IAUM ETF Review: iShares Gold Trust Micro

IAUM ETF Review

iShares Gold Trust Micro (IAUM) generally seeks to reflect the performance of the price of gold. The iShares Gold Trust Micro is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. The Trust is not a commodity pool for purposes of the Commodity Exchange Act. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.

The lowest cost physical gold ETF currently on the market
Exposure to the day-to-day movement of the price of gold bullion
Use to diversify your portfolio and help protect against inflation

Is IUAM a Good Investment?

Quickly compare this ETF to similar funds by fees, performance, yield, and other metrics to decide which investment fits your portfolio.

Manager	ETF	Name	Inception	AUM	MER	Distributions
abrdn	SGOL	abrdn Physical Gold Shares ETF	2009-09-09	$3,771,950,000	0.17%	N/A
BlackRock	IAU	iShares Gold Trust	2005-01-21	$33,341,963,125	0.25%	N/A
BlackRock	IAUM	iShares Gold Trust Micro	2021-06-15	$1,384,398,695	0.09%	N/A
State Street	GLD	SPDR Gold Shares	2004-11-18	$74,571,640,000	0.40%	N/A
State Street	GLDM	SPDR Gold MiniShares	2018-06-25	$9,113,050,000	0.10%	N/A

Conclusion

There are risks involved with investing in ETFs, including possible loss of money. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. Growth stocks tend to be more sensitive to changes in their earnings and can be more volatile. Investments focused on a particular sector, such as healthcare, are subject to greater risk, and are more greatly impacted by market volatility than more diversified investments. A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets. Beta is a measure of risk representing how a security is expected to respond to general market movements.

Nic Tustin, BA Econ

I used my experience from Sunlife, BMO, TD, Edward Jones and Canada Life to create apps to help investors pay fewer fees and income tax. I have a degree in Economics from the University of Waterloo, and financial industry designations such as the Canadian Securities Course (CSC), Conduct & Practices Handbook (CPH), Wealth Management Essentials (WME)and LLQP. I primarily focus on tactical asset allocation by actively balancing portfolios to reduce market risk. I’ve built my business on a foundation of integrity, due diligence, and innovation. I have the essential resources and financial expertise to implement these sophisticated strategies and help you understand how the variables, such as length of investment, liquidity of the investment, inflation rate, income taxes, market fluctuations, and interest rate risks can impact the results you want to achieve long term.