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EUWAX Gold II (EWG2LD) – Gold ETC with No Ongoing Costs

EUWAX Gold II – Physically backed gold with no ongoing product costs

Each bond securitises 1 gram of gold. Tradable in EUR, with free delivery from 100 g within Germany.

Invest now*

* 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.

EUWAX Gold II Nugget

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.

More downloads

Product features

01

100 % physically backed

Each bond securitises 1 gram of gold from a 100-gram gold bar.

02

No ongoing costs

No ongoing product costs, no custody fees charged by the issuer, no insurance costs.

03

Tradable in Stuttgart

Tradable on every trading day from 07:30 to 22:00

04

High-security storage

The gold is stored exclusively in Germany, in the high-security vaults of a globally operating custodian.

05

Free physical delivery

From 100 g and whole multiples thereof within Germany. Delivery to the exact gram is possible.

06

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

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* An investment in an Exchange Traded Commodity (ETC) involves risks. Investors may not get back the

WKN EWG2LD

EUWAX Gold II chart

NAV in EUR

EUWAX Gold II Chart

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
Disclaimer

* 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.

Physical gold details

  • London Bullion Market Association (LBMA)

    The London Bullion Market Association (LBMA) sets internationally recognised quality and trading standards for gold and silver bars. The Good Delivery status it awards is regarded worldwide as the benchmark for professional precious metals trading. In addition, the LBMA continuously develops its standards to promote transparency and sustainability along the supply chain.

  • Responsible Sourcing Programme

    In 2012, the LBMA introduced the Responsible Gold Guidance. It is based on the OECD Guidelines for responsible supply chains and obliges Good Delivery refineries to carry out comprehensive due diligence. Compliance with the requirements is checked annually by independent audit firms.

  • Extension of the requirements

    Since 2019, the standard has been extended to include further criteria, adding social and environmental aspects to the sourcing process and encouraging refineries to act in accordance with the LBMA Responsible Sourcing Programme.*

    * For more information on the LBMA Responsible Sourcing Programme, see “https://www.lbma.org.uk/responsible-sourcing”.

  • Physical gold at EUWAX Gold II

    For all EUWAX Gold II bearer bonds held by third parties, the issuer deposits physical gold bars with the custodian that meet the LBMA requirements in terms of fineness and quality. One bond securitises a claim to delivery of 1 gram of gold. The backing consists predominantly of gold bars that meet the LBMA Good Delivery standards. The gold is stored exclusively in Germany in the high-security vaults of a globally operating custodian. Physical delivery is made via your custodian bank and is possible to the exact gram. 100-gram gold bars are delivered without an additional issuer fee. Fabrication costs apply to other denominations. Details and costs can be found in the current price list.

FAQs

EUWAX Gold II (WKN: EWG2LD, ISIN: DE000EWG2LD7) is a bearer bond issued by Boerse Stuttgart Commodities GmbH. Each bond securitises 1 gram of gold from a 100-gram gold bar. The product is 100 % physically backed and denominated in EUR.

No. EUWAX Gold II has no ongoing product costs, no custody fees charged by the issuer and no insurance costs. You only pay the usual transaction costs when buying and selling via your custodian bank. Investors should note that entry costs and spreads may be higher than for EUWAX Gold Core.

Delivery within Germany is free of charge from 100 grams (or a whole multiple thereof). Fabrication costs apply to smaller denominations. Delivery to the exact gram is possible. Details can be found in the price list at www.bscommodities.de.

The gold is stored exclusively in Germany – in the high-security vaults of a globally operating custodian.

EUWAX Gold II is traded and settled in EUR. There are no direct exchange rate risks for investors whose home currency is the euro. However, as the gold price is quoted internationally in USD, EUR/USD movements have an indirect effect on the product's EUR price.

EUWAX Gold II is designed as a long-term buy-and-hold product: no ongoing costs, EUR denomination, gold stored exclusively in Germany, free delivery from 100 g. EUWAX Gold Core is aimed at investors who value high liquidity, tight spreads and international storage locations – with low ongoing costs of 0,25 % p.a.

Convinced?

Invest now in physically backed gold with low-cost delivery.

Invest now*

* 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.