Xtrackers Physical Gold EUR Hedged ETC

Xtrackers Physical Gold EUR Hedged ETC is a financial instrument designed to track the performance of physical gold while incorporating a currency hedging mechanism against the euro. Its primary function is to offer investors exposure to the gold market, pairing this with protection from fluctuations between the euro and other currencies, particularly the U.S. dollar, which is often the trading currency for gold. The product is structured as an Exchange-Traded Commodity (ETC), which is backed by physical gold, meaning the fund holds gold bullion to support its value and integrity. This makes it an appealing choice for those seeking to diversify their portfolios with a tangible asset, while being concerned about currency risk impacts on their investments. Located within the broader commodity market, this ETC plays a significant role by providing easy access to gold exposure without direct purchase of the metal, allowing investors to benefit from the stability and historical store of value that gold offers, alongside the convenience of trading this asset on the stock exchange like an ordinary share.