U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) Now Trading on Three New Platforms
January 09 2020 - 12:33PM
U.S. Global Investors, Inc. (Nasdaq: GROW) is thrilled to announce
that its gold equities ETF, the U.S. Global GO GOLD and Precious
Metal Miners ETF (GOAU), is now available for investors to trade on
three additional platforms.
GOAU, which had a phenomenal 2019, returning 53.37 percent, was
recently approved by Raymond James, Oppenheimer & Co. and
Janney Montgomery Scott, making the ETF accessible to even more
investors.
“We couldn’t be more pleased with how well GOAU has performed
since its debut more than two years ago,” comments Frank Holmes,
CEO and chief investment officer of U.S. Global Investors. “It’s
done exactly what we said it would, and we’re excited for more
investors to discover it now that it’s been approved for trading on
the three platforms.”
Besides delivering stellar performance, GOAU has seen its
trading volume surge over the past 12 months. Between December 2018
and December 2019, average daily trading volume jumped 681 percent,
or by a multiple of 7.8, from 9,897 shares to as many as 77,376
shares.
Debuting in June 2017, the U.S. Global GO GOLD and Precious
Metal Miners ETF (GOAU) is a quant-based gold equities ETF that
puts special emphasis on royalty and streaming companies, which
provide upfront capital to producers and explorers in exchange for
payments on future output.
To learn more about GOAU, click here.
About U.S. Global Investors, Inc.
The story of U.S. Global Investors goes back more than 40 years
when it began as an investment club. Today, U.S. Global Investors,
Inc. (www.usfunds.com) is a registered investment adviser that
focuses on niche markets around the world. Headquartered in San
Antonio, Texas, the Company provides money management and other
services to U.S. Global Investors Funds and U.S. Global ETFs.
# # # # #
Please click here to see the GOAU prospectus.
Past performance does not guarantee future results.
Total
Annualized Returns as of 12/31/2019 |
Fund |
One-Year |
Five-Year |
Ten-Year |
Since Inception |
Gross Expense Ratio |
U.S. Global GO GOLD and Precious Metal Miners ETF NAV |
53.37% |
n/a |
n/a |
16.44% (6/27/2017) |
0.60% |
U.S. Global GO GOLD and Precious Metal Miners ETF Share
Price |
54.14% |
n/a |
n/a |
16.71% (6/27/2017) |
0.60% |
The performance data quoted represents past performance. Past
performance does not guarantee future results. The investment
return and principal value of an investment will fluctuate so that
an investor's shares, when sold or redeemed, may be worth more or
less than their original cost and current performance may be lower
or higher than the performance quoted. Short term performance, in
particular, is not a good indication of the fund’s future
performance, and an investment should not be made based solely on
returns. For performance data current to the most recent month-end
please visit www.usglobaletfs.com.
Investing involves risk, including the possible loss of
principal. Shares of any ETF are bought and sold at market price
(not NAV), may trade at a discount or premium to NAV and are not
individually redeemed from the fund. Brokerage commissions will
reduce returns. Because the fund concentrates its investments in
specific industries, the fund may be subject to greater risks and
fluctuations than a portfolio representing a broader range of
industries. The fund is non-diversified, meaning it may concentrate
more of its assets in a smaller number of issuers than a
diversified fund. The fund invests in foreign securities which
involve greater volatility and political, economic and currency
risks and differences in accounting methods. These risks are
greater for investments in emerging markets. The fund may invest in
the securities of smaller-capitalization companies, which may be
more volatile than funds that invest in larger, more established
companies. The performance of the fund may diverge from that of the
index. Because the fund may employ a representative sampling
strategy and may also invest in securities that are not included in
the index, the fund may experience tracking error to a greater
extent than a fund that seeks to replicate an index. The fund is
not actively managed and may be affected by a general decline in
market segments related to the index. Gold, precious metals, and
precious minerals funds may be susceptible to adverse economic,
political or regulatory developments due to concentrating in a
single theme. The prices of gold, precious metals, and precious
minerals are subject to substantial price fluctuations over short
periods of time and may be affected by unpredicted international
monetary and political policies. We suggest investing no more than
5% to 10% of your portfolio in these sectors.
GOAU is distributed by Quasar Distributors, LLC. U.S. Global
Investors is the investment adviser to GOAU.
All opinions expressed and data provided are subject to change
without notice. Some of these opinions may not be appropriate to
every investor.
Holly Schoenfeldt
U.S. Global Investors, Inc.
210.308.1268
hschoenfeldt@usfunds.com
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