Overview
Description
UBS ETF Gold Hedged CHF is an exchange-traded fund that enables investors to gain exposure to the price movements of gold with a currency hedge to the Swiss Franc (CHF). This ETF is primarily focused on tracking the performance of gold, offering a way for investors to include precious metals in their portfolios with reduced currency risk attributable to foreign exchange rate fluctuations. Structured as an ETF, it provides the benefits of tradability on stock exchanges with the liquidity and risk management features typical of traditional investing in gold.
By employing a hedging strategy against the CHF, this ETF caters to investors who anticipate volatility in currency markets and seek more stable returns relative to their currency's performance. This asset holds significant importance for diversified portfolios, especially for Swiss investors wishing to hedge against inflation or global economic uncertainties. Managed by UBS, a reputable financial services group, the ETF reflects both the trust and reliability associated with seasoned financial market participations, and it highlights the growing demand for more sophisticated investment solutions catering to individual currency needs.
About
Instrument type
ETF
Country
Germany
MIC code
XBER