Overview
Description
WisdomTree Physical Gold is a UCITS-eligible Exchange Traded Commodity (ETC) that provides investors with direct exposure to the spot price of physical gold bullion, minus a management fee of 0.39% per annum. Structured as a collateralised debt security domiciled in Jersey, it is fully backed by allocated physical gold bars conforming to London Bullion Market Association (LBMA) Good Delivery standards, held in secure vaults in London by custodian HSBC Bank plc. Each bar is segregated, individually identified, and audited twice yearly for transparency, with daily published metal entitlement reflecting fee accrual. This ETC enables simple, cost-efficient access to gold without the burdens of storage, insurance, or delivery logistics, making it suitable for retail and institutional investors seeking portfolio diversification. Gold's role as a historical store of value and inflation hedge enhances its market significance, while features like exchange trading, liquidity from authorised participants, and no bullion lending ensure security and ease of use in global commodity strategies.
About
Instrument type
ETF
Country
Italy
MIC code
XMIL