Gold Bullion ETF (VALT-T)

Can act as a diversifier, moving differently from stocks and bonds in your portfolio. A simple product. Global markets are worried about the trade war, and gold is behaving exactly as it should in that situation. Currency hedged, so it outperformed recently when the USD fell suddenly but the CAD jumped by 5%. One of the cheaper gold bullion ETFs, with a MER ~17-20 bps.

Wait a bit before jumping in. Use a small position, and keep rebalancing.

It holds physical gold, her weight to be exposed to gold. Gold prices made a record high last week. Profit-taking now is wise. Will be short-term volatility given the US vote. She would add to this if the gold price pulls back. Many view gold as a hedge against fiscal policy--a debt hedge, rather than an inflation hedge. Upside to come.

With mining companies, so much can go wrong. If looking to hedge against inflation or geopolitical events, look at gold bullion instead. VALT is hedged, VALT.U is the USD version.

Expecting strength in gold prices going forward. Very safe asset for defensive investors. Would recommend in portfolio approach. If interest rates fall, will be good for gold prices (less interest in bonds). Uncertainty in US economy unstable, which is good for gold prices. Weaker US Dollar will also benefit gold prices.