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