iShares Gold ETF (CH)

iShares Gold ETF (CH) is a physically replicated exchange-traded fund that seeks to track the performance of the LBMA Gold Price, providing targeted exposure to the gold spot price. Launched on October 5, 2009, and domiciled in Switzerland under iShares ETF II (CH), it holds physical gold bars of standard weight and purity, ensuring direct investment into the precious metal without derivatives for core exposure. Managed by BlackRock Asset Management Schweiz AG with State Street Bank as custodian, the ETF maintains net assets exceeding USD 1.7 billion and features a low total expense ratio of 0.19%, with no income distribution as it capitalizes returns. Denominated in USD and unhedged against currency risk, it offers single-commodity focus, making it highly sensitive to gold price fluctuations influenced by supply-demand dynamics, geopolitical events, and economic factors. Registered in Switzerland, Liechtenstein, and Singapore, iShares Gold ETF (CH) serves as a convenient vehicle for investors seeking gold's role as a store of value and portfolio diversifier in commodity markets.