That's according to George Milling-Stanley, one of the world's experts in gold and the chief gold strategist at State Street Global Advisors.
They're differentiated by their gross expense ratios — 0.40% for GLD and 0.10% for GLDM — and it's this key distinction that also differentiates the type of investor they attract, according to Milling-Stanley.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors Advised to Consider Quality Stocks Amid Market UncertaintyPiper Sandler recommends investors to turn to quality stocks due to market uncertainty. The investment firm believes that general uncertainty and lack of a clear economic trajectory will persist, and therefore suggests overweighting quality fundamentals at a reasonable price. The firm looks for stocks with attractive value, cash flow profitability, realized growth, and expected near-term growth. Piper Sandler's Macro Select model has shown strong returns in the past year.
Source: CNBC - 🏆 12. / 72 Read more »
Clocks going forward can catch investors napping: How investors' reactions are affected by sleep disruptionClocks losing an hour in spring significantly affects how investors respond to companies that reveal unexpected levels of earnings, research shows.
Source: physorg_com - 🏆 388. / 55 Read more »