WisdomTree Physical Swiss Gold (SGBX.L) LSE
36,410.50
-351(-0.95%)
Currency In GBp
- General
- Statistics
- Historical Data
- Profile
- Financials
36,410.50
-351(-0.95%)
Currency In GBp
Address
United Kingdom of Great Britain and Northern Ireland (the)
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
December 16, 2009
WisdomTree Physical Swiss Gold is a UCITS Eligible Exchange Traded Commodity (ETC) designed to offer security holders a simple, cost-efficient and secure way to access Physical Gold by providing a return equivalent to the movements in the Physical Gold spot price less the applicable management fee. WisdomTree Physical Swiss Gold is backed by physical, allocated Physical Gold held by JPMorgan Chase Bank, N. A. (the custodian). Only metal that conforms with the London Bullion Market Association's (LBMA) rules for Good Delivery can be accepted by the custodian. Each physical bar is segregated, individually identified and allocated. For example, if Physical Gold rises by 1% over a day, then the ETC will rise by 1%, excluding fees. However if Physical Gold falls by 1% over a day, then the ETC will fall by 1%, excluding fees.