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
New fund invests in a mix of gold bullion and gold securities
Proceeds invested in gold and silver bullion
Units now trading on TSX
Fund to invest in holdings of physical gold bullion
But how much of your clients’ portfolios should be devoted to gold is open to debate
ETF conversion planned if units trade at a discount to net asset value