Overview
Description
TRM Responsibly Sourced Physical Gold ETC is a type of Exchange-Traded Commodity designed to provide investors with a means to gain direct exposure to gold. This ETC stands out due to its commitment to responsible sourcing, ensuring that the gold it represents is procured in line with ethical and sustainable practices. It is particularly aimed at investors seeking to incorporate environmental, social, and governance (ESG) criteria into their portfolios. The commodity is backed by physical gold bars that are sourced transparently and securely stored in vaults. In the broader financial market, TRM Responsibly Sourced Physical Gold ETC plays a critical role by offering a tangible asset that can serve as a hedge against inflation and currency fluctuations. Its existence reflects a growing trend towards sustainability and responsibility in investment practices, providing an option for those concerned about the origin and impact of their gold holdings. As a part of the wider precious metals market, it appeals to both institutional and retail investors looking to diversify their portfolios while adhering to ethical standards.
About
Instrument type
ETF
Country
Italy
MIC code
XMIL