The fund aims to replicate the performance of the London Bullion Market Association (LBMA) Gold Price hedged in CHF by investing in physical gold stored in a high-security vault in Switzerland.
Fund Exposure
This fund is passively managed and invests in physical gold in the form of standard bars ranging from 1 gram to 12.5 kilograms. The investment objective is achieved by holding gold bars in a high-security vault in Switzerland to track the performance of the LBMA Gold Price hedged in CHF.
Risks
Investors should be aware that this fund is subject to considerable fluctuations in value due to its investment in gold. The lack of risk diversification, concentration in gold, and passive management of assets are key risks associated with this fund. Additionally, sustainability risks are not systematically integrated into the fund's investment process.