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XGDU

LSE
51.98000 USD
0.52
1.01%
Last update Aug 22, 4:24 PM BST
Market closed
Day range
51.17500
51.99000
Previous close
51.46000
Open
51.26000
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Xtrackers IE Physical Gold ETC Securities
51.98
0.52
1.01%

Overview

Description

Xtrackers IE Physical Gold ETC Securities is an exchange-traded commodity designed to provide investors with exposure to the spot price performance of gold. This product is backed by allocated physical gold, with each security entitling its holder to a specific amount of metal stored in secure, segregated accounts managed by the issuer. With a physical replication structure, it minimizes counterparty risk and closely tracks gold's market value after accounting for a low total expense ratio of 0.11% per annum. The ETC follows a long-only strategy and employs an accumulating distribution policy, meaning that returns are reinvested rather than paid out. Launched in April 2020 and domiciled in Ireland, it has established a significant presence in the precious metals segment, managing assets in the billions of euros. Xtrackers IE Physical Gold ETC Securities offers a transparent, liquid, and cost-effective way for institutional and individual market participants to access gold as a commodity, serving as a strategic tool for portfolio diversification and inflation protection within the broader financial ecosystem.

About

Address
Phone
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 22 hours 14 minutes

09:00
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).