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IAUP

LSE
23.875 USD
0.445
1.90%
Last update Jul 16, 4:29 PM BST
Main market
Day range
23.37000
23.95500
Previous close
23.43000
Open
23.66500
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iShares Gold Producers Mutual Fund
23.88
0.45
1.90%

Overview

Description

The iShares Gold Producers Mutual Fund is a mutual fund designed to provide investors with exposure to the gold industry by primarily investing in companies involved in the production and mining of gold. This fund aims to track the performance of the gold producers' sector, offering diversification across a range of companies within the mining industry. Notable features of this fund include its focus on established gold producers, which may include both large multinational corporations and smaller, emerging entities that engage in gold extraction and processing. The fund's holdings are diversified globally, as the market for gold is international, impacting sectors such as mining, precious metals, and commodities trading. By targeting companies that play a central role in gold production, the fund provides investors an opportunity to participate indirectly in the gold market, while also reflecting broader trends in the mining sector. The iShares Gold Producers Mutual Fund plays a significant role in the financial market by allowing investors to hedge against inflation and currency fluctuations through its allocation in gold-related equities.

About

Address
Phone
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
Main market

Exchange is currently active.
Closing in 5 hours 2 minutes

11:27
00:00
08:00
16:30
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).