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Etfs Physical Swiss Gold Shares

ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) is an exchange-traded fund (ETF) that aims to track the performance of gold. The ETF is designed to reflect the performance of the price of gold bullion, net of Trust expenses.

Here are some key points about SGOL:

* SGOL is sponsored by Hanetf ICAV, an Irish collective asset-management vehicle.

* SGOL seeks to replicate the performance of the London Bullion Market Association (LBMA) Gold Price PM (USD) auctions, i.e., the price of gold determined twice daily by the London Bullion Market Association, which is widely recognized as the global benchmark for gold prices.

* Each share of SGOL represents a fractional interest in physical gold bullion, held on behalf of the ETF by the custodian, J.P. Morgan Chase Bank, N.A.

* SGOL's gold bullion is held in secure vaults in Switzerland, which is known for its political and economic stability, strong rule of law and efficient infrastructure, making it an attractive location for the storage of valuable assets like gold.

* SGOL has an expense ratio of 0.17%, which is relatively low for gold ETFs.

* SGOL's earnings are determined by the price movement of gold, rather than by company-specific factors such as revenue, expenses, or profit growth.

* SGOL may be a good choice for investors who want to gain exposure to the gold market without having to buy, store, and insure physical gold themselves.

It's important to note that investing in gold ETFs, like any investment, involves risks, including the risk of loss of principal. Before investing in SGOL or any other gold ETF, investors should carefully consider their investment objectives, risk tolerance, and consult with their financial advisor.