{"id":63435,"date":"2025-03-12T23:51:32","date_gmt":"2025-03-12T15:51:32","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=63435"},"modified":"2025-03-12T23:51:32","modified_gmt":"2025-03-12T15:51:32","slug":"13-march-2025-investment-product-ideas","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/13-march-2025-investment-product-ideas\/","title":{"rendered":"13 March 2025: Investment Product Ideas"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"580\" height=\"71\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-1.png\" alt=\"\" class=\"wp-image-63439\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-1.png 580w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-1-300x37.png 300w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:22px\"><strong>SPDR Gold MiniShares Trust (GLDM US)<\/strong>\n<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Second Largest After GLD & IAU, Strong Liquidity. GLDM ranks as the third largest gold trust ETF, offering relatively strong liquidity among gold investment options.<br>  <\/li>\n\n\n\n<li>Invests in Physical Gold. This ETF tracks the LBMA Gold Price PM and differs from gold mining stock ETFs, which are exposed to both gold price fluctuations and corporate operational risks. As a result, GLDM is less volatile than gold mining stock ETFs Gold trust ETFs are commonly used as hedging tools against inflation and market volatility, making them suitable for investors seeking stability amid economic uncertainty.<br>  <\/li>\n\n\n\n<li>Lower Expense Ratio. With a 0.1% expense ratio, GLDM is among the lowest cost ETFs in its category, offering a cost-effective investment option.<br>  <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><p><strong>Fund Name (Ticker)<\/strong>\n<\/p><\/td><td><p>\n  SPDR Gold MiniShares Trust (GLDM US)\n<\/p><\/td><\/tr><tr><td><p><strong>Description<\/strong>\n<\/p><\/td><td><p>\n  SPDR Gold MiniShares Trust is an ETP incorporated in the USA. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust\u2019s expenses. The Trust holds gold and is expected from time to time to issue Baskets in exchange for deposits of gold and to distribute gold in connection with redemptions of Baskets.\n<\/p><\/td><\/tr><tr><td><p><strong>Asset Class<\/strong>\n<\/p><\/td><td><p>\n  Commodity\n<\/p><\/td><\/tr><tr><td><p><strong>30-Day Average Volume (as of 11 Mar)<\/strong>\n<\/p><\/td><td><p>\n  3,235,001\n<\/p><\/td><\/tr><tr><td><p><strong>Net Assets of Fund (as 11 Mar)<\/strong>\n<\/p><\/td><td><p>\n  $11,432,331,826\n<\/p><\/td><\/tr><tr><td><p><strong>12-Month Yield <\/strong>\n<\/p><\/td><td><p>\n  N.A.\n<\/p><\/td><\/tr><tr><td><p><strong>P\/E Ratio <\/strong>\n<\/p><\/td><td><p>\n  N.A.\n<\/p><\/td><\/tr><tr><td><p><strong>P\/B Ratio <\/strong>\n<\/p><\/td><td><p>\n  N.A.\n<\/p><\/td><\/tr><tr><td><p><strong>Expense Ratio (Annual)<\/strong>\n<\/p><\/td><td><p>\n  0.10%\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Top Holdings<\/strong>\n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"550\" height=\"114\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-blue-and-white-sign-with-white-text-ai-generate.png\" alt=\"A blue and white sign with white text\n\nAI-generated content may be incorrect.\" class=\"wp-image-63440\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-blue-and-white-sign-with-white-text-ai-generate.png 550w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-blue-and-white-sign-with-white-text-ai-generate-300x62.png 300w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\n  (as of 11 March 2025)\n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"691\" height=\"61\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-3.png\" alt=\"\" class=\"wp-image-63441\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-3.png 691w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-3-300x26.png 300w\" sizes=\"(max-width: 691px) 100vw, 691px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1136\" height=\"575\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-4.jpeg\" alt=\"\" class=\"wp-image-63442\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-4.jpeg 1136w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-4-300x152.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-4-1024x518.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-4-768x389.jpeg 768w\" sizes=\"(max-width: 1136px) 100vw, 1136px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\n   (Source: Bloomberg)\n<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" class=\"wp-image-63443\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-5.png\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-5.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-5-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:22px\"><a id=\"post-63435-_ngsvsewkuh1b\"><\/a><strong>VanEck Gold Miners ETF (GDX US)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Invests in Global Large Cap Gold Miners. This ETF primarily holds stocks of mid to large-cap gold mining companies engaged in exploration, extraction, and production.<br>  <\/li>\n\n\n\n<li>High Return Potential. Gold miners\u2019 profitability depends on prevailing gold prices, making their stocks highly correlated with spot gold However, mining companies also face operational and extraction costs, leading to occasional divergences between stock prices and gold prices This ETF carries higher volatility, making it appealing for investors seeking greater return potential.<br>  <\/li>\n\n\n\n<li>High Liquidity. As one of the largest gold mining stock ETFs, it offers strong market liquidity.<br>  <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><p><strong>Fund Name (Ticker)<\/strong>\n<\/p><\/td><td><p>\n  VanEck Gold Miners ETF (GDX US)\n<\/p><\/td><\/tr><tr><td><p><strong>Description<\/strong>\n<\/p><\/td><td><p>\n  VanEck Gold Miners ETF is an exchange traded fund incorporated in the USA. The ETF tracks the performance of the NYSE Arca Gold Miners Index. The ETF invests in materials stocks of all cap sizes across the globe. Its largest allocation is in North American companies, principally those domiciled in Canada.