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The Royal Mint Physical Gold ETC (RMAU) Passported to the Netherlands, Luxembourg and Finland due to Demand

  • Coronavirus and falling oil and equity prices have spurred investor interest in gold as a safe haven asset
  • The first physically gold backed Exchange Traded Commodity (ETC) launched by a European Sovereign Mint
  • Custody of gold held at The Royal Mint’s highly-secure, purpose-built vault in Wales

 

London, April 2020: The Royal Mint Physical Gold ETC (RMAU) has been passported for sale in Netherlands, Luxembourg and Finland. Issued by HANetf, Europe’s first ‘white label’ ETF issuer, RMAU was launched in February 2020 on the London Stock Exchange. It is the first listed financial product to be sponsored by The Royal Mint and the first physically-backed gold ETC to be launched by a Sovereign Mint.

The Royal Mint has over 1,100 years of heritage and expertise, is the UK’s oldest company and is 100% owned by HM Treasury. The Royal Mint is the world’s largest export mint and is a world leader in the production and storage of precious metals and coins.

RMAU is backed by London Bullion Market Association (LBMA) good delivery bars*. This ensures that the allocated gold meets globally recognised standards for responsible sourcing and assures investors that the gold they own is from a conflict-free source.

The physical gold is held in The Royal Mint’s purpose-built vault in Llantrisant, Wales– one of the most secure storage facilities in the world.

Gold is often regarded as a safe haven investment during times of market stress and now investors have the option to own an ETC that custodies the gold outside the financial system, removing a key source of systemic risk.

RMAU can be redeemed in exchange for physical gold bars, cash or smaller denomination gold coins - a unique feature to RMAU.

Jatin Patel, Head of Wealth Management at The Royal Mint commented: “Gold has always been a core portfolio holding, and recent events have spurred investors interest in this ‘safe haven’ asset. With the addition of the Netherlands, Luxembourg and Finland as markets for distribution for RMAU, more investors will be able to buy and own physical gold securely and responsibly in an ETC backed by a sovereign mint. The passporting is in response to significant demand from investors from these key European countries.”

RMAU is competitively priced at 0.22% per annum. When you trade ETFs your capital is at risk.

The Royal Mint Physical Gold ETC (RMAU) product details:

Name  The Royal Mint Physical Gold ETC (RMAU)
Primary Ticker RMAU
Denomination Each ETC is equal to 1/100th of a troy ounce of gold at launch
Asset backed  100% backed by London Bullion Market Association (LBMA) Good Delivery bars
Custody  The Royal Mint, LIantrisant (near Cardiff,) Wales
Redemption  Investors can redeem for physical gold alternatives including gold bars and coins. Storage and delivery provided by The Royal Mint
Sourcing of gold  The ETC allocates gold that has been 
TER  0.22% per annum
Listing   London Stock Exchange 

 

Learn more about The Royal Mint Physical Gold ETC (RMAU)

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