Gold ETC will become The Royal Mint’s 1st listed financial product
Product to launch via HANetf’s unique White-Label Platform
Physical gold to be custodied at The Royal Mint’s highly secure vault
The gold backed ETC will be available in the UK, Italy and Germany from early 2020
London 10 September 2019: HANetf, Europe’s first independent ‘white label’ UCITS ETF issuer is delighted to announce a historic collaboration with The Royal Mint to develop and launch a physically-backed gold ETC.
The Royal Mint is set to become the first Sovereign Mint in Europe to launch a gold backed ETC – leveraging its unique 1,100-year reputation for trust and security to provide a compelling, new opportunity for investors.
All of the physical gold associated with the ETC will be stored in The Royal Mint’s vault – one of the UK’s most secure sites, and guarded 24/7. The ETC will complement The Royal Mint’s existing range of precious metals products which includes; gold, silver and platinum in the form of bars and coins, as well as their ‘Signature’ products available online.
Anne Jessopp, CEO of The Royal Mint commented: “This is a milestone moment for The Royal Mint as we prepare to launch our first financially listed product, and reinvent what it means to be a Mint in the modern age.
“Over recent years The Royal Mint has successfully launched a range of precious metals products as we look to reinvent our business, and appeal to new customers. This gold backed ETC marks an exciting new chapter for The Royal Mint, and for the historic business of gold trading.
“For thousands of years, gold has been recognised worldwide as the ultimate means of trading and storing wealth, ensuring a level of confidence, trust and security with each transaction with The Royal Mint.”
Jatin Patel, Head of Wealth Management at The Royal Mint commented: “By launching a gold backed ETC we are offering investors across Europe a compelling new product for their portfolios – safe in the knowledge that they’re working with one of the UK’s most trusted organisations, and that every ounce of gold is securely held in our vault.”
Nik Bienkowski, co-Founder and co-CEO at HANetf, said: “We are very excited to confirm our partnership with The Royal Mint. This is a huge milestone for both organisations and is testimony to the vision and innovative spirit of the Royal Mints’ leadership team, who recognised early on the opportunities in ETCs.
"The development of this ETC shows the power of the HANetf platform to allow an unparalleled brand to enter the ETC space in a coherent and efficient fashion, providing new solutions to investors.
"Gold ETCs are part of the DNA of HANetf – Hector [McNeil, co-Founder and co-CEO, HANetf] and I were part of the team who invented gold ETFs and we are proud to be part of the continued evolution and growth of this industry.”
This announcement comes in the lead up to the
five-year anniversary of The Royal Mint’s precious metals division in October
About The Royal Mint
The Royal Mint has an unbroken history of minting British coinage dating back over 1,100 years. Based in the Tower of London for over 500 years, by 1812 The Royal Mint had moved out of the Tower to premises on London’s Tower Hill. In 1967 the building of a new Royal Mint began on its current site in South Wales, UK, to accommodate the minting of UK decimal coinage.
Today, The Royal Mint is the world’s largest export mint, supplying coins to the UK and overseas countries.
The Royal Mint has
also diversified into a number of other complementary businesses, building on
the values that have been at the heart of the organisation throughout its
history - authenticity, security, precious metals, craftsmanship and design. www.royalmint.com
Bullion and Precious Metals
Throughout history The Royal Mint’s name has been synonymous with precious metals and bullion. The organisation trades physical and digital precious metal worldwide via www.royalmintbullion.com and a global network of distributor partners.
HANetf is an independent ETF specialist working with third-party asset managers to bring differentiated, modern and innovative ETF exposures to European investors.
Founded by two of Europe’s leading ETF entrepreneurs, Hector McNeil and Nik Bienkowski, HANetf provides a complete operational, regulatory, distribution and marketing solution for asset managers who want to successfully launch and manage UCITS ETFs .www.hanetf.com
Stuart Fieldhouse, Hawksmoor Partners
+44 (0) 7793 882230
Sara Vola, MyMediaRelation
+39 02 36 75 15 11
The Royal Mint
+44 (0) 845 600 5018
The content in this document is issued by HANetf Limited (“HANetf”), an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority (“FCA”). For professional clients only. Past performance is not a reliable indicator of future performance. Any historical performance included on this document may be based on back testing. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested performance is purely hypothetical and is provided on this document solely for informational purposes. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. The value of any investment may be affected by exchange rate movements.
Any decision to invest should be based on the information contained in the appropriate prospectus and after seeking independent investment, tax and legal advice. These products may not be available in your market or suitable for you. The content of this document does not constitute investment advice nor an offer for sale nor a solicitation of an offer to buy any product or make any investment. An investment in an ETF is dependent on the performance of the underlying index, less costs, but it is not expected to match that performance precisely. ETFs involve numerous risks including among others, general market risks relating to the relevant underlying index, exchange rate risks, interest rate risks, inflationary risks, liquidity risks and legal and regulatory risks.
The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of shares in the United States or any province or territory thereof, where none of the Issuers or their products are authorised or registered for distribution and where no prospectus of any of the Issuers has been filed with any securities commission or regulatory authority. No document or information on this document should be taken, transmitted or distributed (directly or indirectly) into the United States. None of the Issuers, nor any securities issued by them, have been or will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes. The products discussed on this document are issued by HANetf ICAV. This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes and/or sectors. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. HANetf ICAV is an open-ended Irish collective asset management vehicle which is constituted as an umbrella fund with segregated liability between sub-funds and with variable capital organised under the laws of Ireland and authorised by the Central Bank of Ireland (“CBI”). Investors should read the prospectus of HANetf ICAV (“HANetf Prospectus”) before investing and should refer to the section of the HANetf Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Shares
Press release distributed by PressHalo on behalf of HANetf, on 10th September, 2019.