ETFCentral
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.
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.