|Expense Ratio (net)||1.45%|
|Category||Equity Precious Metals|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Above Average|
|Beta (3Y Monthly)||0.26|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Feb 10, 1956|
The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. exchange-traded fund, which holds bars of solid bullion, or perhaps gold futures contracts on the CME futures exchange. The past few years have been bleak for the gold bulls, with prices sliding from a peak of around $1,900 a troy ounce in late 2011 to just under $1,400 today, with the market having never fully recovered since then.
VanEck’s Joe Foster has today released his latest monthly commentary: Gold Market Update for February 2019. In the latest edition of this widely followed update, Foster, Portfolio Manager for the VanEck International Investors Gold Fund (INIIX), shares his thoughts and updates following an eventful month for gold and gold-related equities.