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Wilshire Phoenix Launches Innovative Gold ETF, WGLD

On Thursday, Wilshire Phoenix, a leader of innovation in the financial services industry, announced the  Wilshire wShares Enhanced Gold Trust (NYSE Arca: WGLD). WGLD tracks the Wilshire Gold Index, which seeks to outperform a stand-alone investment in gold and reduce its volatility without the use of any futures, leverage, or derivatives. The launch of WGLD marks significant innovation for commodities-based ETFs and the overall fund space. “The industry constantly touts innovation but often disappoints by failing to deliver any meaningful new products for investors. In contrast, WGLD offers all investors immediate access to an entirely distinct strategy and structure transparently and efficiently,” said Bill Herrmann, managing partner at Wilshire Phoenix.

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