ETF Securities launches ETC tied to physical gold

12/17/2009 | IndexUniverse.com

An exchange-traded contract linked to physical gold stored in Switzerland was brought to the market by ETF Securities, with the custodian as JPMorgan Chase. ETF Securities said the ETFS Physical Swiss Gold ETC is the only Swiss-vaulted exchange-traded product that complies with standards of the London Bullion Market Association. The ETC trades on the London Stock Exchange, with a management fee of 0.39% per year.

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