Overview
Description
The Kim ACE KRX Physical Gold Exchange-Traded Fund is a specialized financial instrument designed to offer investors straightforward access to the price performance and value movement of physical gold. This exchange-traded fund (ETF) is traded on the Korea Exchange, providing a convenient and efficient means for investors to gain exposure to gold without the need to physically store and secure the precious metal. By tracking the price of physical gold, the fund attracts investment from those seeking to diversify their portfolios and hedge against market volatility and inflation.
The ETF plays a significant role in the commodities market, allowing flexibility and liquidity that appeals to both retail and institutional investors. It supports sectors sensitive to commodity price fluctuations and stands as a critical option for hedge funds looking to safeguard against risk in their broader portfolios. The Kim ACE KRX Physical Gold ETF underscores the importance of commodities as an asset class, reinforcing gold's enduring status as a secure store of value through seamless market access and cost-efficient management.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
South Korea
MIC code
XKRX