When it comes to investment options, a gold settlement fund can be a prudent choice. However, if you're looking to explore different terms to describe this type of investment, there are quite a few options. For instance, you could refer to it as a precious metal settlement fund, a gold-backed fund or a bullion settlement fund. Similarly, terms like metals exchange-traded fund (ETF) or gold investment fund can be used interchangeably to describe this type of investment vehicle. No matter what you call it, a gold settlement fund offers a way to gain exposure to the value of gold without having to own physical gold.