The new HANetf Gold ETP, with symbol RMCH, provides investors with a way to gain exposure to the gold market. Flow Traders serves as the designated market maker, ensuring liquidity for the product. Each ETP is backed by physical gold bars custodied by The Royal Mint at their vault in Llantrisant, Wales. The gold custodied consists of London Bullion Market Association (LBMA) post-2019 good delivery bars, including a portion of recycled gold bars, with the potential for the proportion of recycled bars to increase over time.
With the inclusion of HANetf, the total number of ETPs available on SIX Swiss Exchange has increased to 206, while the number of ETP issuers has reached 20. The market for ETPs on SIX continues to experience significant growth, with the year-to-date turnover reaching CHF 2.23 billion across 151,000 trades, marking a substantial 235% increase in turnover and 161% rise in the number of trades compared to the same period of the previous year.
Gregor Braun, Head of Equities & ETF/ETP Sales, Exchanges, SIX, remarked: “We are delighted to welcome HANetf ETC Securities and their innovative gold product to our platform. This launch offers investors an additional opportunity to diversify their portfolios.”
Hector McNeil, Co-CEO of HANetf, added: “Launching our first gold ETP at SIX Swiss Exchange marks a pivotal moment for HANetf. Gold continues to be a key asset for investors seeking to hedge against inflation and economic uncertainty, and we are excited to bring this product to a wider audience.”
Product details
Product Name | Trading Currency | ISIN |
Market Maker |
---|---|---|---|
HANetf Gold ETC | CHF | XS2892962718 | Flow Traders |
Further Reading
HANetf
HANetf’s white-label platform provides asset managers with a flexible and efficient solution for bringing differentiated and modern ETFs to market. To learn more about HANetf and its innovative offerings, visit HANetf’s website.
ETP Listing
For further information on the listing and the entire range of ETPs available on the SIX Swiss Exchange, visit our ETP listing process offering or our ETP Explorer.