Ishares Physical Gold ETF Guide (GLDN): What Is It All About?

Overview

The iShares Physical Gold ETF (ASX: GLDN) gives Australian investors listed exposure to the gold theme. Its supplied profile records physical replication and identifies iShares Physical Gold ETC (IGLN) as its sole reported holding. The profile shows a 1.845% one-year return and a -8.466% year-to-date return, while the displayed dividend yield is 0%. These figures describe past performance, not a guide to future results.

Category

GLDN offers Australian investors an exchange-traded route to gold-linked exposure. Rather than holding a broad portfolio of businesses, its supplied holdings identify iShares Physical Gold ETC as the underlying position, making the fund’s performance closely tied to the gold theme.

Gold is often discussed as a portfolio diversifier and as an asset investors may consider during periods of uncertainty. Its price can still move sharply, and gold itself does not generate company earnings or interest income.

Key facts

Ticker

GLDN

Exchange

AU

ISIN

AU0000292930

Provider

BlackRock Investment Management (Australia) Limite

Domicile

Australia

Currency

AUD

Inception date

2023-10-27

Replication

physical

UCITS

No

Holdings count

1

Costs

AUM

455.1M

No fee or ongoing-cost figure is provided in the supplied profile, so a cost comparison cannot be made from these data.

Performance

YTD

-8.5%

1 year

1.8%

Dividend yield

0.00%

Top 10 concentration

101.9%

Holdings

1. iShares Physical Gold ETC101.91%

   Ticker

   IGLN

   Sector

   Country

   United Kingdom

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The supplied top-holdings display lists one holding: iShares Physical Gold ETC (IGLN), at 101.909% of assets. The reported concentration is therefore centred on a single underlying product.

Regions

• Japan0.0%

• Australasia0.0%

• Asia Emerging0.0%

• Latin America0.0%

• North America0.0%

• Asia Developed0.0%

• United Kingdom0.0%

• Europe Emerging0.0%

• Europe Developed0.0%

• Africa/Middle East0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

• Energy0.0%

• Utilities0.0%

• Healthcare0.0%

• Technology0.0%

• Industrials0.0%

• Real Estate0.0%

• Basic Materials0.0%

• Consumer Cyclicals0.0%

• Consumer Defensive0.0%

• Financial Services0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Related ETFs

Compared with gold-miner funds, GLDN’s reported holding is another gold-linked exchange-traded product, rather than a portfolio of mining-company shares. Currency treatment and structure are useful points to check when comparing Australian-listed gold funds.

Risks

Who it may suit

GLDN may interest investors researching listed gold exposure as a distinct asset-class allocation. Its performance can differ from shares and bonds, and the fund’s gold-linked exposure does not remove the risks of market-price movements or currency effects.

Key risks

GLDN’s returns are linked to gold-market movements, which can be volatile and may not align with share or bond markets. Australian-dollar returns may also be affected by currency movements. The supplied holdings show a concentrated position in one underlying ETC; the displayed weight is above 100%, so investors may wish to review the fund’s current disclosures to understand the reported exposure. The supplied profile does not provide a fee figure.

FAQ