LIMA – U.S. Global Investors, Inc., a seasoned investment advisory firm, has expanded its footprint in the Peruvian financial market with the listing of its gold mining and royalty exchange-traded fund (ETF), GOAU, on the Lima Stock Exchange. The launch was announced by CEO Frank Holmes on Wednesday, who underscored the strategic nature of the move, given Peru’s prominence as Latin America’s top gold producer and its mining sector’s substantial contribution to the country’s GDP.
The decision to list GOAU in Peru follows the firm’s successful introduction of the Jets ETF on the Lima exchange in December 2020. GOAU’s quantitative model is designed to select stocks based on financial stability and return on investment criteria, offering Peruvian investors specialized access to gold mining companies and royalty companies. The fund specifically aligns with significant players in…
