Gold & silver
EUR-hedged gold: taking the dollar out of the equation
Gold is priced in dollars, so euro investors get two moves at once. A hedged share class tries to remove the second one.
- Ticker
- EGLN / XAD1
- ISIN
- IE00B4ND3602
- Issuer
- iShares / Xtrackers
- Ongoing charges
- ±0,25% per jaar
- Structure
- Physically backed ETC with EUR currency hedge
Figures are indicative and checked periodically. Always verify the ISIN, ongoing charges and index in the issuer's latest KID and factsheet before you invest.
How it works
The product holds physical gold and rolls currency forwards, usually reset monthly, leaving a small hedge error.
The cost
You implicitly pay the interest rate differential between dollar and euro, plus a higher TER.
Frequently asked questions
Is hedged always better?
No. In crises a rising dollar can strengthen protection in euro terms.
This is information, not investment advice. Past performance says nothing about future returns; you can lose your investment.