Stock Under $10 with 50-100% upside potential - 14 Days FREE!

ETF Securities Passes $4 Billion In US Assets Under Management

Stock quotes in this article: AGOL, GLTR, PALL, PPLT, SGOL, SIVR, WITE 

ETF Securities USA LLC (ETFS) announced today that the total assets under management of its 7 US listed products; ETFS Physical Swiss Gold Shares (SGOL), ETFS Physical Silver Shares (SIVR), ETFS Physical Platinum Shares (PPLT), ETFS Physical Palladium Shares (PALL), ETFS Physical Precious Metals Basket Shares (GLTR), ETFS Physical White Metal Basket Shares (WITE) and ETFS Asian Gold Shares (AGOL) exceeded $4 Billion on March 9th, 2011.

Commenting on this milestone for ETF Securities in the US, William Rhind, Head of Sales & Marketing for ETFS Marketing LLC, commented:

"To reach $4 billion in assets under management in such a short timeframe is fantastic for our US business. The current economic events and inflationary concerns in the global economy have propelled Gold and Silver prices to new highs. The spot price of Gold as measured by the London Bullion Market Association hit an all time high of $1437.5oz on March 7 th, and Silver, a new 31-year high of $36.60oz on the same day. We’ve seen good levels of interest from investors for our diversified metals baskets; GLTR and WITE and demand for gold vaulted in Switzerland (SGOL) and Asia (AGOL)."

For more information please contact the US marketing agent, ETFS Marketing on 212-918-4954 or visit our website: www.etfsecurities.com

ETF Securities is the first US ETF Sponsor to provide investors with access to a full suite of precious metal ETPs. Investors can now trade physically backed Gold, Silver, Platinum, Palladium, Precious Metals Basket and White Metals Basket ETPs from the same provider.

The six precious metal ETPs have the following key features:

  • Track spot price of underlying metal less associated management fees (1)
  • Physically backed by underlying bullion – minimal counterparty risk
  • Bullion holdings audited by specialist audit firm biannually – audit reports published on the website www.etfsecurities.com
  • Options (2) are trading on ETFS Physical Swiss Gold Shares (SGOL) and ETFS Physical Silver Shares (SIVR).

The ETFS Asian Gold Trust, ETFS White Metals Basket Trust, The ETFS Precious Metals Basket Trust, The ETFS Gold Trust, ETFS Silver Trust, ETFS Palladium Trust and ETFS Platinum Trust are not investment companies registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trusts are not subject to the same regulatory requirements as mutual funds. These investments are not suitable for all investors. Please read the prospectus carefully before investing.

(1) The Sponsor expects that, for many investors, costs associated with buying and selling the Shares in the secondary market and the payment of the Trusts ongoing expenses will be lower than the costs associated with buying, selling, storing and insuring bullion in a traditional allocated bullion account. Ordinary brokerage fees do apply.

(2) Options are not suitable for all investors, please contact your financial adviser before investing.

William Rhind is a registered representative of ALPS Distributors Inc.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,375.99 21.59 0.14%
NASDAQ 3,504.03 5.06 0.14%
S&P 500 1,671.21 3.74 0.22%
US 10 Yr 1.965% +0.016

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs