ETFS GBP Daily Hedged Gold ETC (PBUL.L)
ETF Summary
ETFS GBP Daily Hedged Gold (PBUL) is designed to provide investors with a total return exposure to commodity futures with a daily currency hedge against movements in the GBP/USD exchange rate by tracking the Bloomberg Gold Subindex Pound Sterling Hedged Daily (the "Index") and providing a collateral yield. PBUL is an exchange traded commodity ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. Details of the collateral held can be found in the Collateral section of the website (www. etfsecurities. com).
Risk Overview
Risk Overview Information Not Available
Performance & Risk
YTD Return | 14.72% |
5y Average Return | 1.41% |
Rank in Category (ytd) | -- |
% Rank in Category (ytd) | -- |
Beta (5Y Monthly) | 0.00 |
Morningstar Risk Rating | -- |
Risk Statistics
3 Years | 5 Years | 10 Years | ||||
---|---|---|---|---|---|---|
PBUL.L | Category Average | PBUL.L | Category Average | PBUL.L | Category Average | |
Alpha | 0 | -- | 0 | -- | -- | -- |
BETA | 0 | -- | 0 | -- | -- | -- |
Mean Annual Return | -0.01 | -- | -0.39 | -- | -- | -- |
R-squared | 0 | -- | 0 | -- | -- | -- |
Standard Deviation | 14.24 | -- | 15.12 | -- | -- | -- |
Sharpe Ratio | -0.12 | -- | -0.37 | -- | -- | -- |
Treynor Ratio | 0 | -- | 0 | -- | -- | -- |