Low-cost gold ETFs introduce new fiduciary challenge
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The arrival of funds offering cheaper access to gold means advisers must weigh liquidity against cost.
As threats of a global trade war and bond yields' move into negative territory spark renewed interest in gold as a portfolio ballast, financial advisers are faced with new choices among a growing list of gold-related exchange-traded funds that are competing on fees.
Contrary to the history of ETFs,
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