iShares Physical Gold ETC (PHYMF)
OTC PINK OTC PINK Primary Summary
PHYMF Chart
iShares Physical Gold ETC (PHYMF) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares Physical Gold ETC ever had a stock split?
iShares Physical Gold ETC Profile
| OTC PINK Exchange | US Country |
Overview
iShares Physical Metals plc - iShares Physical Gold ETC is a financial instrument managed by BlackRock Advisors (UK) Limited, designed for investors looking to gain exposure to the performance of gold. Established on April 8, 2011, and incorporating in Ireland, this exchange-traded commodity (ETC) aims to mirror the daily movements of the gold price as set by the London Bullion Market Association's Gold PM Fix. This specialized vehicle offers investors a pathway to participate in the commodities market without the need to physically hold the gold.
Products and Services
- Exchange-Traded Commodity (ETC) on Gold
The primary offering from iShares Physical Metals plc is the iShares Physical Gold ETC. This product is designed to replicate, before fees and expenses, the performance of the gold market as defined by the London Bullion Market Association - Gold PM Fix price. The ETC provides a direct exposure to the price movements of gold, making it an attractive option for investors seeking to invest in gold without the complexities of managing physical commodities. iShares achieves this by investing in physical gold and using derivatives such as futures to represent its holdings, thereby offering a liquid and efficient way to gain gold market exposure.
