I have a question for the community:
I'm currently looking for an ETC for gold. So far I've mostly focused on $WGLD (+1.35%) and $EWG2 (+2.7%) so far. Unfortunately, my custody account offers me no fee advantage with either option. In addition, the $WGLD (+1.35%) seems to allow physical delivery of the gold in 1g denominations but probably has a TER of 0.16%. The $EWG2 (+2.7%) only allows delivery in 1g through additional fees. To my questions:
- How can the $EWG2 (+2.7%) have no fees, how do they earn money?
- In addition, bearer bonds are not subject to deposit protection. I am therefore wondering what the insolvency risks could be, since everything is collateralized with gold anyway. Robbery of the gold?
- What is the difference between EUWAX Gold I and EUWAX Gold II?
Thank you! ☺️