Pictet CH Precious Metals Fund - Physical Gold I dy USD 

Pictet CH PM Fd -Physical Gold I dy USD is a mirror fund offered by Friends Provident International that provides investors with exposure to physical gold. The fund invests solely in an underlying Pictet fund, specifically the Pictet CH Precious Metals Phys. Gold fund, which focuses on investments in physical gold. The value of this fund is subject to fluctuations based on gold prices and currency exchange rates. It is designed for medium to long-term investment and is primarily accessible to policyholders of Friends Provident International's unit-linked investment plans. The mirror fund's pricing is intended to broadly track that of its underlying fund, though policyholders do not have direct rights to the underlying assets, which are held by Friends Provident International. This fund is not available for general public distribution in certain regions and has specific restrictions on new investments from Hong Kong and Singapore policyholders.