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FGLD (Franklin Responsibly Sourced Gold ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The appeal of exchange-traded funds (ETFs) is clear: increase the diversification of your portfolio by targeting a large basket of equities with a single ticker to trade, and leave oversight of that basket to professional fund managers. It's no wonder that ETFs have ballooned in popularity, now comprising more than 10,000 funds managing over $11 trillion in assets.
Not all that glitters is gold, but reader interest is high for ETFs that invest in the precious metal. Since the start of the year, gold ETFs have been one of the top ten research themes on the VettaFi platform.
Looking to increase your exposure to gold? The precious metal has had an up and down time of it in the market over the last two years as the Fed has raised rates to fight inflation and drain liquidity.
The yellow metal's price hasn't fluctuated much, and investors don't seem to mind.
There's ongoing debate about whether or not the U.S. economy is officially in a recession, but there is more agreement regarding the notion that the world's largest economy could be nearing a period of slower growth.
Gold investors are understandably frustrated. After all, inflation is high, but the yellow metal — historically a prime inflation-fighting asset — isn't generating impressive returns.
Owing to the soaring dollar, which is the byproduct of rising interest rates, gold isn't the perfect asset class this year.
The company will retire and rebrand 13 of its funds' names.
SEC filings for FGLD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.