Fund Summary
This ETC tracks the spot price of physical gold (minus a fixed annual fee) — backed by real gold bullion held in vaults at J.P. Morgan Chase in London. This ETC could be a strong choice for investors looking to broaden the diversity of their portfolio, with a tangible, time-tested commodity.
Avrg. annual returns (13/05/2020 - 13/05/2025)
+
12.49%
Fund
Invesco Physical Gold ETC (GBP)
Ticker
SGLP
Category
Commodities
Management charges
0.20%
Risk level
4 of 7
Region
Global
Currency
GBP
Platform fee
0.25%
Platform fee
0% with ChipX
KIID
With investing, your capital is at risk. Past performance is not a reliable guide to current or futurpe performance, and should not be the only thing you consider when selecting a fund.
About this fund

No bank vault required

Overview

This ETC (Exchange Traded Commodity) offers investors direct exposure to the spot price of gold, with each unit backed by allocated physical bullion held in secure vaults. Gold is a globally recognised store of value, trusted across economies and cultures for centuries. 

The ETC tracks the London Bullion Market Association (LBMA) Gold Price, adjusted for a small annual fee. It’s ideal for investors seeking portfolio diversification using a time-tested commodity that offers a lower risk level than equities investment.

Sector exposure
Commodities

This ETC is a single asset product, so doesn’t necessarily offer the same market diversity as a fund with many different assets. The performance is driven purely by gold market dynamics, such as inflation trends, interest rates, and geopolitical risk. Its primary role is capital preservation and risk mitigation, not sectoral growth. 

In a physically backed Exchange Traded Commodity (ETC), the issuer buys and stores the commodity, and each unit of the ETC corresponds to a specific amount of that physical asset. Investors benefit from daily liquidity, low costs, and exposure to commodity price movements, while avoiding storage, insurance, and security concerns themselves.

Invesco

iShares ETFs are managed by BlackRock, the world’s largest asset manager, with over three decades of experience in index investing. The team applies rigorous quantitative research and disciplined risk management to deliver diversified, cost-effective market exposure.

With a strong emphasis on transparency and innovation, iShares products are built to support efficient, long-term investment strategies. BlackRock’s global scale and local insights help navigate changing markets with confidence.

Invesco

Invesco is a global asset manager with over $1.4 trillion in assets (2024). They offer over 240 ETFs, covering equities, fixed income, commodities and thematics. 

Founded in 1935, Invesco brings 90 years of experience creating reliable, investor-first solutions.

Invesco

Vanguard has been a best friend to everyday investors since the 1970s, making it easy to invest with confidence. Today, it manages $10 trillion worldwide (2024), sticking to a philosophy of low costs, transparency, and long-term thinking. 

When you invest through Vanguard, you’re investing with one of the most trusted names in asset management.

Invesco

WisdomTree is a global asset manager based in New York. With $116 billion under management (as of April 2025), they are a trusted provider of over 260 ETPs (Exchange Traded Products).

Their investment product philosophy seeks to use unique research to provide investors access to traditionally inaccessible asset classes.

Top holdings

Top companies in the Physical Gold

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Physical Silver

AAR

+

14.02%

Invest in the performance of silver backed by 100% silver bullion.

Avg. annual returns

13/05/2020 - 13/05/2025

14.02%

Management Charges

0.19%

Risk level

6 of 7

Category

Commodities

Region

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Physical Gold FAQ's

What is an ETC and how is it different from an ETF?

An ETC (Exchange-Traded Commodity) is similar to an ETF, but it invests in a single commodity like gold instead of a basket of stocks or bonds.

Is this a good way to start investing in gold?

An ETC (Exchange-Traded Commodity) is similar to an ETF, but it invests in a single commodity like gold instead of a basket of stocks or bonds.

Do I actually own gold when I buy this ETC?

An ETC (Exchange-Traded Commodity) is similar to an ETF, but it invests in a single commodity like gold instead of a basket of stocks or bonds.

Should I only invest in gold?

An ETC (Exchange-Traded Commodity) is similar to an ETF, but it invests in a single commodity like gold instead of a basket of stocks or bonds.