WisdomTree Core Physical Gold (WGLD.L) LSE
449.86
+5.11999(+1.15%)
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
WisdomTree Core Physical Gold
Address
3rd Floor, 44 Esplanade
St Helier, JE4 9WG
Jersey
Phone
44-20-7448-4330
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 30, 2020
Key Executives
N/ADescription
WisdomTree Core Physical 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 Core Physical Gold is backed by physical, allocated Physical Gold held by HSBC Bank plc (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.