7 Newly Rated ETFs Offer Slim Pickings

The Street reported ratings on seven new ETFs including GLTR, a precious metals basket fund that tracks gold, silver, platinum and palladium.

As quoted in the market news:

The ETFS Physical Precious Metals Basket Shares seeks to reflect the performance of the price of physical gold, silver, platinum and palladium bullion in the proportions held by the Trust, less the expenses of the Trust’s operations. Currently, each 50,000 share unit is worth a basket of 1491 oz of gold, 54,655 oz of silver, 199 oz of platinum, and 298 oz of palladium. The fund’s ticker symbol is appropriately pronounced as glitter.

Click here to read the full Street report.