Loading ...XGD.TO
A Canadian Listed Gold Fund
I LIKE the Holdings
Not a bad Portfolio if you want some tried and true Seniors and Mid Tier Producers all in one basket
NEM NEWMONT MINING CORP 13.90 %
ABX BARRICK GOLD CORP 11.22 %
FNV FRANCO NEVADA CORP 10.66%
AEM AGNICO EAGLE MINES LTD 7.61 %
G GOLDCORP INC 7.38 %
KL KIRKLAND LAKE GOLD LTD 4.29%
AU ANGLOGOLD ASHANTI ADR REPTG LTD 4.26 %
K KINROSS GOLD CORP 3.18 %
BVN BUENAVENTURA ADR REPRESENTING %
GFI GOLD FIELDS ADR REPRESENTING LTD 2.45 %
BTO B2GOLD CORP 2.27 %
YRI YAMANA GOLD INC 1.92 %
OGC OCEANAGOLD CORPORATION CORP 1.69 %
DGC DETOUR GOLD CORP 1.29 %
AGI ALAMOS GOLD INC CLASS A 1.24 %
SSRM SSR MINING INC 1.19 %
IMG IAMGOLD CORP 1.13 %
PVG PRETIUM RESOURCES INC 1.05 %
SBGL SIBANYE STILLWATER ADR REPRESENTIN 0.99%
EDV ENDEAVOUR MINING CORP 0.98
THO TAHOE RESOURCES INC 0.89%
CG CENTERRA GOLD INC 0.87 %
TXG TOREX GOLD RESOURCES INC 0.70%
SSL SANDSTORM GOLD LTD 0.68 %
OR OSISKO GOLD ROYALTIES LTD 0.67 %
HMY HARMONY GOLD MINING ADR REPRESENTI 0.65 %
NG NOVAGOLD RESOURCES INC 0.64 %
SMF SEMAFO INC 0.57 %
ASR ALACER GOLD CORP 0.56%
NGD NEW GOLD INC 0.52 %
SA SEABRIDGE GOLD INC 0.43 %
WDO WESDOME GOLD MINES LTD 0.36 %
MUX MCEWEN MINING INC 0.35 %
ELD ELDORADO GOLD CORP 0.33 %
DPM DUNDEE PRECIOUS METALS CLASS A INC 0.31%
CGG CHINA GOLD INTERNATIONAL RESOURCES 0.23%
Yup, easiest to play this than cherry picking. HGU seems ok enough compared to the 3 times widow makers. Juniors went up more % wise last rally so I’d go for both.More chaos please. 🙂
I think HGU.TO is 2X XGD.TO Highroller
There is another 1X ETF for Juniors ZJG ( it hardly trades)
Yep, pretty good looking bunch.
Any US taxpayer might consider looking deeply into US PFIC (Passive Foreign Income Company) laws and regulations before investing in any non-US mutual fund. A strong recommendation, even though I am not sure at all about these things–it is not an area I know or understand.
Same goes for investing or speculating in non-US metals companies whose businesses don’t consist largely of profitable production, but this subject is even trickier.
There may be exceptions to rules if holdings are for less than 30 days if I recall correctly (?).
Do not rely on my comments, other than that I believe it is worth looking. I simply do not understand much and am unreliable here. I have started to look, and my head is spinning. It would be good if someone sophisticated in PFIC aspects of US tax law and regulations were to provide commentary.
XGD is apparently an ETF not a mutual fund. I do not believe that the distinction makes even the slightest of differences for PFIC law however. I am not to be relied on however. I am struggling to learn. My underlying point is that probably others should as well.