New Invesco ETC on Xetra: Access to gold price with currency hedging
Release date: 15 Jul 2020 | Deutsche Börse Cash Market
New Invesco ETC on Xetra: Access to gold price with currency hedging
Since Wednesday a new exchange traded commodity issued by Invesco is tradable on Xetra and Börse Frankfurt.
With the Invesco Physical Gold EUR Hedged ETC investors can participate in the performance of the gold price. It is an exchange-traded bond secured by physically deposited gold. Investors are hedged against currency risks against the euro.
Name | Asset class | ISIN | Ongoing charges | Reference index |
Invesco Physical Gold EUR Hedged ETC | ETC | XS2183935274 | 0.44 per cent | Spot Price Gold (LBMA) |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,569 ETFs and 192 ETPs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.