ETF Securities GOLD ETF (ASX:GOLD)

The ETFS GOLD ETF provides investors with access to the precious metal of gold, by seeking to achieve a return equivalent to the movements in the gold spot price, before fees and expenses.

GOLD ETF data

Ticker code: GOLD
Yearly fee (MER): 0.40%
FUM: $2186.83 million
Monthly spread: 0.04%
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
Oct
2019
Apr
Jul
Oct
2020
Apr
Jul
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
$25.00
$27.50
$30.00
$32.50
$35.00
$37.50
$40.00
$42.50
Range: 1 mth | 3 mths | 6 mths | 1 yr | 2 yrs | 5 yrs | 10 yrs

share price:

Prices updated using end of day data. Capital return only. FUM, fee and spread data updated monthly.

What does the GOLD invest in?

GOLD is backed by physical allocated gold held by JP Morgan at its London vault. Each physical bar is segregated, individually identified and allocated. GOLD is an exchange-traded commodity that can be created and redeemed on demand – in this way, an investment in GOLD provides investors with an entitlement to physical gold bars/bullion.

What do investors use GOLD for?

GOLD could be used by investors to diversify a portfolio with the precious metal commodity of gold which is typically uncorrelated with other asset classes. In this way, GOLD could be used as a hedge against risk – gold has been traditionally used as a store of value and a hedge against inflation, and is often seen as a ‘safe haven’ asset.

GOLD dividend information

Distributions

It’s rare, but when a fund does not have an expected distribution means the ETF or managed fund expects that it will not return income (generated by the fund) or excess capital gains back to you, the investor.

DRP Status

A ‘No DRP’ Distribution Reinvestment Plan (DRP) fund means that the ETF or managed fund do not allow you, the investor, to take some of your monthly, quarterly, half-yearly or yearly distributions as new units in the ETF/fund.

Fund Issuer

ETF Securities is Australia’s second-oldest ETF business. Founded by Graham Tuckwell in 2003, ETF Securities has grown to become one of the leaders in the Australian ETF market.

Best ETFs warnings

The following warnings are applied by our team, based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.

We assign a ‘performance’ warning label to ETFs and managed funds which we believe will likely produce a return and risk profile that is different to a traditional ETF or fund operating in this sector.

Tax Domicile

When a fund/ETF has a “domicile” of Australia it means it is a registered fund in Australia for tax purposes. This means investors who buy into this fund or ETF, and are Australian residents for tax purposes, will be subject to Australian taxes and regulation. 

Registry

Computershare is not only the largest share registry in Australia but also the world. The company was founded in 1978 as one of Melbourne’s first start-up technology companies, initially providing computer services to businesses.

Sector Information

When you invest in commodities (like gold, silver or oil), some academic studies show you may be lowering some of the risks in a diversified portfolio. For example, you won’t have all of your eggs in your ‘Australia basket’.

Looking for something better?

This brilliant (and free!) report is issued by Best ETFs Australia, a division of The Rask Group Pty Ltd. It is not a recommendation.
Speak to a financial professional before relying on this information and please read our Financial Services Guide (FSG).

General Financial Advice warning
The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

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