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.
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.
HSBC Asset Management is part of the wider HSBC Group, boasting over 50 years experience and managing $600 billion (2024).
HSBC focuses on bringing investors a low-cost range of investment products, with particular strength in global equity and ESG offerings.
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 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.
Vanguard has been providing investment solutions to everyday investors since the 1970s. Today, it manages $10 trillion for over 50 million investors worldwide (2024), sticking to a philosophy of low costs, transparency, and long-term thinking.
This copy is for legal and general
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.
No hidden fees, or fees that will grow over time. You won’t pay more to invest more with Chip X.*
We keep it simple with a curated range of funds from some of the world’s biggest asset managers.
Set up recurring deposits directly into your chosen funds and save the payday admin.
Our Dual Track feature lets you choose from three risk levels, or create your own portfolio from a curated range of funds.
Step 1
Enjoy tax-free returns with a Stocks & Shares ISA and invest without limits with a GIA.
Step 2
Choose to do it yourself and pick your own funds, or choose from our three ready-made options.
Step 3
Easily access your portfolio at your fingertips, and set up recurring deposits to build wealth for the future.
Avg. annual returns
26/06/2020 - 26/06/2025
+
12.89%
-
12.89%
Fund Provider
Invesco
Management Charges
0.19%
Risk level
6 of 7
Category
Commodities
Region
Global
Choose from three expertly managed funds to keep things simple and get start quickly
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.
Yes, for beginners, a gold ETC like this offers a simple, low-cost way to gain exposure to gold without the hassle of storage or security.
You don’t own the gold bars directly, but your investment is secured by real, physical gold held in a vault on behalf of all ETC investors.
No — while gold can be a valuable part of your portfolio, it’s generally best used as a diversifier, not your only investment.
A balanced portfolio typically includes a mix of equities, bonds, cash, and alternative assets like gold, helping you manage risk and benefit from different market conditions.
No — while gold can be a valuable part of your portfolio, it’s generally best used as a diversifier, not your only investment.
A balanced portfolio typically includes a mix of equities, bonds, cash, and alternative assets like gold, helping you manage risk and benefit from different market conditions.
Scan the QR code below to download the Chip app and get started.
or get a download link via email.
