S EUR Daily Hdgd Physical Gold 

This UCITS-eligible Exchange Traded Commodity (ETC) offers investors a straightforward, cost-effective, and secure means of gaining exposure to physical gold. A primary benefit is its daily hedging strategy, which works to neutralize currency risk by offsetting fluctuations in the EUR/USD exchange rate. The product enables participants to track the spot price of physical gold, after accounting for any applicable fees. Its value is underpinned by dedicated physical gold holdings, which are maintained by JPMorgan Chase Bank, N. A., acting as the custodian. Only gold bars that meet the London Bullion Market Association's (LBMA) Good Delivery specifications are accepted, with each bar being kept separate, uniquely identified, and individually assigned.