Consider the following statements about a gold exchange-traded fund (Gold ETF): 1. It is a passive investment fund that aims to track the price of physical gold. 2. Each unit of gold ETF represents one gram of gold as the fund invests in physical gold and investors get the units in dematerialised form. 3. While selling a gold ETF unit, an investor will get physical gold and not the cash equivalent. Which of the above statements is/are correct? - Study24x7
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UPSC & State PSC
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Consider the following statements about a gold exchange-traded fund (Gold ETF): 1. It is a passive investment fund that aims to track the price of physical gold. 2. Each unit of gold ETF represents one gram of gold as the fund invests in physical gold and investors get the un...

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A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2 and 3

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