UBS ETF (CH) – Gold (CHF) hedged (CHF) A-dis

UBS ETF (CH) – Gold (CHF) hedged (CHF) A-dis is an exchange-traded fund that invests exclusively in physical gold, held as standard bars ranging from 1 gram to 12.5 kilograms (approximately 400 ounces) in a high-security vault in Switzerland. Its primary objective is to replicate the performance of the LBMA Gold Price, hedged to Swiss Francs (CHF), providing investors with targeted exposure to gold price movements without unhedged currency risk from the underlying USD-denominated benchmark. Launched on December 17, 2009, and passively managed by UBS Fund Management (Switzerland) AG, the fund features a low total expense ratio of 0.23% per annum and annual distributions in September. Domiciled in Switzerland with an ISIN of CH0106027128, it maintains total assets exceeding CHF 1.5 billion, offering transparency, cost efficiency, and the unique right to redeem physical gold. In the financial markets, it serves as a flexible, liquid vehicle for commodity allocation, particularly appealing for Swiss Franc-based portfolios seeking gold as a diversification and store-of-value asset amid global economic uncertainties.