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Global X Physical Gold

ASX:GOLD
1 min read

The fund is designed to offer investors a simple, cost-efficient and secure way to access physical gold by providing a return equivalent to the movements in the gold spot price less the applicable...

The fund is designed to offer investors a simple, cost-efficient and secure way to access physical gold by providing a return equivalent to the movements in the gold spot price less the applicable management fee. GOLD is backed by physical allocated gold and each share represents a beneficial interest in approximately 1/10th of one fine troy ounce of physical gold held by JP Morgan Chase Bank, N.A., the Custodian Bank, in vaults in London.
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