Iran Gold ETF

EghtesadOnline: The underwriting of the Iranian capital market’s first exchange-traded fund on Iran Mercantile Exchange ended last week with the attraction of 157.9 billion rials ($4.15 million) in funding.

EghtesadOnline: Investors warmly greeted the underwriting of the Iranian capital market’s first exchange-traded commodity on Iran Mercantile Exchange, as 80% of the units offered by Lotus Gold Fund were sold on Saturday.

EghtesadOnline: Iran’s capital market witnessed the underwriting of its first investment fund with Bahar Azadi Gold Coin as its underlying asset on Saturday. Offered by Lotus Investment Fund, Lotus Gold Fund’s underwriting is set to continue on to Wednesday under the ‘TALA’ symbol on Iran Mercantile Exchange.