Gold Bullion Securities Limited

Gold Bullion Securities Limited is a Jersey-domiciled issuer of a UCITS-eligible Exchange Traded Commodity (ETC) that provides investors with direct exposure to the spot price of physical gold. Launched in 2004, it functions as a collateralised debt security fully backed by allocated physical gold bullion held in vaults in London by custodian HSBC Bank plc, conforming to London Bullion Market Association (LBMA) Good Delivery standards. The ETC tracks gold price movements net of a 0.40% annual management expense ratio, with daily published metal entitlements reflecting fee accrual. Authorised participants create or redeem securities using LBMA-compliant gold, ensuring liquidity and transparency without the need for investors to manage storage, insurance, or delivery. Vaults are inspected twice yearly by Inspectorate International. Structured for exchange trading like equities, it offers a cost-efficient, secure alternative to physical ownership, appealing to those seeking commodity diversification. With features like Sharia compliance and ISA eligibility, it plays a key role in enabling accessible gold market participation across global exchanges.