WisdomTree Physical Gold - EUR Daily Hedged is designed to track the MS Long Gold Euro Hedged Index (the Index). The product enables EUR investors to gain exposure to the gold spot price with a daily currency hedge against movements in the EUR/USD exchange rate.WisdomTree Physical Gold - EUR Daily Hedged is an exchange traded commodity (ETC).
Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. WisdomTree Physical Gold - EUR Daily Hedged is backed by physical allocated gold held by JP Morgan Chase Bank, N.A. and the provision of a daily currency hedge by a FX counterparty.
Only metal that conforms to the London Bullion Market Associations (LBMA) rules for Good Delivery can be accepted by the custodian. Each physical bar is segregated, individually identified and allocated..