Gold investment with transparent origin

A physically backed gold ETC with full traceability of the gold's origin – from mine to bar, including CO2 footprint.

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 Traceable Nugget

Key Facts

Issuer Boerse Stuttgart Commodities GmbH
ISIN DE000EWG4TR6
WKN EWG4TR
ETC currency USD
Currency hedging No
Minimum tradable unit 0,001 units
Replication 100% physical
Underlying 1 fine ounce of gold meeting LBMA requirements
Gold storage locations United Kingdom, Switzerland, Germany
Deliverable Yes
Metal lending No
Domicile Germany
Legal form Bearer bond
Product type ETC
Term Open-ended
Launch date 12.05.2025
First NAV 161,77 USD

Factsheet

Essential information about the investment product, its risks and costs.

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Product features

01

100 % physically backed

100 % backed by physical gold (LBMA Good Delivery standard).

02

Fully traceable gold

From mine to bar, including CO2 footprint. Traceability is ensured in cooperation with MKS PAMP SA. You can find more information on EUWAX Gold Traceable here.

03

Listed on a German exchange

Listed on Börse Stuttgart and Xetra.

04

High-security storage

The gold is stored in high-security vaults in Germany, Switzerland and the United Kingdom.

05

German issuer

Issuer based in Germany, prospectus under German law.

06

Generally no tax deduction

On sale after a holding period of 12 months, no tax is generally deducted.*

*Based on current case law. Not tax advice.

Risks

Buying the EUWAX Gold Traceable 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.

Market-related events and adverse market developments that lead to a total loss of the invested capital cannot be ruled out.

The product currency is USD. Investors whose home currency is EUR are exposed to exchange rate risks (as with holding physical gold), which may reduce returns.

WKN EWG4TR

Quotes

EUWAX Traceable 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 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.

WKN EWG4TR

EUWAX Traceable chart

NAV in USD

EUWAX Gold Traceable Chart
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WKN EWG4TR

Product details

Net asset value (NAV)

Date 20.10.2026 –
NAV 205,36 USD
NAV change vs. previous day -0,56 % –
Product AuM 4.641.219,18 USD
Number of ETC units outstanding 22.600 –
Gold holdings 1.125,28 fine ounces
Metal entitlement 0,04979117 fine ounces

Costs

Transaction fees The usual transaction costs for exchange trading in securities, plus your own bank's fees
Annual ongoing costs 0,29 %
Additional annual custody fees 0 %
Additional delivery fees Delivery costs are borne by the investor

Service partners

Paying agent Société Générale S.A. Zweigniederlassung Frankfurt
Custodian (physical gold) HSBC Bank plc, Brinks Global Services Ltd, MKS Pamp SA
Custodian (securities) Clearstream Europe AG
Calculation agent HSBC Securities Services (Ireland) DAC
Authorised Participants Flow Traders, HSBC Bank plc
Delivery agent Brink’s Global Services Deutschland GmbH
Source of traceable gold with greenhouse gas accounting MKS Pamp SA

Legal and tax

Home regulator (prospectus) Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
UCITS-eligible Yes
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 Germany
Exchange Xetra Börse Stuttgart
Trading currency EUR EUR
Listing date 23.05.2025 23.05.2025
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) is an organisation that regulates the international trade in gold and silver bars and sets globally recognised trading standards. It is one of the most important institutions in the precious metals industry and awards Good Delivery status. The LBMA works continuously to make the precious metals market more transparent. Key measures were successfully implemented in 2012 and 2019.

  • Introduction of the Responsible Sourcing Programme

    In 2012, the LBMA introduced the Responsible Sourcing Programme, which follows a due diligence process in line with the OECD Guidelines. All Good Delivery refineries wishing to trade via the London bullion market must comply with the Responsible Gold Guidance. These refineries are audited annually by independent certification bodies and must provide evidence that the precious metal traded is conflict-free.

  • Extension of the criteria

    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”.

  • Transparency through documentation of origin and greenhouse gas accounting

    For EUWAX Gold Traceable, the LBMA Good Delivery Standard has been supplemented by transparent documentation of the gold's origin and greenhouse gas accounting for the gold. The gold mines from which the gold is sourced are selected by Boerse Stuttgart Commodities GmbH according to fixed criteria. A more detailed description of the criteria and further information on EUWAX Gold Traceable can be found in the description. In accordance with the Final Terms, a current overview of the mines can be found in the mine overview.

FAQs

EUWAX Gold Traceable (WKN: EWG4TR, ISIN: DE000EWG4TR6) is a bearer bond issued by Boerse Stuttgart Commodities GmbH with 100 % physical gold backing – and full traceability of the gold's origin from mine to bar.

The deposited gold is fully traceable. A CO₂ footprint is available for the entire supply chain. Traceability is ensured in cooperation with MKS PAMP SA.

The ongoing product costs amount to 0,29 % p.a. They are charged by reducing the metal entitlement. In addition, the usual transaction costs for exchange trading apply.

With HSBC Bank plc, MKS PAMP SA and Brink's Global Services – in high-security vaults in the United Kingdom, Switzerland and Germany.

Both ETCs are 100 % physically backed and have a similar structure. In addition, EUWAX Gold Traceable offers full traceability of the gold's origin and CO₂ accounting. At 0,29 % p.a., its ongoing costs are slightly higher than those of EUWAX Gold Core (0,25 % p.a.).

Yes. Delivery is possible from one bond. The costs are borne by the investor.

The product currency is USD. Trading on German exchanges takes place in EUR. This results in exchange rate risks, but also exchange rate opportunities. The product is not currency-hedged.

Yes, EUWAX Gold Traceable is available for savings plans with many online brokers. Check the savings plan offering of your bank or broker.
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Convinced?

Invest now in physically backed gold with traceable origin.

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.