Attractiveness of Gold and Preferred Stock ETFs Highlighted
According to <Discovery of Investment>, gold remains the only asset rising amidst market volatility. On the 12th, international gold prices hit an all-time high and U.S. gold futures are poised to surpass the $2,600 mark. Experts note that although gold prices may undergo short-term adjustments, they have long-term growth potential. Notably, the ACE KRX Gold Spot ETF has advantages such as no rollover or currency hedging costs, and it is free from derivative investment restrictions under domestic pension management regulations, making it suitable for long-term investment. Research by the World Gold Council indicates that central banks are also set to increase their gold holdings, highlighting gold as a reliable investment asset amid global uncertainties.
As the U.S. Federal Reserve prepares to lower interest rates, the attractiveness of preferred stock ETFs is increasing. Economic uncertainty has driven money market funds (MMFs) to a record $6.3 trillion, and high dividends and stable returns are key attractions of preferred stock ETFs. The prominent preferred stock ETF, PFF, provides fixed dividends and has recently risen by 5.5%. Additionally, First Trust Preferred Securities & Income (FPE) and Invesco Variable Rate Preferred ETF (VRP), which offer variable rates, are also drawing investor attention.
Related ETF
Related News
Gold Prices Through the Roof...Is It Time to Buy Now? [Midas's Touch] - Korea Economic DailyGold prices through the roof...Is it time to buy now? Enhance portfolio stability with the safe asset gold. ACE KRX Gold Spot ETF, the only gold spot ETF in Korea.
Related ETF
Ahead of Interest Rate Cuts…Wall Street 'Focus on Preferred Stock ETFs' - Maeil Business NewspaperUncertainties in U.S. Economy Persist Including the Presidential Election, Sideline Capital Flocks with Nowhere to Go, MMF Hits Record $6.3 Trillion, High Dividends and Stable Returns Gain Appeal, Wall Street Says 'Investing in the Initial Phase of Rate Cuts is Advantageous'