The Traderszone Network

Published in TZ Latest News 16 October, 2014 by The TZ Newswire Staff

New BlackRock ETF To Simplify Taxes For Investors

Are investors growing leery of the equities market? In a possible sign of skittishness, the $30.2 billion SPDR Gold Shares (GLD) fund rose 1.3% in the past week as the $169 billion SPDR S&P 500 (SPY) lost 5% in a broad stock sell-off. Now investors seeking to diversify portfolios with commodities have a new choice: an ETF described as the first to provide long-only, broad exposure to the asset class in a 1940 Act structure.

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