iShares Gold Bullion ETF Review (CGL) 2024
Last Updated: 3/7/2024
CGL trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares Gold Bullion (CGL) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
Wealth Awesome Rating: 70/100
This commodity ETF has an MER of 0.55%. With higher than average fees, it’s a premium option. Managing 425 million in assets, it’s less popular among investors. Suitable for those preferring stability with a low to medium risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
CGL trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares Gold Bullion (CGL) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the iShares Gold Bullion ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.55%. This ETF trades on the TSX exchange.CGL stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $425MM
Expense Ratio: 0.55%
Price: $76.00 (Updated: 3/7/2024)
iShares Gold Bullion (CGL) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | – |
| Big | – |
| Medium | – |
| Small | – |
| Micro | – |
iShares Gold Bullion (CGL) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 85.483 |
| Consumer Cyclicals | 0 | 0 |
| Financial Services | 0 | 0 |
| Real Estate | 0 | 0 |
| Communication Services | 0 | 0 |
| Energy | 0 | 0 |
| Industrials | 0 | 0 |
| Technology | 0 | 14.517 |
| Consumer Defensive | 0 | 0 |
| Healthcare | 0 | 0 |
| Utilities | 0 | 0 |
iShares Gold Bullion (CGL) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 0 | 53.866 |
| United Kingdom | 0 | 0 |
| Europe Developed | 0 | 0 |
| Europe Emerging | 0 | 0.343 |
| Africa/Middle East | 0 | 0 |
| Japan | 0 | 0 |
| Australasia | 0 | 32.902 |
| Asia Developed | 0 | 0 |
| Asia Emerging | 0 | 12.889 |
| Latin America | 0 | 0 |
CGL Management Expense Ratio
CGL has a management expense ratio of 0.55% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy iShares Gold Bullion TSX ETF
You can buy CGL on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |