Key stats
About EUWAX Gold II
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Inception date
Oct 9, 2017
Structure
German Index Fund
Replication method
Physical
ISIN
DE000EWG2LD7
Ziel dieses Produkts ist es, Ihnen einen Anspruch auf physische Lieferung von Goldbarren (Klein- oder Standardbarren) zu vorab festgelegten Bedingungen zu gewhren.
Related funds
Classification
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EWG2 assets under management is 3.19 B EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EWG2 expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EWG2 isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, EWG2 doesn't pay dividends to its holders.
EWG2 shares are issued by Vereinigung Baden-Württembergische Wertpapierbörse eV
EWG2 follows the LBMA Gold Price PM (EUR/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 9, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.