Sculpted from experience, built for success. 
 
Gold-backed ETFs closed H1 with a record US$40bn of net inflows. In June 2020 gold ETFs added 104t, taking global holdings to all-time highs of 3,621t.  
 
''Gold is long considered a beneficial asset during periods of uncertainty.'' 
 
Historically, it generated long-term positive returns in both good times and bad. Looking back almost half a century, the price of gold has increased by an average of nearly 12% per year since 1971. 
 
Over this period, gold's long-term return was comparable to stocks and higher than bonds. Source: World Gold Council. 
Gold has also outperformed other major asset classes over the past two decades and is used to protect and enhance wealth over the long-term. Gold also operates as a means of exchange because it has global recognition. 
 
Gold’s position as an investment is considered the ultimate safe haven during times of uncertainty. 
 
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Sculpted from experience, built for success. 
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