57.43700 USD
0.427
0.75%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
56.94000
58.086399
Previous close
57.0099983
Open
57.85000
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Franklin Responsibly Sourced Gold ETF
57.44
0.43
0.75%

Overview

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Description

Franklin Responsibly Sourced Gold ETF is a financial instrument that provides exposure to physical gold, specifically focusing on ethical and sustainable sourcing practices. This exchange-traded fund (ETF) is designed to cater to investors who are conscious of the environmental, social, and governance (ESG) aspects of commodities investment. By investing in this fund, individuals and institutions gain access to gold that is acquired through certified processes, ensuring minimal environmental impact and equitable working conditions throughout the supply chain. The ETF predominantly impacts the commodities and sustainable investing sectors, making it particularly appealing to investors prioritizing responsible alternatives in their portfolios. With its rigorous adherence to sustainability criteria, the Franklin Responsibly Sourced Gold ETF plays a significant role in the financial market by bridging the gap between traditional commodities investment and modern ethical standards. Its market significance is underscored by the increasing demand for transparency and accountability in asset management, thereby contributing to broader shifts towards sustainable financial practices.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
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