SMO Physical Gold ETC

ETF description

This ETC provides investors with a way to invest in physical gold, by following the daily price of gold. It does this by owning gold bars.

This ETC may appeal to investors looks to include gold in their portfolio, without the need to hold it physically.

Issuer details

Tabula is a wholly‑owned subsidiary of Janus Henderson. Tabula has established an institutional‑grade investment management and ETF business, with funds listed on ten European exchanges and passported in 15 countries. Their team possesses significant ETF market expertise and is led by a highly‑experienced management team that has built multiple European ETF businesses.

Index details

This ETF tracks the price of gold, which is influenced by several factors.

Like most commodities, the balance between how much gold is available (supply) and how much people want to buy (demand) can affect its price. Also, in times of economic uncertainty or stock market fluctuations, investors may turn to gold as a ‘“safe haven”’, which can raise gold prices. As gold is priced in US dollars, the strength of key currencies, especially the U.S. dollar, impacts gold prices. Lower interest rates reduce the opportunity cost of holding non‑yielding assets like gold, potentially increasing its appeal and price.

These factors are interconnected, and can affect gold prices in complex ways.