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XGDU

43.018002 EUR
0.666
1.52%
Last update Jun 27, 5:30 PM CEST
Market closed
Day range
42.70800
43.28400
Previous close
43.68400
Open
43.25600
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Xtrackers IE Physical Gold ETC Securities
43.02
0.67
1.52%

Overview

Description

Xtrackers IE Physical Gold ETC Securities is an exchange-traded commodity designed to provide investors with exposure to the spot price performance of gold. This product is backed by allocated physical gold, with each security entitling its holder to a specific amount of metal stored in secure, segregated accounts managed by the issuer. With a physical replication structure, it minimizes counterparty risk and closely tracks gold's market value after accounting for a low total expense ratio of 0.11% per annum. The ETC follows a long-only strategy and employs an accumulating distribution policy, meaning that returns are reinvested rather than paid out. Launched in April 2020 and domiciled in Ireland, it has established a significant presence in the precious metals segment, managing assets in the billions of euros. Xtrackers IE Physical Gold ETC Securities offers a transparent, liquid, and cost-effective way for institutional and individual market participants to access gold as a commodity, serving as a strategic tool for portfolio diversification and inflation protection within the broader financial ecosystem.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 17 hours 41 minutes

13:18
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 09:00
Main market
09:00 - 17:45
Post-market
17:30 - 20:30
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).