Invesco Physical Gold ETC (SGLD)

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Invesco Physical Gold ETC is an exchange traded commodity that provides investors with exposure to the performance of the spot gold price, specifically tracking the LBMA Gold Price PM in USD, less fees. It is fully backed by physical gold bullion, which is securely stored in vaults in London by custodian J.P. Morgan Chase Bank, ensuring direct collateralization without synthetic replication. Domiciled in Ireland and issued by Invesco Physical Markets PLC, this ETC uses a physical full replication method, holding actual gold bars in a segregated account compliant with LBMA Responsible Gold Guidance standards. It serves as a cost-effective vehicle for gaining access to the gold market, which is highly liquid and influenced by factors such as central bank purchases, jewellery demand in regions like China and India, and its role as a diversification tool due to low correlation with equities. The product is UCITS-eligible and Shariah-compliant, catering to a range of investors seeking commodity exposure without the need for physical storage or delivery complexities. Founded in 2009, it remains a prominent option in the European precious metals segment.