Description

The WisdomTree Physical Swiss Gold is an Exchange Traded Commodity (ETC) that meets UCITS eligibility criteria, providing investors with a straightforward, economical, and safe method to gain exposure to physical gold. Its performance aims to mirror the fluctuations in the spot price of physical gold, net of its management fees. This ETC is underpinned by tangible, allocated physical gold assets, which are securely maintained by JPMorgan Chase Bank, N. A., acting as the custodian. The custodian exclusively accepts gold bullion that adheres to the strict 'Good Delivery' standards set by the London Bullion Market Association (LBMA), with every gold bar kept separate, uniquely identified, and specifically assigned. For instance, if the price of physical gold increases by 1% in a single day, the ETC's value will typically follow suit with a 1% increase, prior to fees. Conversely, a 1% decline in physical gold's price over the same period would lead to a corresponding 1% decrease in the ETC's value, before accounting for fees.