WisdomTree Gold - EUR Daily Hedged

WisdomTree Gold - EUR Daily Hedged is an exchange-traded commodity (ETC) that provides investors with exposure to the price of gold futures contracts, while incorporating a daily currency hedge against EUR/USD exchange rate movements to minimize euro currency risk. Launched on 15 March 2012 and domiciled in Jersey, this accumulating ETC employs synthetic replication through swaps to track its underlying index, distinguishing it as the sole product following the Gold Future (EUR Hedged) benchmark. With a total expense ratio of 0.49% per annum and approximately 28 million euros in assets under management, it offers a cost-effective vehicle for gold price participation tailored to euro-denominated portfolios. The daily hedging mechanism resets currency exposure, reducing volatility from forex fluctuations and enabling more precise alignment with gold's performance in EUR terms. As a long-only commodity strategy, it plays a key role in diversification, serving as a hedge against inflation, geopolitical uncertainties, and equity market downturns within European investment frameworks.