These instruments are called 'derivatives' because they derive from an underlying financial asset - in this case, share prices.
While it may appear the gold market sometimes reacts in a bearish fashion to any flare-up in the EU debt crisis on a day-to-day basis, by following other commodity markets lower, the overall EU debt and financial crisis is a major underlying bullish fundamental for the safe-haven asset gold.
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While it may appear the gold market sometimes reacts in a bearish fashion to any flare-up in the EU debt crisis on a day-to-day basis, by following other commodity markets lower, it can be argued the overall EU debt and financial crisis is a major underlying bullish fundamental for the safe-haven asset gold.
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Their shares are at near-record 19% average discounts to underlying net asset values.
The overall EU debt and financial crisis remains a major underlying bullish factor for gold, from a safe-haven investment asset perspective.
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The EU debt crisis is still a major underlying bullish factor for the gold market, due to its safe-haven asset status.
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Among the largest underlying components of RWX, in trading today Brookfield Asset Management ( Toronto: BAM-A) is down about 0.3%, RioCan Real Estate Investment Trust ( Toronto: REI-UN) is up about 0.2%, and Brookfield Office Properties Inc ( Toronto: BPO) is relatively unchanged.
The EU debt crisis remains a bullish underlying fundamental for the gold and silver markets, due to the safe-haven asset status that gold and silver hold.
These unitholders will receive the then-current net asset value of the units, based on the current market value of the underlying securities in the portfolio, less any remaining deferred sales charge, as of the evaluation time.
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