Due to heightened geopolitical instability and ongoing inflation concerns, investor interest in Gold is peaking. Instead of holding physical bullion, many investors are turning to Exchange Traded Funds (ETFs) for easy access to Gold-related assets. The BMO Gold Bullion Series Units ETF (ZGD) , managed by the Bank of Montreal (BMO), has become a trending search term among international investors. However, BMO offers several Gold-related ETFs , and ZGD operates on a different principle than the physical gold tracking mechanism many investors assume. This article provides a problem-solving content structure to clearly analyze ZGD’s exact portfolio composition, core characteristics, and frequently misunderstood aspects, offering practical assistance for your investment decisions. 1. BMO ZGD ETF is Not a Physical Gold Investment; It Invests in Gold Mining Companies Many investors mistakenly believe that the BMO Gold Bullion Series Units ETF (ZGD) directly tracks the price of phy...