Paul, I want to buy an ETF listed on the NYSE. It is DBA. I was wondering if there could be an ASX listed ETF holding roughly the same basket of commodities: corn, coffee… and if you would recommend it. Also, could you please give me the code for the best gold ETF, in your opinion, trading on the ASX? Thank you.
A: I can’t readily see a comparable ETF listed on the ASX.
In terms of gold ETFs, there are three – two unhedged, one currency hedged. Betashares offers the currency hedged physical gold ETF, ASX Code QAU. Unhedged, there is the GOLD ETF from ETF Securities, and ZBOL from ANZ ETFS. Both are physical gold, management fee of 0.40%. The GOLD ETF has been around a little longer and may have a deeper market.
Very little to choose between the two.
