Gold Bullion Securities (GBS.L)
Company overview
Gold Bullion Securities (GBS.L) represents a UCITS-compliant Exchange Traded Commodity (ETC), structured to offer investors a straightforward, cost-effective, and secure avenue for investing in physical gold. Its value is intended to mirror changes in the spot price of physical gold, net of its management fee. The ETC is underpinned by tangible, specifically allocated gold bullion, safely held by HSBC Bank plc as its custodian. Crucially, only gold bars conforming to the London Bullion Market Association's (LBMA) stringent 'Good Delivery' criteria are accepted. Each individual bar is segregated, uniquely identified, and fully allocated. To illustrate its mechanism, should the price of physical gold ascend by 1% within a day, the ETC's value would likewise increase by 1% (prior to fees). Conversely, a 1% drop in physical gold's spot price would result in a similar 1% decrease for the ETC, before any charges.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Gold Bullion Securities (GBS.L)
No price history available.
Gold Bullion Securities (GBS.L) represents a UCITS-compliant Exchange Traded Commodity (ETC), structured to offer investors a straightforward, cost-effective, and secure avenue for investing in physical gold. Its value is intended to mirror changes in the spot price of physical gold, net of its management fee. The ETC is underpinned by tangible, specifically allocated gold bullion, safely held by HSBC Bank plc as its custodian. Crucially, only gold bars conforming to the London Bullion Market Association's (LBMA) stringent 'Good Delivery' criteria are accepted. Each individual bar is segregated, uniquely identified, and fully allocated. To illustrate its mechanism, should the price of physical gold ascend by 1% within a day, the ETC's value would likewise increase by 1% (prior to fees). Conversely, a 1% drop in physical gold's spot price would result in a similar 1% decrease for the ETC, before any charges.
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