FGDL Profile
The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund ("ETF") designed to track the performance of the LBMA Gold Price index. Launched on June 30, 2022, and issued by Franklin Templeton, FGDL offers investors exposure to the price movements of gold spot prices, adjusted for expenses and liabilities. Unlike direct ownership of physical gold, FGDL provides a cost-effective alternative through securities markets.
FGDL's assets primarily consist of gold bullion and may include cash holdings as needed. The fund adheres to responsible gold sourcing guidelines set by the London Bullion Market Association (LBMA), ensuring that the gold bars used meet stringent environmental and social standards. This commitment reflects Franklin Templeton's dedication to sustainable investing practices and ethical considerations in its portfolio management.
Investors in FGDL benefit from the liquidity and transparency inherent in ETF investments, coupled with exposure to gold price movements. The fund's structure enables efficient trading on stock exchanges, offering investors flexibility to participate in the gold market without the complexities associated with physical ownership. Franklin Templeton's issuance of FGDL underscores its role in providing innovative investment solutions that align with evolving investor preferences and regulatory standards.
Through FGDL, Franklin Templeton aims to meet the growing demand for responsible investment options in precious metals. The ETF's approach combines the stability and intrinsic value of gold with Franklin Templeton's expertise in sustainable investment strategies, catering to investors seeking to integrate environmental, social, and governance (ESG) factors into their portfolios.
|
