Gold ETF is listed on the stock exchange, and investors can trade gold ETF as easily as buying and selling stocks. Low transaction cost is a major advantage of gold ETF. Investors don't have to pay gold custody fees, custody fees, insurance fees and other fees when buying gold ETFs, but only pay the usual management fee of about 0.3% to 0.4%, which is very prominent compared with the average handling fee of 2% to 3% in other gold investment channels.
Due to the high price of gold, gold ETF generally takes 1g as a fund unit, and the net asset value of each fund unit is the spot gold price 1g minus the accrued management fee. Its transaction price or secondary market price in the securities market is based on the net asset price per share.