Gold is an important part of the investment market, and it is also a kind of investment that many investors are very concerned about. Gold can be used as a commodity and has the property of investment. In our asset allocation, gold is often used as a safe-haven product.

In the fund market, there are 29 funds with the word gold in their names. Among them, there are 23 ETFs that track Shanghai Gold and its connected funds, accounting for the majority, and the other is QDII funds that track London gold.

Let's take a look at the first ETF that tracks Shanghai Gold and its linked funds.

These ETFs track domestic gold prices by investing in gold spot contracts listed on the Shanghai Gold Exchange. The management fees and custody fees of these ETFs are the same. The management fee is the custody fee, which tracks the same object. Although the managers are different, the performance of each ETF is similar. The biggest difference is the management scale. Relatively speaking, the top three gold ETFs in terms of management scale are Huaan Gold, Bosera Gold and E Fund Gold.

There is also a category of QDII fund products such as tracking London gold trading.

These funds have the same characteristics as QDII, LOF and FOF, indicating that these funds can buy on and off the market while meeting the QDII characteristics. These funds invest in other funds, such as gold ETF, gold mining company stocks and other assets.

How to choose a gold fund?

Generally speaking, if you are a stockholder and have a stock account, you can buy ETF directly, because the transaction is convenient and the largest one is preferred. If you don't have a stock account, you can consider the corresponding linked fund, invest in Class A shares for a long time, and buy Class C shares for a short time.