Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USD
ETF
ISIN CH1122756740 / Valor 11227567
NAV (2024-11-07)
USD 858.19+1.19%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USD
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General Objective
The fund aims to reflect the long-term performance of gold by investing at least 95% of its assets in physical gold 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 & Traceable" gold bars. The portfolio manager may also invest in gold in other forms, as long as it meets certain criteria set by the Responsible Gold Guidance of the LBMA.
Risks
Investors should be aware that the fund's investments in precious metals do not generate income, and the fund typically does not make distributions. Additionally, fees for buying and selling gold are borne by the fund, which can impact the fund's overall return.