Huaan Yifu Gold ETF logo

Huaan Yifu Gold ETF (518880)

Market Closed
11 Aug, 06:57
SSE SSE
¥
9. 01
+0
+0.0444%
¥
- Market Cap
- Div Yield
926.61M Volume
¥ 9.01
Previous Close
Add Transaction
Day Range
9 9.16
Year Range
7.35 11.98
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Summary

518880 closed today higher at ¥9.01, an increase of 0.0444% from yesterday's close, completing a monthly increase of 8.7518% or ¥0.72. Over the past 12 months, 518880 stock lost -4.3732%.
518880 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

518880 Chart

Huaan Yifu Gold ETF (518880) FAQ

What is the stock price today?

The current price is ¥9.01.

On which exchange is it traded?

Huaan Yifu Gold ETF is listed on SSE.

What is its stock symbol?

The ticker symbol is 518880.

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 Huaan Yifu Gold ETF ever had a stock split?

No, there has never been a stock split.

Huaan Yifu Gold ETF Profile

SSE Exchange
China Country

Overview

The Huaan Yifu Gold ETF is an innovative exchange-traded fund that provides investors streamlined access to the precious metals market, specifically gold. Operating on the principle of tracking the performance of gold prices, this ETF enables both individuals and institutions to invest in gold with the convenience of not having to manage the physical aspects of the commodity, such as storage and insurance. As it's listed on the Shanghai Stock Exchange, the Huaan Yifu Gold ETF opens up opportunities for a wide range of investors from around the globe to engage in the gold market. Its strategy revolves around holding physical gold in reserves, allowing for a direct and tangible correlation with the market values of gold. This feature ensures that the ETF's performance closely mirrors the dynamics of gold prices, making it a valuable tool for those looking to hedge against inflation or diversify their investment portfolios.

Products and Services

  • Exposure to Gold Prices:

    This ETF provides a direct conduit for investors aiming to leverage the performance of gold prices. By embodying the fluctuations in the gold market, it serves as an efficient hedge against inflation, offering a safeguard for investors against the volatility and uncertainties inherent in other investment classes.

  • Investment Flexibility:

    The Huaan Yifu Gold ETF is designed to cater to the needs of both individual and institutional investors, showcasing a versatile investment tool that bridges the gap between traditional and digital investment options. Its presence on the Shanghai Stock Exchange underscores its accessibility and liquidity, rendering it a favorable option for international investors seeking exposure to gold.

  • Physical Gold Reserves:

    One of the ETF’s stand-out features is its commitment to acquiring and maintaining physical gold in reserves. This approach provides a solid foundation for the ETF, ensuring its value is closely aligned with true spot gold prices. Such a strategy enhances the ETF’s appeal to investors who are looking for credible and tangible assets within their portfolios, underscoring the trust and reliability that come with investing in gold.

  • Diversification Tool:

    Gold has historically been a symbol of wealth and security, often acting as a strategic hedge in diversified investment portfolios. The Huaan Yifu Gold ETF serves as an effective diversification tool, allowing investors to mitigate risk by incorporating a stable and proven asset into their investment mix. The inherent qualities of gold, combined with the ETF’s structure, make it a compelling option for those looking to balance and safeguard their investments against market fluctuations and economic downturns.

Contact Information

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