{"id":13750,"date":"2012-09-13T05:00:00","date_gmt":"2012-09-13T04:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/index.php\/2012\/09\/13\/source-announce-that-its-source-physical-gold-etc-bbg-sgld-ln-has-crossed-us3-billion-in-assets\/"},"modified":"2012-09-13T05:00:00","modified_gmt":"2012-09-13T04:00:00","slug":"source-announce-that-its-source-physical-gold-etc-bbg-sgld-ln-has-crossed-us3-billion-in-assets","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/source-announce-that-its-source-physical-gold-etc-bbg-sgld-ln-has-crossed-us3-billion-in-assets\/","title":{"rendered":"Source announce that its Source Physical Gold-ETC (BBG: SGLD LN) has crossed US$3 billion in assets."},"content":{"rendered":"<p style=\"text-align: justify;\">As demand for precious metals has continued, investors have increasingly  adopted physicallysecured ETPs as their vehicle of choice&#8230;..<\/p>\n<ul> <\/ul>\n<ul> <\/ul>\n<p><span lang=\"fr-FR\"> <\/span><\/p>\n<p>  <!--more-->  <\/p>\n<hr \/>\n<p> Sign up for our weekly Newsletter and receive the latest ETF and ETC      news. <a href=\"index.php?option=com_acymailing&#038;view=user&#038;Itemid=1016\"><strong>Click      here to register for your free copy                                   <\/p>\n<hr \/>\n<p> <\/strong><\/a> <\/p>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The Source Physical Gold P-ETC is now among the largest exchange-traded physical gold products globally, with an annual fee of 0.29%. In 2011, the Source Physical Gold P-ETC added over US$1.2 billion in net new assets and traded over US$4 billion on the LSE. So far in 2012, the product has added over US$587 million in net new assets and already traded over US$4.2 billion on the LSE, ranking it in the top five ETPs traded on the LSE for the year. <\/div>\n<p style=\"text-align: justify;\"><strong>Commenting on this new asset milestone, Stefan Garcia, head of commodity ETC sales at Source said, <\/strong>\u201cFor some investors, gold has become a core holding in their portfolios with the percentage of exposure shifting with market dynamics. Physical ETCs are one of the more practical solutions for implementing that exposure.&#8221;<\/p>\n<p style=\"text-align: justify;\">Source P-ETCs combine the convenience and liquidity of an ETP with the reassurance of physicalholdings. Each P-ETC is secured by physical metal held in J.P. Morgan\u2019s London vaults.<\/p>\n<p style=\"text-align: justify;\">The Source P-ETC and T-ETC platforms have raised US$3.1 billion across 23 products since launch in April 2009 \u2013 According to Deutsche Bank, as of July 2012, Source is the 2nd largest commodity ETC provider in Europe.<\/p>\n<p style=\"text-align: justify;\"><strong>Source P-ETCs<\/strong><\/p>\n<table border=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>\n<p><strong>Product name<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>BBG ticker<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Exchange<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Base\/Trading currency<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Fee<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Source Physical Gold P-ETC<\/p>\n<\/td>\n<td>\n<p>SGLD LN<\/p>\n<\/td>\n<td>\n<p>LSE<\/p>\n<\/td>\n<td>\n<p>USD\/USD<\/p>\n<\/td>\n<td>\n<p>0.29 p.a.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<\/td>\n<td>\n<p>SGLD LN<\/p>\n<\/td>\n<td>\n<p>LSE<\/p>\n<\/td>\n<td>\n<p>USD\/GBP<\/p>\n<\/td>\n<td>\n<p>0.29 p.a.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<\/td>\n<td>\n<p>8PSG GR<\/p>\n<\/td>\n<td>\n<p>XETRA<\/p>\n<\/td>\n<td>\n<p>USD\/EUR<\/p>\n<\/td>\n<td>\n<p>0.29 p.a.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<\/td>\n<td>\n<p>SGLD SW<\/p>\n<\/td>\n<td>\n<p>Six Swiss Exchange<\/p>\n<\/td>\n<td>\n<p>USD\/USD<\/p>\n<\/td>\n<td>\n<p>0.29 p.a.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Source Physical Silver P-ETC<\/p>\n<\/td>\n<td>\n<p>SSLV LN<\/p>\n<\/td>\n<td>\n<p>LSE<\/p>\n<\/td>\n<td>\n<p>USD\/USD<\/p>\n<\/td>\n<td>\n<p>0.39 p.a.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Source Physical Platinum   P-ETC<\/p>\n<\/td>\n<td>\n<p>SPPT LN<\/p>\n<\/td>\n<td>\n<p>LSE<\/p>\n<\/td>\n<td>\n<p>USD\/USD<\/p>\n<\/td>\n<td>\n<p>0.39 p.a.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Source Physical Palladium   P-ETC<\/p>\n<\/td>\n<td>\n<p>SPAL LN<\/p>\n<\/td>\n<td>\n<p>LSE<\/p>\n<\/td>\n<td>\n<p>USD\/USD<\/p>\n<\/td>\n<td>\n<p>0.39 p.a.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p> <\/p>\n<p style=\"text-align: justify;\">Source: ETFWorld &#8211; Source<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As demand for precious metals has continued, investors have increasingly adopted physicallysecured ETPs as their vehicle of choice&#8230;..<\/p>\n","protected":false},"author":2,"featured_media":16242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[39],"tags":[],"class_list":["post-13750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etc-etc"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/13750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=13750"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/13750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/16242"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=13750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=13750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=13750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}