Perth Mint Gold
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/106803-2024-04-17-02:37.pdf |
FUND MANAGER | Gold Corporation |
ASX Code | PMGOLD |
APIR | PMGOLD |
ASSET CLASS | EXCHANGE TRADED FUNDS |
INVESTMENT STYLE | PMG will be fully covered by unallocated gold held by |
INVESTMENT PROFILE | PMGOLD is designed to track the international price of gold in Australian dollars and offers investors a simple, low cost way to access the returns on gold. PMGOLD trades like a regular share and is purchased via a stock broking account. Investments in PMGOLD are fully backed by physical bullion held by The Perth Mint, with metal stored on investors’ behalf guaranteed by the Government of Western Australia. |
CURRENCY MANAGEMENT | |
INCEPTION DATE | 09-05-2003 |
BENCHMARK | AUD |
FUND SIZE | AUD |
DISTRIBUTION FREQUENCY | |
NO. OF HOLDINGS | |
FEES | 0.15% p.a |
STRUCTURE |
Benefits
Benefits | The possible benefits of investing in PMG include: • acquiring a non-leveraged product that tracks closely the
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RISK LEVEL | Low to medium |
INVESTOR SUITABILITY | This product is likely to be appropriate for a consumer seeking capital growth or capital preservation, to be used as a core |
Risks
Title | |
Detail |
Key Features
PMG will be fully covered by unallocated gold held by |
Mandate
PMGOLD is designed to track the international price of gold in Australian dollars nvestments in PMGOLD are fully backed by physical bullion held by The Perth Mint, with metal stored on investors’ behalf guaranteed by the Government of Western Australia. PMGOLD units can be converted into gold holdings in a Perth Mint Depository account. Depository account holders can choose to take delivery of physical gold bars. Fees and charges apply |