Description

The WisdomTree Physical Gold - GBP Daily Hedged is a UCITS-eligible Exchange Traded Commodity (ETC) crafted to provide investors with a simple, affordable, and secure means of accessing physical gold. This product uniquely incorporates a daily hedging mechanism, specifically designed to lessen the impact of movements in the GBP/USD exchange rate. Consequently, investors can achieve exposure to the physical gold spot price, after accounting for fees, with reduced currency volatility. The ETC is fully collateralized by allocated physical gold bars, which are held by JPMorgan Chase Bank, N. A., acting as the custodian. Adhering to strict quality standards, the custodian only accepts metal that complies with the London Bullion Market Association's (LBMA) "Good Delivery" rules. Each gold bar is individually identified, segregated, and specifically allocated to the product.