First Seafront Gold Exchange Traded Fund logo

First Seafront Gold Exchange Traded Fund (159812)

Market Closed
11 Aug, 06:57
XSHE XSHE
¥
8. 98
+0.01
+0.1004%
¥
- Market Cap
- Div Yield
7.49M Volume
¥ 8.97
Previous Close
Add Transaction
Day Range
8.97 9.14
Year Range
7.32 11.94
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Summary

159812 closed today higher at ¥8.98, an increase of 0.1004% from yesterday's close, completing a monthly increase of 8.8132% or ¥0.73. Over the past 12 months, 159812 stock lost -4.4089%.
159812 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

159812 Chart

First Seafront Gold Exchange Traded Fund (159812) FAQ

What is the stock price today?

The current price is ¥8.98.

On which exchange is it traded?

First Seafront Gold Exchange Traded Fund is listed on XSHE.

What is its stock symbol?

The ticker symbol is 159812.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has First Seafront Gold Exchange Traded Fund ever had a stock split?

No, there has never been a stock split.

First Seafront Gold Exchange Traded Fund Profile

XSHE Exchange
China Country

Overview

The First Seafront Gold Exchange Traded Fund (ETF) represents a sophisticated financial asset developed to offer investors an opportunity to gain exposure to the performance of gold. As a carefully designed investment vehicle, it emphasizes the strategic ownership of physical gold. This focus not only caters to investors aiming to mitigate inflationary risks but also to those looking to enrich their portfolios with a tangible, stable asset. The integration of this ETF into the financial markets facilitates seamless trading akin to equities, on major stock exchanges, thereby marrying the intrinsic stability of gold with the fluidity and convenience of stock investments. This amalgamation is particularly beneficial for sectors that are sensitive to fluctuations in commodity prices, such as technology manufacturing and the jewelry industry. Furthermore, the First Seafront Gold ETF plays a pivotal role in the broader financial ecosystem, contributing significantly to price discovery and risk management processes. It enables both individual and institutional investors to closely monitor gold prices, bypassing the logistical and financial burdens associated with the physical custody of gold. By virtue of its alignment with the inherent value of gold, the ETF stands as a bastion of portfolio stability and security in the volatile investment landscape.

Products and Services

  • Exposure to Gold Performance

    This ETF provides investors with a vehicle to invest in gold without the complexity and costs associated with physical gold storage. It is ideal for tracking the value of gold, thereby allowing investors to speculate on gold prices or include gold as part of their investment mix to hedge against market volatility and inflation.

  • Hedging Against Inflation

    With its focus on physical gold, the First Seafront Gold ETF serves as an effective hedge against inflation. Gold has historically been a safe haven in times of economic uncertainty and can preserve purchasing power when fiat currencies cannot.

  • Diversification of Investment Portfolio

    Investing in this ETF can provide portfolio diversification benefits. Gold's low correlation with other asset classes makes it an excellent tool for reducing overall portfolio risk and enhancing long-term investment outcomes.

  • Liquidity and Accessibility

    Being traded on major stock exchanges, the ETF offers high liquidity, making it easy for investors to buy and sell shares. This accessibility is a significant advantage over physical gold, which requires secure storage and involves considerable effort in liquidation.

  • Support for Industries Dependent on Stable Commodity Prices

    The ETF is especially relevant for industries that depend on gold, such as technology manufacturing, where gold is used in components, and the jewelry sector, which requires stable gold prices. By providing an avenue for investment in gold, the ETF indirectly supports the stability and growth of these industries.

  • Price Discovery and Risk Management

    It plays a critical role in the financial markets by facilitating price discovery and offering instruments for risk management. Investors looking to protect their assets against the volatility of the financial markets can leverage the ETF to secure their investments against unforeseen fluctuations.

Contact Information

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