Overview
Description
ZKB Gold ETF A-A USD is an exchange-traded fund designed to track the price of gold, offering investors a convenient and liquid means of gaining exposure to the physical commodity. The primary function of this ETF is to provide investors with a way to invest in gold without having to directly purchase and store the physical metal. By tracking the performance of gold, the ETF allows for diversified asset allocation in portfolios, serving both as a hedge against inflation and as a store of value.
The ETF is backed by physical gold, ensuring that its price closely mirrors that of the spot gold market. It plays a significant role in sectors where gold is viewed as a safe-haven asset, especially in times of economic instability. As a prominent player in the precious metals market, ZKB Gold ETF A-A USD is instrumental for individual and institutional investors alike, facilitating efficient and cost-effective access to gold markets globally. As such, it serves as an integral part of strategies that aim to mitigate risk and preserve capital.
About
Instrument type
ETF
Country
Switzerland
MIC code
XSWX