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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (31333)9/14/2011 6:07:58 PM
From: Wade  Read Replies (1) | Respond to of 48092
 
Is it better or worse than GLD and why? Could you tell us about it in simple words, if you know it so well?

This is at CGL's website:

claymoreinvestments.ca

The Claymore Gold Bullion ETF (TSX:CGL), seeks to replicate the performance of the price of gold bullion, less its expenses and fees. The assets of the Claymore Gold ETF consist primarily of physical gold bullion (the “Portfolio”) which the Claymore Gold ETF purchases and holds in accordance with its investment objective, strategy, policies and restrictions, as well as any forward contracts relating to the currency hedge of the hedged common units, cash and permitted gold certificates, if any.