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Gold Investment - NewGold Gold Bullion Debentures (NewGold)

The JSE-listed instrument, NewGold, an GETF which is structured as a debenture, was launched in November 2004 to the delight of many investors in South Africa. It is not only the first and currently the only GETF listed on the JSE (Johannesburg Stock Exchange), but also the biggest Exchange-Traded Fund (ETF) surpassing even the mighty Satrix 40.

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Special Note               

"Gold is forever. It is beautiful, useful, and never wears out. Small wonder that gold has been prized over all else, in all ages, as a store of value that will survive the travails of life and the ravages of time" - James Blakely.