Julius Baer creates capital-protected gold ETF

The fund offers 95% capital protection, provided by Nomura, and has a high participation level due to the current price of gold. The ETF is fully replicated, with the underlying gold stored in a vault managed by Julius Baer's sub-custodian. Investors in the UK are able to access the fund through Canada Life International platforms, while investors based in other countries can access the fund via Royal London 360. Create-Research chief executive Amin Rajan says that this is part of a growing trend among private banks in offering structured ETFs. However, he explains that private banks ...