HANetf The Royal Mint Responsibly Sourced Physical Gold ETC

HANetf The Royal Mint Responsibly Sourced Physical Gold ETC is a physically backed exchange-traded commodity (ETC) that tracks the spot price of gold in US dollars, providing investors with exposure to physical gold without the need for direct storage or insurance. Launched in February 2020 through a partnership between HANetf and The Royal Mint, it holds 100% London Bullion Market Association (LBMA) post-2019 responsibly sourced Good Delivery gold bars, with over 50% targeted to be 100% recycled gold, emphasizing environmental, social, and governance (ESG) standards. The gold is securely custodied at The Royal Mint's vault in Llantrisant, Wales, outside the London banking system, and benefits from the Mint's 1,100-year heritage and stringent sourcing policies that exceed industry norms. A key feature is physical redemption, allowing investors to exchange ETC securities for gold bars or coins directly from The Royal Mint. With a low total expense ratio of 0.22-0.25% and accumulating distribution policy, it plays a significant role in the commodities market by combining stock-like tradability with the tangibility of gold ownership, appealing to those seeking sustainable precious metals exposure. The fund has grown substantially, managing around €1.5 billion in assets.