744,950,000 |
| 1Y | 21.63% | 21.54% | 15.54% | 21.75% | 21.57% | 20.87% | 21.35% | 21.72% | 20.81% |
| 3Y | 1.82% | 1.74% | 3.79% | N/A | 1.81% | 1.28% | 1.59% | 1.86% | 1.54% |
| 5Y | 10.26% | 10.18% | 9.43% | N/A | 10.24% | 9.59% | 10.00% | 10.27% | 9.99% |
| 10Y | 3.90% | 3.94% | N/A | N/A | N/A | 3.56% | 3.78% | N/A | N/A |
10. IAUM: iShares Gold Trust Micro
iShares Gold Trust Micro (IAUM) seeks to reflect generally the performance of the price of gold.
The iShares Gold Trust Micro is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. The Trust is not a commodity pool for purposes of the Commodity Exchange Act. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.
- The lowest cost physical gold ETF currently on the market
- Exposure to the day-to-day movement of the price of gold bullion
- Use to diversify your portfolio and help protect against inflation
9. BAR: GraniteShares Gold Trust
The GraniteShares Gold Trust is designed to seek the performance of the price of gold, less trust expenses.
- Physically Backed:The Trust holds only LBMAgood delivery bars stored in a vault domiciled in London, UK
- Transparent and Secured:Thelist of gold barsheld by the Trust is published daily. The vault is audited twice a year. Lending of metal is not permitted, and the Trust cannot hold derivatives
- Cost Effective:BAR is among the lowest-cost gold ETFs on the market
- Easy to Access:BAR is listed on NYSE Arca and can be traded through a normal brokerage account
8. IAUF: iShares Gold Strategy ETF
The iShares Gold Strategy ETF seeks to track the investment results of an index that provides exposure, on a total return basis, to the price performance of gold.
- Exposure to the price performance of gold
- Designed to simplify tax filings as the fund does not require K-1 tax reporting
- Use to diversify your portfolio and to potentially protect against inflation
7. PHYS: Sprott Physical Gold Trust
Sprott Physical Gold Trust (PHYS) was created to invest and hold substantially all of its assets in physical gold bullion. Provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical gold without the inconvenience that is typical of a direct investment in physical gold bullion.
- Fully Allocated Gold
- Redeemable for Metals
- Trustworthy Storage
- Potential Tax Advantage
- Easy to Buy, Sell and Own
- A Liquid Investment
6. OUNZ: VanEck Merk Gold Trust
VanEck Merk Gold Trust (OUNZ) seeks to provide investors with a convenient and cost-efficient way to buy and hold gold through an exchange traded product with the option to take physical delivery ofgold.
- Deliverability: VanEck Merk Gold Trust differentiates itself by providing investors with the option to take physical delivery of gold bullion in exchange for their shares.
- Convertibility: To facilitate delivery, Merk has developed a proprietary process for the conversion of London Bars into gold coins and bars in denominations investors maydesire
- Tax Efficiency: Taking delivery of gold is not a taxable event as investors merely take possession of what they already own: the gold
5. GLD: SPDRGold Shares
The investment objective of SPDRGold Shares (GLD) is to reflect the performance of the price of gold bullion.
- The first US traded gold ETF and the first US-listed ETF backed by a physical asset
- For many investors, the costs associated with buying GLD shares in the secondary market and the payment of the Trust’s ongoing expenses may be lower than the costs associated with buying, storing and insuring physical gold in a traditional allocated gold bullion account
4. IAU: iShares Gold Trust
iShares Gold Trust (IAU)seeks to reflect generally the performance of the price of gold. IAUis not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. The Trust is not a commodity pool for purposes of the Commodity Exchange Act. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.
- Exposure to the day-to-day movement of the price of gold bullion
- Convenient, cost-effective access to physical gold
- Use to diversify your portfolio and help protect against inflation
3. AAAU: Goldman Sachs Physical Gold ETF
Goldman Sachs Physical Gold ETF (AAAU)provides exposure to gold without the complexities of gold delivery, through an exchange-traded fund. Gold serves as a hedge against inflation, and its low correlation with other asset classes makes it a key portfolio diversifier. These attributes give gold the potential to contribute to steady long-term returns, particularly when volatility and uncertainty are high.
2. SGOL: abrdn Physical Gold Shares ETF
abrdn Physical Gold Shares ETF (SGOL) reflectS the performance of the price of gold bullion, less the expenses of the Trust’s operations. The Shares are designed for investors who want a cost-effective and convenient way to invest in physical gold.
1. SPDR Gold MiniShares
The investment objective of SPDRGold MiniSharesTrust (GLDM) is for the Shares of GLDM to reflect the performance of the price of gold bullion, less GLDM’s expenses
- Shares of GLDM are designed for investors who want a cost-effective and convenient way to invest in gold
- For many investors, costs associated with buying and selling the Shares in the secondary market and the payment of GLDM’s ongoing expenses will be lower than the costs associated with buying and selling gold bullion and storing and insuring gold bullion in a traditional allocated gold bullion account
Sunny
2024-02-29
Nic's vast knowledge in financial investments is exceptional. Highly recommended.
Nic is the best source for financial education on social media best etf recommendations.
519 Painting
2023-05-01
Nick was a tremendous help with our financial planning for our new company!
Shiella A
2022-06-30
Nic is professional, intuitive, personable and passionate about his role. We are so gald to have Nic as our financial advisor; our portfolios are well managed and we have been happy with the outcomes over the years. Nic always goes out of his way to help us.We had a bad experience with our Canada life mortgage broker, his lack of support and responsiveness almost cost our family a great opportunity so we had to move on. We honestly wish Nic was able to handle our mortgage needs as well. This will ensure that all our service needs will be well managed.Thank you Nic for everything you do!
Jake Thuss
2022-06-25
Nic is the best financial advisor I have come across in London, Ontario. He knowledgeably helped us with our investments, life insurance and a mortgage. He is a great financial planner to deal with!
John Vella
2021-06-10
This was my first experience with a financial planner. Nic took the time to explain everything to me. He is very patient and thorough. We talked about my goals and plans for retirement. We also talked about my comfort level when it comes to the the ups and downs of investing.I felt very comfortable with Nic. He is down to earth and very knowledgeable.I would highly recommend Nic to anyone needing a financial planner.I feel much more comfortable with my investment plan because of Nic and look forward to working with him for all my investment needs.
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2021-05-11
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Karen Campbell
2021-05-10
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Familia Homes Inc.
2021-05-10
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Nic Tustin, BA Econ
I used my experience from Sunlife, BMO, TD, Edward Jones and Canada Life to create apps to help investors pay fewer fees and income tax. I have a degree in Economics from the University of Waterloo, and financial industry designations such as the Canadian Securities Course (CSC), Conduct & Practices Handbook (CPH), Wealth Management Essentials (WME)and LLQP. I primarily focus on tactical asset allocation by actively balancing portfolios to reduce market risk. I’ve built my business on a foundation of integrity, due diligence, and innovation. I have the essential resources and financial expertise to implement these sophisticated strategies and help you understand how the variables, such as length of investment, liquidity of the investment, inflation rate, income taxes, market fluctuations, and interest rate risks can impact the results you want to achieve long term.
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