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The Royal Mint Physical Gold Securities ETC [LON:RMAU] has announced that it will list on London Stock Exchange this week. 

The first physically gold backed Exchange Traded Commodity (ETC) launched by a European Sovereign Mint and The Royal Mint’s first listed financial product

UK readers will know The Royal Mint as the government institution tasked with minting coins. It was based in the Tower of London but moved to a new home in Wales in 1967. It also supplies coins to foreign countries. Over the years it has launched a range of precious metals products as it looks to reinvent its business and appeal to new customers.

The new ETC being launched by HANetf will be backed by gold bullion and will be made available to investors across Europe. Every ounce of gold in the fund will be stored securely in the Royal Mint vault, one of the UK’s most secure sites, and guarded 24/7 by state of the art security.

The Royal Mint ETC is competitively priced at 0.22% per annum comparing well with the top 5 largest Gold ETCs from Wisdom Tree, Invesco, iShares, DWS and ZKB which, as of 11/02/2020, ranged from 0.19%-0.40% per annum.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Michael Morton

Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.


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