Euwax Gold Core Mutual Fund

Euwax Gold Core Mutual Fund is an exchange-traded commodity (ETC) designed to track the spot price of gold in US dollars. Issued by Börse Stuttgart Commodities, this physically backed security allows investors to gain direct exposure to the value of gold without the need to own or store the physical metal. The ETC is collateralized by gold held in secure storage, ensuring that each note is supported by tangible assets. Euwax Gold Core Mutual Fund features an accumulating distribution policy, meaning any returns are reinvested rather than paid out, and has an annual total expense ratio of 0.25%. It is structured as a passive vehicle, focusing solely on the performance of the precious metals sector, specifically gold. Launched in May 2025 and domiciled in Germany, this ETC provides a transparent and efficient way for institutional and private investors to participate in movements in the gold market, serving as a valuable diversification and inflation-hedging tool within a broader investment portfolio.