Key stats
About Franklin Templeton Holdings Trust Franklin Responsibly Sourced Gold ETF
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Inception date
Jun 30, 2022
Structure
Grantor Trust
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Templeton Distributors, Inc.
FGDL aims to provide an ESG approach to gold investing. The fund holds physical gold bars at JPMorgan Chase Bank, N.A., London branch. Each share represents 1/100th of the spot price for gold. The gold held by the custodian are bars that meet the LBMAs responsible sourcing Programme for gold. Such a program aims to protect the integrity of the global gold supply chain. Refiners must demonstrate efforts to respect the environment globally and combat money laundering, terrist financing and human rights abuses. As such, the gold bars held by the fund will be those refined after January 1, 2012, when minimum international ethical standards were enacted. FGDL shares provide an efficient, cost-effective way to hold physical gold. Investors should note, any realized gains will be taxed as a collectible. Prior to May 19, 2023, the fund traded under the ticker FGLD, resolving a ticker tussle with the World Gold Council.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FGDL assets under management is 232.65 M USD. It's fallen 3.91% over the last month.
FGDL fund flows account for 124.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, FGDL doesn't pay dividends to its holders.
FGDL shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Jun 30, 2022, and its management style is Passive.
FGDL expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
FGDL follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FGDL price has fallen by −4.58% over the last month, and its yearly performance shows a 36.17% increase. See more dynamics on FGDL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −4.37% over the last month, have fallen by −4.37% over the last month, showed a 11.88% increase in three-month performance and has increased by 35.10% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −4.37% over the last month, have fallen by −4.37% over the last month, showed a 11.88% increase in three-month performance and has increased by 35.10% in a year.
FGDL trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.