Bringing you live news and features since 2006 

Palaedino launches Ucits funds denominated in gold

RELATED TOPICS​

Geneva based Palaedino Asset Management, adviser to the Axiom Fund, has launched the first Ucits Funds denominated in gold.

Investors who choose the gold share class will have an exposure to the fund’s investments and to gold fluctuations.

This will allow investors to participate in the performance of the funds and gold while being isolated from fluctuations in conventional currencies such as euros, US dollars and sterling.
 
The new gold share classes will be available to the full range of Axiom products which includes: Global Equities, Global Fixed Incomes, Global Diversified and the newly launched Ucits Alternative Investable Index Fund.
 
Although it is still reserved for institutional clients, the Axiom Fund will shortly be registered in a number of European countries, including Switzerland, which will enable it to be accessible to the general public.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by