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iShares Gold Bullion Fund - CGL.C

ETF Overview

This is the non-currency hedge version of CGL.

Unlike CGL, this fund does not employ USD/CAD currency hedging.

The investment objective of the iShares Gold Bullion Fund is to replicate the performance of the price of gold bullion, less its expenses and fees. The Fund is not actively managed. The iShares Gold Bullion Fund does not anticipate making regular distributions.

The assets of the iShares Gold Bullion Fund consist primarily of physical gold bullion (the "Portfolio") which the fund purchases and holds in accordance with its investment objective, strategy, policies and restrictions.

Investment Strategy

The iShares Gold Bullion Fund invests its assets in holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes, and will not speculate with regard to short-term changes in gold prices. This strategy provides investors with the ability to invest in unencumbered gold bullion in a convenient, tradable and secure manner without the associated inconvenience and high transaction, handling, storage, insurance and other costs typical of direct gold bullion investment.

All physical gold bullion owned by the iShares Gold Bullion Fund is stored in the vault facilities of a Canadian Schedule I chartered bank, or an affiliate or a division thereof, on an allocated and segregated basis.

Key ETF Data

Category (main) Commodity - Gold bullion
Underlying Index No Index
ETF Structure Passive type. No index. Fund holds physical gold bullion. *
Asset Class Commodity - Gold
Region Not applicable
Issuer iShares Canada by Blackrock
ETF Home Page Available here

* This is the non-currency hedged version of CGL

Fund Facts
Inception Date 31 March 2011
Total Holdings Physical gold
Distribution Frequency Annually
Leverage None
Significant Currency Exposure Yes
Currency Hedging No *

* CGL.C employs no currency hedging. CGL employs currency hedging

Management Fee 0.50%
Management Expense Ratio (MER) 0.55%
Trading Information
Ticker CGL.C
Exchange TSX (Toronto Stock Exchange)
Currency CAD

* CGL.C employs no currency hedging. CGL employs currency hedging

DRIP available ** Unknown
PACC Plan available ** Unknown
SWP available ** Unknown

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar