GLD.NZ

The Smart Gold ETF (GLD.NZ), listed on the New Zealand Exchange, does not pay dividends. This is typical for commodity-based ETFs, which primarily focus on tracking the price of the underlying asset—in this case, gold—rather than generating income through dividends. Investors in the Smart Gold ETF are typically more interested in the potential for capital appreciation as gold prices fluctuate, rather than receiving regular income. Gold is often viewed as a safe-haven asset, providing a hedge against inflation and currency fluctuations. Therefore, this ETF may appeal to long-term investors seeking to diversify their portfolio and protect against economic uncertainty. While it doesn't offer dividends, the Smart Gold ETF can still be a valuable component for those focused on wealth preservation and growth, particularly during volatile market conditions. Investors should consider their individual financial goals and risk tolerance when evaluating this ETF as part of their investment strategy.