Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHF
ETF
ISIN CH1122756724 / Valor 11227567
NAV (2024-11-19)
CHF 737.41+0.20%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHF
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General Objective
The fund aims to reflect the long-term performance of gold. It invests at least 95% of its assets in physical gold, specifically in the form of "Responsibly Sourced & Traceable" 1 kilo gold bars with a fineness of 999.9/1000 or 995.0/1000.
Fund Exposure
The fund is exposed to gold as the main asset class, with a focus on responsibly sourced and traceable gold bars. The fund may also temporarily invest in gold in other forms, as long as it meets specific certification criteria set by the London Bullion Market Association.
Risks
The fund may be exposed to currency risk, as the currency of the share class is continuously hedged against the main trading currency of gold (USD). This hedging may not fully eliminate currency risk and can impact the fund's returns. Additionally, fees associated with buying and selling gold can reduce the fund's overall performance.