ETFS Physical Swiss Gold
The following funds are available for trading on our investment platform. Please click on relevant fund for detailed information.
Investment details correct as at 31 May 2019. Performance data as at 14 June 2019.
|ETF name||ETFS Physical Swiss Gold|
|Investment objectives||ETFS Physical Swiss Gold (SGBS) is designed to offer security holders a simple, cost-efficient and secure way to access the gold by providing a return equivalent to the movements in the gold spot price less the applicable management fee.
SGBS is backed by physical allocated gold stored in secure vaults in Zurich, Switzerland on behalf of the custodian. JPMorgan Bank, N.A. Only metal that conforms with the London Bullion Market Association's (LBMA) rules for Good Delivery can be accepted by the custodian. Each physical bar is segregated, individually identified and allocated.
|Launch (Listing) date||16 December 2009|
|Fund size||$1842.80m as of 13/06/2019|
|Issuer||ETFS Metal Securities Limited|
|Legal form||Debt security|
|Underlying exposure||Physically backed with allocated metal subject to LBMA rules for Good Delivery|
|Vault location||Zurich, Switzerland|
|Vault inspector||Inspectorate International (Vault inspected 2x per annum)|
|Custodian||JPMorgan Chase Bank, N.A.|
|Trustee||The Law Debenture Trust Corporation p.l.c.|
|Currency hedged||No – this product is not protected against adverse currency movements|
|Short / leveraged||No|
Risks and ratings
|Risk & reward profile||
Potentially higher risk/reward >
|Sharia compliance approved||Yes|
Mufti Muhammad Zubair Butt
Mufti Muhammad Ibn Adam al Kawthari
|Ongoing charge (TER/OCF)||0.39% p.a.|
|Top holdings||% of fund|