New WisdomTree ETC on Xetra: direct access to gold
New WisdomTree ETC on Xetra: direct access to gold
A new ETC (exchange traded commodity) issued by WisdomTree has been tradable on Xetra and Börse Frankfurt since Monday.
With the WisdomTree Core Physical Gold ETC, investors can participate in the performance of the gold price. It is an exchange traded debt security that is backed by physically deposited gold. Only gold ingots that meet the London Bullion Market Association (LBMA) Good Delivery Standard is accepted as collateral.
Name | Asset class | ISIN | Ongoing charges | Reference price |
WisdomTree Core Physical Gold ETC | ETC | DE000A3GNQ18 | 0.15 per cent | Spot Price Gold (LBMA) |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,643 ETFs and 203 ETPs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.