U.S. Global Investors Launches Gold Royalty GOAU ETF on Mexican Stock Exchange, Expanding Global Footprint in Latin America

San Antonio, TX, Nov. 01, 2023 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU), is now listed on the Mexican Stock Exchange (BMV). The new listing expands GOAU’s global footprint and allows investors in Mexico to access the fund.

GOAU will join the U.S. Global Jets ETF (NYSE: JETS), which listed on the Mexican Stock Exchange in 2021.

The BMV is the second largest stock exchange in Latin America, after Brazil, with a total market capitalization of over $530 billion.

“We are very proud of GOAU and its performance,” says Frank Holmes, CEO and chief investment officer of U.S. Global Investors. “It’s exciting that we can now offer investors in Mexico a chance to add GOAU to their portfolios, particularly during tough geopolitical times, when gold and gold stocks are often looked to as a safe-haven investment.”

GOAU uses a rules-based, smart-factor model that has a distinctive quant approach to picking gold stocks. The fund provides investors access to companies engaged in the production of precious metals, whether through active (mining or production) or passive (owning royalties or production streams) means.

“We’ve witnessed the strength behind the gold royalty model, particularly in the three largest royalty positions in GOAU: Wheaton Precious Metals, Franco-Nevada and Royal Gold,” Mr. Holmes says. “All three of these companies, as of June 30, have royalty streams in Latin American countries as well. Wheaton Precious Metals, for example, has mines in Mexico, Brazil and Peru, while Franco-Nevada has mines throughout South and Central America as well as in Mexico. Lastly, Royal Gold has projects in Mexico and Brazil.”

To learn more about the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), click here.

About U.S. Global Investors, Inc.

The story of U.S. Global Investors goes back more than 50 years when it began as an investment club. Today, U.S. Global Investors, Inc. (www.usfunds.com) is a registered investment adviser that focuses on niche markets around the world. Headquartered in San Antonio, Texas, the Company provides investment advisory services to U.S. Global Investors Funds and U.S. Global ETFs.