GG9B

About GG9B

Gold Bullion Securities Limited offers an exchange-traded commodity product designed to provide investors with direct exposure to the price movements of physical gold. Structured as an Exchange-Traded Commodity (ETC), this asset is physically backed, meaning each security is collateralized by allocated gold bullion that complies with London Bullion Market Association (LBMA) Good Delivery standards and is securely held by a custodian, currently HSBC Bank plc. The product aims to mirror the spot price of gold in US dollars, less a total expense ratio of 0.40% per annum, offering a cost-efficient and transparent means for market participants to access the gold market without the complexities of physical storage or direct metal ownership. With assets under management exceeding 3 billion euros, Gold Bullion Securities Limited plays a significant role in the precious metals sector, serving as a robust vehicle for investors seeking portfolio diversification, inflation protection, or commodities exposure. The ETC’s accumulating policy means it does not distribute income but reinvests returns, and its unhedged structure exposes holders to currency fluctuations relative to the US dollar. Since its launch in 2004, the product has established itself as a prominent means of accessing the gold market via regulated exchanges.