by Douglas on May 25, 2011
Is it time to buy Silver ETFs? The answer is yes if you wish to ride the continuing wave of positive returns during this economic turndown. Gold has again reached over $1500 an ounce which makes it unreachable for the small trader, but silver is still within reach.
For those thinking of ETF Investing in silver, the price per ounce closed at $35.070 an ounce on May 23, 2011. It has also continued to rise to $36.39 as May 24, 2011 comes close to an end. During this same time Gold has only raised $5 an ounce. By comparing the amount invested to the return, silver is the more profitable. Your investment in silver would only have to be less than $200 to match what those that have invested in gold are making for their $1500 investment.
The ETF that invests its assets in the spot silver price is IShares Silver Trust (SLV). The share price as of May 24, 2011 was at $35.77. The 52 week fluctuation has a range of $16.94 to $48.35. The average trading volume is at 31.7 million.
The YTD return of this investment is at 18.52%. The 1 year return is at 103.70%. The real question is not if it is time to buy silver ETFs but how much. Just be ready when the economy finally turns around and you should withdraw your funds or lose when the price drops.
For additional resources about ETF on this website, please view PIMCO Total Return ETF.
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.
by Douglas on May 3, 2011
The creation of the PIMCO Total Return ETF was announced at the end of last month. The ETF manager of this investment will be Bill Gross, the fund manager of the world’s largest mutual fund PTTRX Pimco Total Return Institutional Fund.
This is to be an actively traded and managed investment for ETF Investing by individuals. The date of it being available is not know. The paper work has been filed and now the approve is all that is being waited on. At this time there is not even a ticker symbol assigned to this ETF.
The manager of this fund has an outstanding record as head of the PTTRX fund. He has also received the award for Morningstar of being the Fixed Income Manager of the year for 1988, 2000 and 2007.
One of the leading differences of an ETF with mutual funds is that since it is traded daily, all of the disclosures are also done daily. This is so transparency of the investment is crystal clear.
As a track record goes the PTTRX YTD return is at 2.8%. The 3 year return is at 8.71 and 5 year return is at 8.81%. Each of these is respectable since they include the height of the recent recession without any major losses. The expense ratio of his fund is at 0.90% but the minimum investment is $1 million. That might place this investment out of reach of most investors. The ETF will be sold by shares, so it should be obtainable for most who wish to get in on this investment.
The PIMCO Total Return ETF is getting closer to reality, but at the moment is not an active ETF you can invest in.
For additional resources about ETF on this website, please view Japan ETFs.
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.
