ETF Securities offers diversification with vaulted gold-backed ETC

- Richard Jory
- 13 Jan 2010

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ETF Securities has listed a bullion-backed gold exchange-traded commodity (ETC) on the London Stock Exchange. The ETFS Physical Swiss Gold fund is backed by the London Bullion Market Association’s (LBMA) delivery bars and will custody all of its physical gold bullion in vaults in Zurich, Switzerland, thereby offering diversification benefits across issuer, custodian and geographies.

The product will undergo a biannual inspection performed by an independent external auditor and all gold bar

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