EUWAX GoldEUWAX GoldEUWAX Gold

EUWAX Gold

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Key stats


Assets under management (AUM)
‪652.19 M‬EUR
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
Shares outstanding
‪7.31 M‬
Expense ratio

About EUWAX Gold


Issuer
Vereinigung Baden-Württembergische Wertpapierbörse eV
Brand
Euwax
Home page
Inception date
Aug 15, 2012
Structure
German Index Fund
Index tracked
LBMA Gold Price PM (EUR/ozt)
Replication method
Physical
Management style
Passive
ISIN
DE000EWG0LD1
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
Displays a symbol's price movements over previous years to identify recurring trends.