Driving the investment demand for the precious metal is the fear that the U.S. dollar will be devalued further
Open-ended “bullion only” fund can be purchased and redeemed daily
Inflows into fixed income funds have hit record high levels
Research suggests it should represent only a modest portfolio allocation
Lead manager for the fund will be Benoit Gervais
Gold mining companies expect prices to continue to rise in 2010
Goodman bullish on gold
The prospect of higher inflation, coupled with a weak US$, could push bullion prices higher
Bank has seen demand for gold surge by roughly 40% in the past year
Majority of investments involve factors that skew the actual underlying performance of bullion