db-X ETC (Exchange Traded Commodity) has listed the World’s first Gold ETC hedged in SGD on the London Stock Exchange.
As the product is hedged in SGD, an investor will be able to get exposure to any full potential upside (or downside) in percentage terms of the underlying gold (net of fees).
If you are not familiar with Exchange Traded Commodities (ETC), you can refer to this guide:
But before you even consider investing in such a product, you should know the difference between a ETF, ETP and ETC and understand the risks behind them.
Features of Gold ETC hedged in SGD
Management fee: 0.29% p.a.
FX hedging fee: 0.40% p.a.
Bloomberg/Reuters Code: XGLI LN / XGLI.L
Trading Currency: USD
The product factsheet can be found here: db Physical Gold SGD Hedged ETC