Wilshire Phoenix Releases Innovative Gold ETF, WGLD
On Thursday, Wilshire Phoenix, a leader of innovation in the financial services industry, announced the Wilshire wShares Enhanced Gold Trust (NYSE Arca: WGLD). WGLD tracks the Wilshire Gold Index, which seeks to outperform a stand-alone investment in gold and reduce its volatility without the use of any futures, leverage, or derivatives. The launch of WGLD marks significant innovation for commodities-based ETFs and the overall fund space.
Source: https://etfdb.com/news/2021/02/18/wilshire-phoenix-releases-innovative-gold-etf-wgld/
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