Why should one invest in the Quantum Gold Fund? With so many gold ETFs schemes launched in the market, what is different about the Quantum Gold Fund?
The Quantum Gold Fund seeks to offer investors an innovative, cost-efficient and secure way to invest in gold. Through the lower cost of operations and the availability of units having smaller denominations, the Quantum Gold Fund would provide investors an excellent means of asset allocation. Each unit of the Quantum Gold Fund will approximately be equal to ½ gram of pure gold (0.995). Thus, an investor can buy gold in units of ½ gram, one of the lowest thresholds for investing in gold. This could be lower than Rs. 600/ per unit, based on the domestic price of Gold as on January 9, 2008. The Quantum Gold Fund would also be the first in the country without any entry loads, during the NFO As all the Gold ETFs track gold, the only differentiating factor would be the costs. The lower the costs of the ETF scheme, the higher the NAV.
Related Questions
- Why should one invest in the Quantum Gold Fund? With so many gold ETFs schemes launched in the market, what is different about the Quantum Gold Fund?
- How can I invest in the Quantum Gold Fund (QGF)? What is the minimum application amount in QGF for subscription of units?
- How Do You Invest In The Gold Market?
