- RMAU is growing in AUM more rapidly than its competitors, gaining 469.62% since its inception in 2020. [1]
- The gold in the ETC is 100% backed by London Bullion Market Association (LBMA) Post 2019 responsibly sourced Good Delivery bars.
- The ETC also uniquely includes 100% recycled gold bars, reducing the carbon impact of owning gold.
May 2023, London
HANetf, Europe’s first independent white-label ETF and ETC platform, and leading provider of digital asset ETPs, is delighted to announce that The Royal Mint Responsibly Sourced Physical Gold ETC (RMAU) has surpassed $900m in assets under management (AUM) for the first time since its launch in 2020.
Last year, RMAU grew by a staggering 188% across the year, from $278 million to $800 million. Inflows remained high even in periods when the gold spot price was falling. In September and October 2022, the gold price fell by -4.48% but RMAU received over $75 million in inflows, outpacing the other gold ETCs. [2]
In early 2023, the gold price reached its highest level for over 7 months, which has led to experts suggesting that the precious metal could reach record highs in 2023. [3]
RMAU, backed 100% by responsibly sourced physical gold, was the first financial listed product to be sponsored by The Royal Mint, and the first gold ETC to be launched in partnership with a European sovereign mint.[4] It provides investors with exposure to the spot price of gold by physically holding gold bars, which are custodied at The Royal Mint’s highly secure vault in Llantrisant, Cardiff.
RMAU gives investors the opportunity to access gold that aligns with their values. The Royal Mint’s unique control over the bullion in their custody means that the ETC is backed in part by LBMA Good Delivery bars that are cast from 100% recycled gold, which is sourced from scraps in the manufacturing process.
In addition to this, the gold ETC is 100% backed by London Bullion Market Association (LBMA) Post 2019 responsibly sourced Good Delivery bars, meaning that the gold adheres to the highest responsible sourcing standard within the industry. We believe, therefore, that RMAU appeals to sustainable investors that may not have had previous exposure to gold but are interested in the responsibly sourced gold ETC’s unique values.
Hector McNeil, Co-CEO and Co-Founder of HANetf, comments: “We are delighted to see RMAU exceed 900 million dollars in AUM over such a short period of time. While gold is a staple of many portfolios, some investors are concerned about whether it meets their sustainable values. RMAU is a unique way to gain exposure to responsibly sourced gold; not only are its gold bars 100% in compliance with the LBMA’s 2019 Responsible Sourcing guidelines, but they are also partially backed by 100% recycled gold. The ETC is also independently audited to add a further level of assurance as to the adherence of these strict standards. This allows investors to access gold that aligns with their values.”
Please remember that the value of your investment may go down as well as up and past performance is no indication of future performance. When you trade ETFs, your capital is at risk.