The Royal Mint Responsibly Sourced Physical Gold ETC (RMAP.L) LSE
3,294.75
+15.75(+0.48%)
Currency In GBp
- General
- Statistics
- Historical Data
- Profile
- Financials
3,294.75
+15.75(+0.48%)
Currency In GBp
Address
6th Floor, 2 Grand Canal Square
Dublin, D02 A342
Ireland
Phone
353-1-524-1417
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
February 14, 2020
RMAU tracks the spot price of physical gold and offers investors access to the gold market, whilst also being shariah compliant. It is the first financial product to be sponsored by The Royal Mint. Uniquely, retail investors can redeem for physical bars and coins stored at The Royal Mint’s secure vault in Llantrisant, Wales. 100% of the gold custodied is backed by London Bullion Market Association (LBMA) post-2019 Good Delivery bars, of which approximately half of the gold is 100% recycled. Following the Russian invasion of Ukraine, all gold bars of Russian origin were removed from the Physical Gold ETC.