PortfolioMetrics

XAD5

- Xtrackers XAD5 EUR Gold ETC

Key Information

Earliest date2010-08-31
ExchangeXETR
Instrument TypeCommon Stock
MIC CodeXETR
CountryGermany

About XAD5

Xtrackers XAD5 EUR Gold ETC is a type of exchange-traded commodity designed to mirror the performance of the gold market. Its primary function is to provide investors with a simple and efficient means to gain exposure to the price movements of gold while denominated in euros. Notable for being fully backed by physically allocated gold billion, XAD5 offers investors an appealing layer of security and tangible backing. The ETC is particularly relevant in today's markets as it provides a hedge against currency fluctuations and inflation, two factors that frequently concern investors in volatile economic climates. By focusing exclusively on gold, it also enables investors to diversify their portfolios through a non-correlated asset relative to traditional equities and bonds. Xtrackers XAD5 EUR Gold ETC holds significance as it facilitates accessible gold investment, appealing to both institutional and retail investors who seek to balance risk while pursuing stability amidst the complex financial landscape.

XAD5 - Asset Detail · PortfolioMetrics