ETF Securities Witnesses Influx Of Assets
As the investment demand for precious metals continues to remain high, ETF Securities, the first US ETF provider to provide investors with access to a full suite of precious metal ETFs, recently surpassed the $2 billion mark for total assets under management.
ETF Securities is known for the following ETFs which are all backed by their respective physical bullion:
- ETFS Physical Swiss Gold Shares ETF (SGOL)
- ETFS Physical Silver Shares ETF (SIVR)
- ETFS Physical Palladium Shares ETF (PALL)
- ETFS Physical Platinum Shares ETF (PPLT)
As for the future of these ETFs, it is highly likely that will continue to witness asset growth. Fear and uncertainty appear to be driving up the demand for precious metals as a place to store wealth. Furthermore, industrial demand is expected to provide further support for silver, platinum and palladium as emerging markets continue to grow at healthy rates and purchasing power in these developing nations elevates.
Disclosure: No Positions