Read These Goldstar Trust Reviews Before You Invest
- Goldstar Trust is an investment trust listed on the London Stock Exchange that invests in gold bullion.
- The trust offers investors an opportunity to invest in precious metals at an affordable rate.
- It operates a bullion-backed share class, which tracks the price of gold bullion.
Goldstar Trust is an investment trust listed on the London Stock Exchange that invests in gold bullion. The trust offers investors an opportunity to invest in precious metals at an affordable rate. It operates a bullion-backed share class, which tracks the price of gold bullion.
Pros Explained
• Low Minimum: $500
• High Yield: 5.96%
• Tax-Exempt: Yes
• No Sales Fees: Yes
• No Redemption Fees: Yes
Cons Explained
• No State Tax Deduction: Yes
• No Tax Exempt Status: No
• No 529 Plan: No
• No ETF: No
• No Mutual Fund: No
Cons Explained
No information regarding management.
No information regarding investment philosophy.
No information regarding investment objective.
No information regarding investment manager.
No information regarding investment policies.
No information regarding investment risks.
No information regarding investment fees.
No information regarding shareholder fees.
No information regarding shareholder information.
No information regarding fund performance.
No information regarding fund holdings.
No information regarding fund transactions.
Available Courses
The most basic of the courses offered by Goldstar is the Basics of Investing course. This course costs $79 and is primarily targeted towards those who have no interest in investing but want to learn more about the industry.
The course involves two modules:
Module 1: Introduction to Investing
Module 2: Investing Strategies
Each module includes between 5 and 10 lessons.
The Basics of Investing course is also offered as part of a bundle with the Investing Starter Kit course. The bundle costs $89 and is also available as a monthly subscription.
The Investing Starter Kit course takes approximately 3 hours to complete. Upon completion of the course, students earn a Certificate of Completion.
Competition
Goldstar Trust ranks fifth among 3,000 peer-rated investment trusts, according to Morningstar, based on a five-year total return.
Management
With more than a decade of experience running the trust, Goldstar Trust's chief executive, Peter Law, has successfully steered the portfolio through multiple market cycles.
Value
Goldstar Trust offers investors compelling value, with a 1.4% dividend yield and a discounted valuation of 0.9 times its book value.
Customer Service
Goldstar Trust has a "very satisfied" rating among investors, according to TrustLink, a financial services research site.
The TrustLink rating is based on 283 customer ratings. The 12-month total returns for the TrustStar Balanced Fund, which tracks the TrustStar Balanced Index, are 6.49%, compared with 8.59% for the S&P 500 Index.
Pricing
Goldstar Trust is more expensive than some of its peers. Its expenses are 0.42%, compared with 0.3% for the S&P 500 Index and 0.15% for the Russell 3000 Index.
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Reputation
Goldstar Trust was founded in 1996, and it has a 97% customer satisfaction rate. It received the highest rating among 25 companies reviewed by the Business Consumer Alliance.
Financial Strength
Goldstar Trust is rated "A" (Excellent) by AM Best and "A" (Strong) by Standard & Poor's and Fitch.
Fees and Expenses
Goldstar Trust charges 0.85% annually, which is in line with most financial service companies.
Customer Support
Goldstar Trust offers customer support by phone, chat, and email.