WisdomTree Core Physical Gold (WGLD.L)

ETF profile

WisdomTree Core Physical Gold (WGLD.L)

Country: JESector: Financial ServicesIndustry: Asset ManagementExchange: LSE

Company overview

WisdomTree Core Physical Gold is an Exchange Traded Commodity (ETC), compliant with UCITS standards, offering investors a straightforward, economical, and secure avenue to invest in physical gold. Its primary objective is to mirror the fluctuations of the physical gold spot price, accounting for the deduction of the management fee. This ETC is fully backed by specifically allocated physical gold, securely held by its custodian, HSBC Bank plc. The custodian exclusively accepts gold that adheres to the London Bullion Market Association's (LBMA) Good Delivery criteria. Each individual physical bar is segregated, uniquely identified, and allocated to the product. Consequently, if the price of physical gold increases by 1% over a day, the ETC's value will typically rise by 1% (prior to fees); conversely, a 1% drop in gold price would result in a similar 1% decrease in the ETC's value (prior to fees).

WebsiteN/A
SectorFinancial Services
IndustryAsset Management
CountryJE
Trades inGBp
Current price
440.85-1.37%
Benchmarks

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.

WisdomTree Core Physical Gold (WGLD.L)

WGLD.L · LSE · Financial Services
440.85-1.37%
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No price history available.

About

WisdomTree Core Physical Gold is an Exchange Traded Commodity (ETC), compliant with UCITS standards, offering investors a straightforward, economical, and secure avenue to invest in physical gold. Its primary objective is to mirror the fluctuations of the physical gold spot price, accounting for the deduction of the management fee. This ETC is fully backed by specifically allocated physical gold, securely held by its custodian, HSBC Bank plc. The custodian exclusively accepts gold that adheres to the London Bullion Market Association's (LBMA) Good Delivery criteria. Each individual physical bar is segregated, uniquely identified, and allocated to the product. Consequently, if the price of physical gold increases by 1% over a day, the ETC's value will typically rise by 1% (prior to fees); conversely, a 1% drop in gold price would result in a similar 1% decrease in the ETC's value (prior to fees).

SectorFinancial Services
IndustryAsset Management
CountryJE
Trades inGBp

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.

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