AuM:
$32'337'900
Ongoing charges:
0.29%
NAV:
23.098
Ticker:
BARS
Benchmark ticker:
GOLDLNPM

Data: Security Value (SV) and Assets under Management (AuM) as of 2024-06-13

Capital is at risk. The value of your investment may go down as well as up and you may not get back the amount you invested. Investors should read the Key Risks section of this page, Base Prospectus, Final Terms and Key Information Document (KID) before investing.

A new standard for responsible gold investing

The SMO Physical Gold ETCs are designed to provide precise and efficient exposure to gold. They are backed by gold from a small number of mines that meet the highest environmental, social and governance standards, with full traceability across the supply chain. The mines are selected, screened and monitored by Single Mine Origin (SMO) Limited, an independent company set up to provide a trusted standard for responsibly sourced gold.

About the index

The ETCs are designed to track the LBMA Gold Price, a recognised benchmark for gold, quoted in US dollars per troy ounce and administered independently by ICE Benchmark Administration (IBA).

Investment process

The ETCs are debt securities backed by SMO Gold bars. The bars are held in secured allocated accounts in the name of the Issuer and stored in a secure vault with the Custodian. A list of the bars held is published daily at tabulaim.com. The gold is valued daily at the LBMA Gold Price. Following the issue of new securities, the ETC may be partially backed by non-SMO Gold. This will meet LBMA Good Delivery standards (including LBMA’s Responsible Gold Guidance) and will be exchanged as quickly as possible for SMO Gold.

Registered countries

The securities are currently registered for sale in the United Kingdom.
Countries where the Prospectus has been notified: The Central Bank has provided the competent authorities of Austria, Belgium, Croatia, Czech Republic, Denmark, Finland, France, Germany, Hungary, Italy, Liechtenstein, Luxembourg, Norway, Poland, Portugal, Slovakia, Spain, Sweden and The Netherlands with a certificate of approval attesting that the Prospectus has been drawn up in accordance with the Prospectus Regulation.

Replication:Physical
Issuer: Zipa Precious Metals plc
Legal form:Debt security
Manager:Zipa Management Limited
Distributor:Tabula Investment Management Limited
ESG data provider:Single Mine Origin (SMO) Limited
Administrator:Apex Fund Services (Ireland) Limited
Trustee: Apex Corporate Trustees (UK) Limited
Custodian:HSBC Bank PLC
Inception:16 April 2024
Total expense ratio:0.29%
Base currency: USD
ISIN:XS2792094604
Primary listing:LSE
Listing currency:USD
Primary ticker:BARS
UK distributor/reporting status:Yes
ISA & SIPP eligible:Yes
Index information
Index name:LBMA Gold Price
Index provider:ICE Benchmark Administration
Bloomberg index ticker:GOLDLNPM
Listing information
Exchange:LSE
Trading hours:0800 to 1630 (London)
Trading currency:USD
Settlement:T+2
Bloomberg ticker:BARS
RIC Code:BARS.L
OPOL:XLON
SEDOL/VALOR:BQC82N0
WKN:A4AGVX

Key risks

No capital protection: The value of your investment may go down as well as up and you may not get back the amount you invested

Market and price risk: The price of the ETCs will be affected by a number of market including the price of gold, interest rates and exchange rates. Precious metals can be highly volatile and there is a risk of significant fluctuations in the price of the ETCs.

Complexity: The securities are complex, structured products involving a significant degree of risk and may not be suitable or appropriate for all types of investor.

Availability of SMO Gold: There is no guarantee that the Issuer will be able to source SMO-certified gold

Secondary market and liquidity risk: There is no guarantee that there will always be sufficient buyers or sellers to allow investors to sell or buy securities readily, and the price of the securities in the secondary market may not accurately reflect the value of gold.

Counterparty risk: The securities may lose value if any institution providing services to the Issuer fails to meet their obligations

Contact us for further information about Tabula ETFs.

Email  IR@tabulagroup.com
Phone  +44 20 3909 4700