The iShares Gold Bullion ETF Hedged (CGBLF) is a specialized investment fund designed for those seeking direct exposure to the gold market. Positioned within the Precious Metals category, this ETF focuses exclusively on gold, offering investors a unique opportunity to invest in the physical asset itself rather than derivative products. The fund's niche lies in its strategy of physically holding gold bullion, ensuring that each share represents tangible ownership of gold bars. This approach provides a layer of security and authenticity, attracting investors who prioritize physical asset-backed investments. Moreover, the ETF employs a hedging strategy, aimed at mitigating currency risk for non-U.S. investors, making it an appealing choice for those concerned about exchange rate fluctuations. By combining the stability of gold with strategic currency risk management, the iShares Gold Bullion ETF Hedged stands out as an insightful choice for investors seeking to diversify their portfolio with a focus on precious metals.
Asset Class
Commodities
Region
Global
Issuer
iShares
Index Tracked
LBMA Gold Price PM ($/ozt)
Ticker Symbol
TSE:CGL
iShares Gold Bullion ETF Hedged (CGL) Fund Flow Chart
iShares Gold Bullion ETF Hedged (CGL) 1 year Net Flows: C$250M
CGL ETF FAQ
What was TSE:CGL’s price range in the past 12 months?
TSE:CGL lowest ETF price was C$15.88 and its highest was C$22.14 in the past 12 months.