\n<\/p><\/td><\/tr><tr><td><p><strong>Asset Class<\/strong>\n<\/p><\/td><td><p>\n  Commodity\n<\/p><\/td><\/tr><tr><td><p><strong>30-Day Average Volume (as of 11 Mar)<\/strong>\n<\/p><\/td><td><p>\n  18,737,494\n<\/p><\/td><\/tr><tr><td><p><strong>Net Assets of Fund (as of 10 Mar)<\/strong>\n<\/p><\/td><td><p>\n  $13,761,709,000\n<\/p><\/td><\/tr><tr><td><p><strong>12-Month Yield (as of 11 Mar)<\/strong>\n<\/p><\/td><td><p>\n  0.962%\n<\/p><\/td><\/tr><tr><td><p><strong>P\/E Ratio (as of 11 Mar)<\/strong>\n<\/p><\/td><td><p>\n  22.87x\n<\/p><\/td><\/tr><tr><td><p><strong>P\/B Ratio (as of 11 Mar)<\/strong>\n<\/p><\/td><td><p>\n  2.05x\n<\/p><\/td><\/tr><tr><td><p><strong>Expense Ratio (Annual)<\/strong>\n<\/p><\/td><td><p>\n  0.51%\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Top 10 Holdings<\/strong>\n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1076\" height=\"520\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-screenshot-of-a-computer-ai-generated-content-m-9.png\" alt=\"A screenshot of a computer\n\nAI-generated content may be incorrect.\" class=\"wp-image-63444\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-screenshot-of-a-computer-ai-generated-content-m-9.png 1076w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-screenshot-of-a-computer-ai-generated-content-m-9-300x145.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-screenshot-of-a-computer-ai-generated-content-m-9-1024x495.png 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/a-screenshot-of-a-computer-ai-generated-content-m-9-768x371.png 768w\" sizes=\"(max-width: 1076px) 100vw, 1076px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\n  (as of 10 March 2025) \n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"691\" height=\"61\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-7.png\" alt=\"\" class=\"wp-image-63445\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-7.png 691w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-7-300x26.png 300w\" sizes=\"(max-width: 691px) 100vw, 691px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1136\" height=\"575\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-8.jpeg\" alt=\"\" class=\"wp-image-63446\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-8.jpeg 1136w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-8-300x152.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-8-1024x518.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/03\/word-image-63435-8-768x389.jpeg 768w\" sizes=\"(max-width: 1136px) 100vw, 1136px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\n  (Source: Bloomberg)\n<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-uagb-image alignleft uagb-block-971ecb1b wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-left\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/www.kgieworld.sg\/research\/KGISGWA\" target=\"\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png ,https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png 780w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2025\/01\/Get-more-from-KGI-on-WhatsApp.png\" alt=\"\" class=\"uag-image-59753\" width=\"637\" height=\"174\" title=\"Get more from KGI on WhatsApp.\" loading=\"lazy\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><a id=\"post-56747-_fginbsn8cd1z\"><\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/t.me\/kgisg\"><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png\" alt=\"\" class=\"wp-image-15031\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/05\/word-image-69-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/a><\/figure>\n\n\n","protected":false},"excerpt":{"rendered":"<p>SPDR Gold MiniShares Trust (GLDM US) Fund Name (Ticker) SPDR Gold MiniShares Trust (GLDM US) Description SPDR Gold MiniShares Trust is an ETP incorporated in the USA. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust\u2019s expenses. The Trust holds gold [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":22945,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[34],"tags":[],"class_list":["post-63435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-product-ideas"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"thumbnail":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154-150x150.jpg?wsr",150,150,true],"medium":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"medium_large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"1536x1536":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"2048x2048":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false]},"uagb_author_info":{"display_name":"Jiong Han Lee","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/jionghan-leekgi-com\/"},"uagb_comment_info":0,"uagb_excerpt":"SPDR Gold MiniShares Trust (GLDM US) Fund Name (Ticker) SPDR Gold MiniShares Trust (GLDM US) Description SPDR Gold MiniShares Trust is an ETP incorporated in the USA. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust\u2019s expenses. The Trust holds gold&hellip;","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/63435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=63435"}],"version-history":[{"count":1,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/63435\/revisions"}],"predecessor-version":[{"id":63447,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/63435\/revisions\/63447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media\/22945"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=63435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=63435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=63435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}