Royal Mint launches physical gold ETC on LSE

The Royal Mint is launching a physical gold backed exchange traded commodity, which will list on the London Stock Exchange and offer investors a way to track the price of gold. The Royal Mint Physical Gold Securities ETC (RMAU) has been developed by HANetf, which will issue, manage and distribute the fund. The world's largest export mind, the Royal Mint creates coins, medals and gifts. It is a government owned company that is "committed to providing a financial return to the UK government in line with agreed targets". The issue of an ETC is part of an ongoing focus to "diversify the c...