To The Moon

Gold is regarded as a safe haven in times of volatility, high inflation and war. Recently Gold has been on an upward trend. It was trading at USD1926 per oz as at 4 April 2022. If you have limited funds but would still like to have Gold as a hedge against inflation, $BetaShares Glb Gold Miners ETF(MNRS.AU)$ would be a good option. MNRS aims to track the performance of an index that comprises of the largest global gold mining companies (ex Australia) hedged into Australian dollars. The last trading price of this ETF was AUD 6.66. Top 10 Holdings include Agnico Eagle Mines, Newmont Corp, Franco-Nevada Corp, Wheaton Precious Metals, Barrick Gold, Gold Fields, Zijin Mining Group, Anglo Gold Ashanti, Royal Gold Inc and Kinross Gold Corp. Sector Allocation Gold at 81%, Precious Metals & Minerals at 11%, Silver at 6% and Diversified Metals & Mining at 3% Country Allocation Canada at 43%, South Africa at 15%, USA at 14%,Brazil at 8%, China at 4%, Tanzania at 3%, South Korea at 2%, Burkina Faso at 2%, Kyrgyzstan at 0.8% and Other at 7%. Performance 1 month at 11.75%, 1 year at 10.73%. 3 years at 21% Management Costs 0.57% Dividend Yield 3.6% paid half yearly $BetaShares Glb Gold Miners ETF(MNRS.AU)$ is therefore a great option to consider if you want a small diversification into gold as a safe haven. @TigerStars