The Royal Mint lists physically backed Gold ETC

Securities can be redeemed for physical gold

James Baxter-Derrington
clock • 2 min read

The Royal Mint, in partnership with HANetf, will later this week list the Royal Mint Physical Gold Securities ETC (RMAU) on the London Stock Exchange.

RMAU is the first listed financial product to be backed by The Royal Mint and also the first physically backed gold ETC, which will allow investors to redeem their securities for physical gold bars and coins. Tracking the physical price of gold, RMAU seeks to allow investors easy access to the gold market. Gold outlook 2020: Geopolitics to dictate price outlook The ETC is 100% backed by London Bullion Market Association (LBMA) good delivery bars and the physical gold will be stored in The Royal Mint's purpose-built vault. When redeemed, investors have the option to keep the gold st...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on ETFs

The strategy aims to provides exposure to 'high-quality and high-profitability' companies at a 'reasonable' valuation, and has a total expense ratio of 0.29%.

WisdomTree adds UK quality dividend growth ETF to equity range

$14.4bn assets under management

clock 22 November 2023 • 1 min read
The growth is also represented in the Europe-domiciled ETF market share, in the past five years active ETFs have gone from having 1.3% to 2.3%.

Deep Dive: Active ETFs are set to drive growth for the ETF industry

22.3% organic growth rate

clock 17 November 2023 • 4 min read
The absorbed ETF will stop trading on 30 November, with the merger date set for 1 December.

Amundi continues ETF merger spree with government bond fund integration

Euro inflation ETF

Elliot Gulliver-Needham
clock 17 November 2023 • 1 min read