The Royal Mint Responsibly Sourced Physical Gold ETC (RMAP.L) LSE

Currency In GBp

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The Royal Mint Responsibly Sourced Physical Gold ETC

Address

3rd Floor, 55 Charlemont Place

Dublin 2, D02 F985

Phone

353-1-524-1417

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

February 14, 2020

Key Executives

N/A
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Description

This Exchange Traded Commodity (ETC), RMAU, is designed to mirror the live spot price of physical gold, providing investors with an accessible pathway into the gold market. It holds the distinction of being the first financial product endorsed by The Royal Mint and is also fully compliant with Shariah principles. A unique benefit for individual investors is the ability to redeem their holdings for tangible gold bars and coins, which are securely stored in The Royal Mint's vault in Llantrisant, Wales. All gold held in custody consists exclusively of London Bullion Market Association (LBMA) Good Delivery bars produced after 2019, with roughly half of this metal sourced from 100% recycled materials. Furthermore, following the Russian invasion of Ukraine, all gold bars originating from Russia were promptly removed from the Physical Gold ETC.

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