A new investment fund backed by physical gold has officially launched. This fund provides a rare opportunity for investors to further diversify their portfolios. This fund is a national pilot, which debuted on 11/25/2020. It is structured to track 1/10th of the gold price determined by the London Bullion Market Association (LBMA) to within .10th’s of one percent.
Investors looking to take advantage of gold’s stability and increase value now have a transparent way to invest directly in this precious metal. This new coordinated path provides an unprecedented opportunity to capitalize on it. The fund’s design aims to offer a reliable means of participation in the gold market while ensuring that investors’ interests align with the prevailing market conditions.
The London Bullion Market Association—the industry’s authoritative voice—enjoys tremendous goodwill in the precious metals marketplace. It is hailed as the world’s principal benchmark for establishing the gold price globally. By tracking the LBMA gold price, the new fund provides investors an unprecedented level of visibility into market dynamics. This level of transparency guarantees that they’re always fully up to date on their investments.
Since ancient times, investing in physical gold has been considered a safe haven against turbulence in the economy and inflation. Using this fund, investors can earn exposure to gold without the challenges of directly holding and securing physical assets. The fund is designed to democratize capital investment by making it easier and more attractive to a wider variety of investors.
The financial landscape is shifting under their feet. At the same time, more people are looking for stable, long-term investments, making the introduction of this fund especially relevant and timely. In times of economic uncertainty, gold has long been considered a go-to safe haven asset. By making it easier to invest in physical gold, this fund meets increasing investor demand for tangible assets.