Global X Gold Bullion ETF Guide (GXLD): What Is It All About?

Overview

Global X Gold Bullion ETF (GXLD) offers Australian investors a way to research gold bullion exposure through an exchange-traded fund. The supplied profile reports a one-year return of 18.51% and a year-to-date return of -4.75%. These figures describe different periods and do not indicate how the fund will perform in future.

Category

GXLD sits in the commodities and precious-metals category and is named for gold bullion exposure. Gold does not generate company earnings or bond interest, so its performance may differ from shares and fixed-income investments.

Gold is often discussed as a portfolio diversifier and as an asset that may respond to shifts in interest-rate expectations, currency movements and investor demand for safe-haven assets. Those influences can work in different directions, so gold prices and related fund returns can fluctuate.

Key facts

Ticker

GXLD

Exchange

AU

ISIN

AU0000328262

Category / focus

Commodities & Precious Metals

Provider

Global X Management (AUS) Ltd

Domicile

Australia

Currency

AUD

Inception date

2024-04-29

UCITS

No

Holdings count

1

Costs

AUM

777.7M

No total expense ratio or other ongoing fee figure is provided in the supplied profile.

Performance

YTD

-4.8%

1 year

18.5%

Dividend yield

0.00%

Holdings

The supplied profile records one holding and does not list individual holdings. This indicates a concentrated portfolio profile, but the available data does not provide further detail about the holding.

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

GXLD can be considered alongside other commodity and precious-metals funds, while recognising that product structures and exposures can differ. The supplied profile does not identify a verified benchmark for comparison.

Risks

Who it may suit

GXLD may interest investors researching gold bullion exposure as part of a broader portfolio. Its reported one-holding profile makes the concentrated nature of the exposure an important consideration; whether it suits an investor depends on their objectives, financial situation and needs.

Key risks

Gold prices can be volatile and may be affected by interest rates, currency movements, investor sentiment and broader market conditions. The profile records one holding, so the exposure is concentrated. The supplied data does not provide a fee figure, and past performance does not establish future results.

FAQ