Overview
Description
WisdomTree Physical Gold - EUR Daily Hedged is an exchange-traded product designed to provide investors with a means of gaining exposure to the gold market, while also neutralizing currency risk fluctuations against the euro. This product holds allocated gold bullion in a secure vault, ensuring that each unit of the product represents a proportional share of real physical gold, safeguarded and fully insured. One of its main features is the daily currency hedging mechanism, which protects investors against variations in the EUR/USD exchange rate, smoothing out potential currency losses for euro-based investors when the dollar fluctuates.
The product is particularly appealing to those looking to diversify their investment portfolios with a tangible asset like gold, renowned for its historical role as a hedge against inflation and market volatility. WisdomTree Physical Gold - EUR Daily Hedged plays a significant role in precious metals investment strategies, allowing both institutional and retail investors access to physical gold’s intrinsic qualities while mitigating currency exposure, thus delivering more predictable returns relative to the Euro currency base.
About
Address
—
Phone
—
Website
—
Instrument type
ETF
Country
Italy
MIC code
XMIL