Key stats
About BMO GOLD BULLION ETF UNITS CAD
Expense ratio
0.23%
Home page
Inception date
Mar 8, 2024
The fund holds physical gold bullion, in 400 troy ounce international bar sizes, which is an efficient way for investors to obtain gold exposure. The fund invests directly in physical gold stored in a Toronto vault under the custody of the Bank of Montreal (BMO). The product structure reduces the difficulties of buying, storing, and insuring physical gold for investors. NAV for the fund is determined using the LBMA PM Gold Price, so the prices reflect the current spot market values, priced in USD. Investors should take currency fluctuations into consideration.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.01%
Cash−0.01%