Overview
Description
The BGF World Gold Fund A2 EUR is a mutual fund specifically designed to allow investors to gain exposure to the gold industry and related mining sectors. The fund's primary purpose is to invest in companies primarily involved in the exploration, mining, and processing of gold around the globe. It provides a diversified portfolio, mitigating some of the individual risks associated with investing directly in gold mining stocks or purchased bullion.
The fund is denominated in euros and allows European investors to diversify their portfolios into precious metals without the complexities of handling physical gold. As part of the BlackRock Global Funds range, it benefits from the extensive research capabilities and risk management expertise of one of the world’s largest asset management firms.
In the global market, gold is often viewed as a hedge against inflation and currency devaluation, making this fund an essential component in portfolios that seek stability during volatile economic times. The BGF World Gold Fund not only reflects the performance of gold but also leverages the potential growth found in the mining companies’ stocks, blending traditional safe-haven benefits with equity market opportunities.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XBER