Hi Andrew - While the "GOLD" ETF still does not have any pricing on Strawman.com, "PMGOLD" (Perth Mint Gold ETF) isn't even recognised here as a legitimate ASX ticker code.
Any ideas? It would appear that at this point, QAU is the ONLY option within Strawman.com to get gold exposure via an ETF, and it's currency hedged. I you do NOT want currency hedged gold exposure, there are currently zero options (for unhedged gold exposure through an ETF). Does that sound right?
I just had the strangest feeling of inversion reading this. I'm a committed low-cost index fund investor and would have thought I'd be quite happy with this idea. However, it's like I am seeing this from the perspective of an active fund manger for the first time.
Do you think this could skew the utility of scorecards? Could a person place a big portion of their funds in a ETF (say VAS) and mirror the ASX 300 benchmark and, with one or two good picks, give the impression of achieving out-sized alpha? I think this is the "closet indexing " argument.
Also, if ASX 300 is our benchmark, is it fair to allow overseas markets (via NDQ for example) into that race?
Hi all -- just a quick note to say we've enabled ETFs on Strawman.
You can now buy and sell any ASX-listed ETF for your virtual portfolio, as well as post Straws and Valuations for it.
Anything that is listed here: https://www2.asx.com.au/markets/trade-our-cash-market/asx-investment-products-directory/etps is available.
Let us know if you spot anything, and keen to see which ETFs are the ost popular among our members!