Key Facts
| Issuer | Boerse Stuttgart Commodities GmbH | |
|---|---|---|
| ISIN | DE000EWG2LD7 | |
| WKN | EWG2LD | |
| ETC currency | EUR | |
| Currency hedging | No | |
| Minimum tradable unit | 1 unit | |
| Replication | 100% physical | |
| Underlying | 1/100 of a 100-gram gold bar with a fineness of 999,9 | |
| Gold storage locations | Germany | |
| Deliverable | Yes, to the exact gram from 1 gram | |
| Domicile | Germany | |
| Legal form | Bearer bond | |
| Product type | ETC | |
| Term | Open-ended | |
| Launch date | 09.10.2017 | |
| First price | 35,13 EUR (first price on 09 October 2017 at 08:04) | |
Factsheet
Essential information about the investment product, its risks and costs.
Product features
100 % physically backed
Each bond securitises 1 gram of gold from a 100-gram gold bar.
No ongoing costs
No ongoing product costs, no custody fees charged by the issuer, no insurance costs.
Tradable in Stuttgart
Tradable on every trading day from 07:30 to 22:00
High-security storage
The gold is stored exclusively in Germany, in the high-security vaults of a globally operating custodian.
Free physical delivery
From 100 g and whole multiples thereof within Germany. Delivery to the exact gram is possible.
Generally no tax deduction
on sale after a holding period of 12 months.*
*Based on current case law. Not tax advice.
Risks
Buying the EUWAX Gold II bearer bond involves issuer risk. Losses may occur if the issuer becomes insolvent.
The gold price is subject to fluctuations and may also fall over longer periods. The investor may suffer a total loss of the capital invested.
The gold price is quoted internationally in USD. EUR/USD movements have an indirect effect on the product's EUR price.
Market-related events and adverse market developments that lead to a total loss of the invested capital cannot be ruled out.
WKN EWG2LD
Quotes
EUWAX Gold II on Börse Stuttgart in EUR
* An investment in an Exchange Traded Commodity (ETC) involves risks. Investors may not get back the
WKN EWG2LD
Product details
Net asset value (NAV)
| Date | – | |
|---|---|---|
| NAV | EUR | |
| NAV change vs. previous day | – | |
| Product AuM | EUR | |
| Number of ETC units outstanding | – | |
| Gold holdings | kilograms |
Costs
| Transaction fees | the usual transaction costs for exchange trading in securities, plus your own bank's fees | |
|---|---|---|
| Annual ongoing costs | 0 % | |
| Additional annual custody fees | 0 % | |
| Additional delivery fees | None, provided the delivery amounts to 100 grams or a whole multiple thereof, takes place within Germany, and the conditions of the securities prospectus are met | |
Service partners
| Paying agent | Société Générale S.A. Zweigniederlassung Frankfurt am Main | |
|---|---|---|
| Custodian (physical gold) | Brink’s Global Services | |
| Custodian (securities) | Clearstream Europe AG | |
| Calculation agent | C. Hafner GmbH & Co. KG | |
| Authorised Participants/Market Maker | EUWAX AG | |
| Delivery agent | C. Hafner GmbH & Co. KG | |
Legal and tax
| Home regulator (prospectus) | Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | |
|---|---|---|
| UCITS-eligible | - | |
| Sharia-compliant | - | |
| Capital gains tax* | After a holding period of 12 months, the custodian bank generally does not deduct tax on sale | |
Distribution approvals
| Approved countries | Germany, Luxembourg, Austria | |
|---|---|---|
Trading venues
| Country | Germany |
|---|---|
| Exchange | Börse Stuttgart |
| Trading currency | EUR |
| Listing date | 09.10.2017 |
* This information does not constitute tax or other advice. If necessary, you should seek independent tax, legal or other professional advice to ensure that this ETC is suitable as an investment in light of your individual circumstances and needs.
FAQs
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Invest now in physically backed gold with low-cost delivery.
* An investment in an Exchange Traded Commodity (ETC) involves risks. Investors may not get back the capital originally invested, or may get back only part of it. A more detailed discussion of the potential risks of the ETC can be found in the “Risk Factors” section of the securities note and the registration document. The past performance of the ETC is no indication of future returns. The future performance of the ETC is not guaranteed.