iShares Gold CHF Hedged ETF (CH)

iShares Gold CHF Hedged ETF (CH) is an exchange-traded fund that provides targeted exposure to the gold spot price, with USD currency exposure hedged back to Swiss Francs (CHF). Launched on October 5, 2009, and domiciled in Switzerland, the fund invests directly in physical gold bullion and employs monthly currency forward contracts to mitigate exchange rate fluctuations between the USD gold price and CHF. Managed by BlackRock Asset Management Schweiz AG, it tracks the London Gold Price PM (AM) hedged into CHF benchmark through a physical replication methodology. With a total expense ratio of 0.22% and net assets exceeding 628 million CHF, this accumulating ETF offers single-commodity focus in the precious metals sector, appealing to investors seeking gold returns insulated from USD-CHF volatility. It concentrates investment risk in gold, influenced by global supply-demand dynamics, economic factors, and geopolitical events, while registered in Switzerland, Liechtenstein, and Singapore.