Better to hold two gold funds?

Discussion of the Gold portion of the Permanent Portfolio

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Kevin K.
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Better to hold two gold funds?

Post by Kevin K. » Sat Jul 20, 2019 4:56 pm

Does it make sense to hold both AAUF and IAU rather than having the entire paper gold position in just one of them?

I understand physical gold is preferable but it just isn’t feasible for me right now.
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Tortoise
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Re: Better to hold two gold funds?

Post by Tortoise » Sat Jul 20, 2019 4:59 pm

Yes, fund diversification is good to have. I use one gold ETF in some of my accounts and a different gold ETF in the others.
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Re: Better to hold two gold funds?

Post by Kevin K. » Sat Jul 20, 2019 5:47 pm

Thanks!
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vnatale
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Re: Better to hold two gold funds?

Post by vnatale » Tue Sep 10, 2019 9:05 pm

Could you specify which two?

Curious if either is on the book's list:

1. iShares Gold ETF (Ticker: IAU)
2. StreetTracks Gold ETF (Ticker: GLD)
3. Physical Swiss Gold ETF (Ticker: SGOL)
4. Sprott Physical Gold Trust (Ticker: PHYS)
5. Central Fund of Canada (Ticker: CEF)
6. Central Gold Trust of Canada (Ticker: GTU)
7. Canton Bank of Zürich ETF (Ticker: ZGLD)

Thanks

Vinny

Tortoise wrote:
Sat Jul 20, 2019 4:59 pm
Yes, fund diversification is good to have. I use one gold ETF in some of my accounts and a different gold ETF in the others.
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Tortoise
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Re: Better to hold two gold funds?

Post by Tortoise » Wed Sep 11, 2019 2:52 pm

I use IAU and SGOL.
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Re: Better to hold two gold funds?

Post by pmward » Wed Sep 11, 2019 2:57 pm

As I mentioned in the previous post AAAU is my current darling. But I also do have a decent chunk in IAU.
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Kbg
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Re: Better to hold two gold funds?

Post by Kbg » Thu Sep 12, 2019 1:19 pm

If it isn't real, the cheapest mngt fee, full stop.

(Unless you are swinging a very large monetary bat where trade size becomes an issue and in that case fund size/liquidity become the dominant issue.)
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