SPDR Gold Trust (ETF) (GLD) & More: Hedge Funds’ 10 Favorite ETFs
Exchange-traded funds (ETF) like the SPDR Gold Trust (ETF) (NYSEARCA:GLD) have many similarities with regular stocks. However, even though it trades like a stock on the market, an ETF is a security that follows an index, a commodity or a basket of assets, so it has some particularities as an index fund. Because it acts like a stock on the market, but also because of the low cost and tax efficiency, ETFs can represent an interesting investment opportunity.
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