ETFCentral


FirstRand

Krugerrand DCC


Summary

Issuer
FirstRand
Short Code
KCCGLD
Launch Date
No
Index Tracked
N/A


Exposure

Local/Offshore
Local
Asset Class
Commodities


Cost

TER
N/A


Smart Beta

Smart Beta
No
Smart Beta Type
11 November 2014


Dividends

Distribution Dates
No distributions payable
Last Dividend Payout
N/A
Next Dividend Payout
N/A


Detailed Description

RMB offers you the world’s first legal tender gold coin custodial certificates. This investment, listed on the JSE in the ETF sector, is suitable for private investors and institutions.

Think of it as your online safety deposit box for gold. You can invest in and take physical delivery of your gold coins via the JSE without worrying about how you’re going to store them. While you pay an upfront storage fee for 10 years, we don’t charge annual management fees. Your Krugerrand holdings stay constant and your investment performance is related directly to the gold price.