Get the Best ACRE Gold for Your IRA
- The fund holds securities in two main categories: U.S.-listed companies that derive at least 50% of their revenues from gold mining activities, and Canadian-listed companies that derive at least 90% of their revenues from gold mining activities.
- The ACRE Gold ETF (symbol: ACG) is an exchange-traded fund that tracks the performance of gold mining companies in Canada.
- The fund holds more than 20 companies, including Franco-Nevada, Yamana Gold, First Majestic, and Eldorado Gold.
ACRE®, a proprietary investment product, is an exchange-traded fund (ETF) that tracks the S&P/TSX Composite Gold Index. The ETF seeks investment results that correspond generally to the price and yield performance of the S&P/TSX Composite Gold Index.
The ACRE Gold ETF is an exchange-traded fund (ETF) that attempts to track the S&P/TSX Composite Gold Index, which tracks the performance of the publicly traded shares of gold mining companies in Canada.
Understanding ACRE Gold
ACRE Gold is a type of gold exchange-traded fund (ETF). Like other gold ETFs, ACRE Gold is priced in U.S. dollars, rather than in the actual metal. As a result, it won't pay investors in actual gold, but in U.S. dollars.
The price of ACRE Gold is quoted in U.S. dollars. Each ACRE Gold share represents 1/100th of an ounce of gold.
ACRE Gold is traded on the NYSE Arca exchange.
Like other gold ETFs, ACRE Gold is backed by gold, but its price is not tied to the price of gold.
The price of ACRE Gold is set by supply and demand.
ACRE Gold Basics
ACRE Gold is a mutual fund that holds physical gold bullion. ACRE Gold is a non-diversified fund that invests 100 percent of its assets in gold bullion. The fund is managed by ACRE Capital Management LLC.
ACRE Gold has about $126 million in assets under management (AUM) and charges an expense ratio of 0.75%.
ACRE Gold invests its assets in physical gold bullion held in vaults in Canada, New York, London, and Zurich. The bullion is held in allocated accounts at HSBC Bank Canada, Barclays Bank, and Loomis International.
Investors purchase ACRE Gold shares through stock market exchanges. Shares can be bought and sold at any time during market hours.
ACRE Gold generally invests in gold bullion bars with .995 purity.
What Is the Minimum Investment for ACRE Gold?
The minimum investment for ACRE Gold is $2,500.
What Types of IRAs can Buy ACRE Gold?
ACRE Gold can be purchased and maintained in the following types of Individual Retirement Accounts (IRAs):
Traditional IRA
Roth IRA
SEP IRA
SIMPLE IRA
Are There Any Other Advantages of Investing in ACRE Gold?
Investing in ACRE Gold allows you to diversify your portfolio. While gold is an asset that tends to rise and fall depending on economic and political events, the ACRE Gold fund takes this into account and aims to invest in gold bullion that is "allocated" to particular countries.
ACRE Gold invests in gold bullions that are allocated according to the following percentages:
10% U.S.
20% Switzerland
20% Canada
20% Australia
20% Italy
20% Japan
As a result, ACRE Gold's holdings do not include gold bullions from the United States.