Gold Funds: What are gold fund and their benefits

In the world of investing, gold is often considered a hedge against global political and economic uncertainties and even volatility in financial markets. Hence, when planning your overall investment portfolio, adding gold or gold mutual funds to your basket of investments can help you diversify your portfolio. A gold fund is a type of fund that invests in gold exchange-traded funds (ETFs) on behalf of the investor. Gold funds are relatively actively managed. There are many benefits to investing in gold funds, particularly if you find the idea of investing in physical gold too cumbersome.

So what are the benefits of investing in gold funds? Read on to find out.

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