Description

Gold Bullion Securities provides a UCITS-compliant Exchange Traded Commodity (ETC), offering investors a direct, affordable, and secure route to invest in physical gold. The ETC's value is designed to reflect changes in the spot price of physical gold, deducting an applicable management fee. Its holdings are fully backed by tangible, allocated physical gold, securely held by HSBC Bank plc as the designated custodian. Only gold bars adhering to the London Bullion Market Association's (LBMA) "Good Delivery" standards are accepted by the custodian. Every physical bar is kept separate, uniquely identified, and specifically allocated. For illustration, if the price of physical gold increases by 1% in a day, the ETC's value will rise by 1%, excluding fees. Conversely, a 1% drop in physical gold's price over the same period would result in a corresponding 1% decrease in the ETC's value, before fees.