Invesco Physical Gold GBP Hedged ETC (SGLS.L) is an exchange-traded fund (ETF) listed on the London Stock Exchange. market capitalization is approximately $29.62B.
What does Invesco Physical Gold GBP Hedged ETC invest in?▾
The Invesco Physical Gold GBP Hedged ETC aims to provide the performance of the spot gold price through certificates collateralised with physical gold. The ETC uses a hedging mechanism which is designed to reduce the exposure of the underlying precious metal (and hence the relevant certificates) to exchange rate fluctuations between US dollars and the currency in which the ETC is denominated.Each Gold ETC is a certificate which is secured by gold bullion held in J.P. Morgan Chase Bank’s London vaults. The issuer of the certificates, Invesco Physical Markets PLC (Invesco PMP), is an...
