Amundi Euro Government Tilted Green Bond UCITS ETF Acc (AM47)

Overview

Gold Bullion Securities (GBS) presents an innovative investment vehicle intended to provide investors with a direct and cost-effective method of accessing the gold market. This unique approach aims to mirror the price movements of the spot price of gold, subtracting any management fees incurred. To guarantee the security and integrity of the investment, GBS is supported by real, allocated gold bars stored securely with HSBC Bank plc, serving as the custodian. The program adheres strictly to the standards set forth by the London Bullion Market Association (LBMA), ensuring that only gold bars meeting the Good Delivery criteria are accepted. Each gold bar is segregated, cataloged with unique identifiers, and allocated specifically, offering a transparent and secure investment framework for those looking to invest in gold.

Products and Services

• Access to the Gold Market

  GBS offers investors a straightforward and cost-efficient pathway into the gold market by tracking the movements of the gold spot price and adjusting for any associated management fees. This product is designed for investors seeking exposure to gold prices without the complexities and costs of direct gold ownership and trading.

• Backed by Physical Allocated Gold

  The foundation of GBS's security is the physical gold allocated for each security, held by HSBC Bank plc. This approach ensures that investors have a tangible asset backing their investment, contrary to other gold investment methods that may rely on derivative or paper counterparts. The allocated gold is stored under strict security and auditing standards, providing an extra layer of trust and reliability for the investor.

• Compliance with LBMA Standards

  GBS's adherence to the LBMA's Good Delivery rules is a cornerstone of its offering, ensuring that all gold bars held in custody meet the rigorous purity and form standards required by the market. This compliance is critical for maintaining the liquidity and market acceptance of GBS securities, underpinning the investor confidence in the security and quality of their investment.

• Segregated and Individually Identified Allocation

  Each investor's share in GBS is backed by physical gold bars that are not only allocated but also segregated and identified by individual serial numbers. This level of detailed tracking and allocation supports a transparent and secure investment strategy, distinguishing GBS from pooled or unallocated gold investment options where individual ownership and audit trails may be less clear.