FGLDFranklin Responsibly Sourced Gold ETF
FGLD Fund Description
FGLD provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Association’s responsible gold guidance.
FGLD Factset Analytics Insight
FGLD aims to provide an ESG approach to gold investing. The fund holds physical gold bars at JPMorgan Chase Bank, N.A., London branch. Each share represents 1/100th of the spot price for gold. The gold held by the custodian are bars that meet the LBMA’s responsible sourcing Programme for gold. Such a program aims to protect the integrity of the global gold supply chain. Refiners must demonstrate efforts to respect the environment globally and combat money laundering, terrorist financing and human rights abuses. As such, the gold bars held by the fund will be those refined after January 1, 2012, when minimum international ethical standards were enacted. FGLD shares provide an efficient, cost-effective way to hold physical gold. Investors should note, any realized gains will be taxed as a collectible.
FGLD Portfolio Data
FGLD Index Data
FGLD Portfolio Management
FGLD Tax Exposures
FGLD Fund Structure
FGLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FGLD. FGLD is rated a N/A out of 5.
FGLD Top 10 Targeted Commodity Weights
FGLD Tenor Strategy
FGLD holds physical bullion. Prices will reflect the current spot market values.
FGLD Rolling Strategy
Since FGLD holds physical bullion rather than futures contracts, it does not have a roll strategy.
FGLD Performance Statistics
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.