Hello everyone,
I would like to gradually enrich my portfolio with gold so that it ultimately accounts for a maximum of 5% of the total value. I have selected the following two ETCs and am now unsure which one to choose. My investment horizon is 15 - 20 years.
$4GLD - Xetra-Gold
Fees: 0.3% p.a. based on the value of the custody account. These fees are charged monthly, which can quickly become expensive with my planned investment horizon and a possibly rising gold price. Added to this are the rather high delivery fees.
$EWG2 - EUWAX Gold II
No fees, but a significantly higher spread. Significantly better cost model for delivery fees.
Do you have any pro/con arguments? Or which factors should I perhaps take a closer look at?
Thank you in advance and good luck with your investments. 🍀