ETFS Physical Gold ETF (ZGOL) provides investors with a beneficial interest in physical gold Bullion without the necessity of holding, trading and storing physical gold Bullion.
ZGOL is an exchange traded fund (ETF) which is tr adable by investors on stock exchanges intraday and can be created and redeemed by certain financial institutions (known as authorised participants).
ZGOL is backed by physical allocated gold held by ANZ Banking Group Limited (the custodian) at its vault in Singapore. Only metal that conforms to the London Bullion Market Association's (LBMA) rules for Good Delivery (relating to, among other things, purity, weight and refiner) can be accepted by the custodian. Each physical bar of gold is segregated, individually identified and allocated to ZGOL.