What are some types of Vanguard gold ETFs?


Quick Answer

Vanguard does not offer any gold exchange-traded funds; however, the company does offer the Vanguard Precious Metals and Mining Fund, explains the company’s website. The fund does not invest exclusively in gold but invests within the precious metals market.

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Full Answer

In 2012, there was speculation that Vanguard was about to release a gold exchange-traded fund to the market, according to ETF Daily News. However, Vanguard does not offer any fund dedicated exclusively to gold as of 2015. The Vanguard Precious Metals Fund invests in companies involved in the exploration and mining of precious metals, cites the company’s website. The fund also invests in companies that mine for rare precious metals and minerals.

The key investment risk related to the fund is the narrow investment scope, explains Vanguard. The fund does not produce steady yields, and returns vary broadly year over year. Vanguard states the fund should complement a diversified portfolio due to the overall risk. The minimum investment is $3,000, and the fund adviser is M&G Investment Management. Vanguard states that the risk level of the fund is a five on a scale of 1 to 5, with five being the highest risk. The fund trades in the precious metals category.

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