Gold ETF folios jump 164% in three years
In short
Gold ETF folios rose 164% in three years, beating large-cap mutual funds, according to a study.
The study says some investors may be rushing into gold because prices have rallied, and it warns people not to go beyond the usual 5% to 10% gold share in a portfolio.
What the reporting says
Gold ETF folios surged 164% over three years, outpacing large-cap mutual funds, according to a recent study cited by Mint Money. The study warns that investors may be driven by FOMO amid the gold rally and advises staying within the usual 5% to 10% gold allocation in portfolios. The brief links the surge to stronger interest in gold investment.
Why it matters
Gold ETF folios increased 164% in three years and outpaced large-cap mutual funds, according to the cited study. The report says the gold rally may be encouraging FOMO-driven buying and reminds investors of the usual 5% to 10% portfolio allocation to gold. The story is about investor behaviour and portfolio allocation, not a company earnings event or a market price update.