Description

RMAU facilitates investor participation in the gold market by tracking the real-time cash price of physical gold, while also adhering to Shariah principles. This product is notable as the first financial offering ever endorsed by The Royal Mint. A unique feature allows individual (retail) investors to convert their holdings into tangible gold bars and coins, securely stored within The Royal Mint's vault in Llantrisant, Wales. All gold held in custody complies with the strict criteria for London Bullion Market Association (LBMA) Post-2019 Good Delivery bars, with approximately 50% of this gold originating entirely from recycled sources. Furthermore, following the Russian invasion of Ukraine, any gold bars of Russian provenance were removed from the Physical Gold ETC's assets.