Source Physical Gold ETC launched on Xetra

Release date: Mar 16, 2012

A further exchange-traded commodity issued by Source has been tradable on Xetra since Friday. The new ETC enables investors to participate in the performance of the London Gold Market PM Fixing Price.

ETF name: Source Physical Gold P-ETC

Asset class: precious metals

ISIN: DE000A1MECS1

Total expense ratio: 0.29 percent

Distribution policy: non-distributing

Benchmark: London Gold PM Fixing

The Source Physical Gold P-ETC is an exchange-traded bond. The ETC is backed by the physical deposit of gold bars at J.P. Morgan Chase in London.

Deutsche Börse’s ETC segment product range currently comprises 264 products. The monthly trading volume of ETCs on Xetra averages around €900 million.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.

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