Description
Hang Seng Investment Precious Metals Series - Hang Seng RMB Gold ETF is an exchange traded fund launched and managed by Hang Seng Investment Management Limited. It invests in the commodity markets. The fund invests directly and also through swaps in physical gold bullion, by hedging the foreign exchange rate movements between Renminbi and US dollars. It seeks to track the performance of the London Gold Fixing Price in USD. Hang Seng Investment Precious Metals Series - Hang Seng RMB Gold ETF was formed on February 6, 2012 and is domiciled in Hong Kong.
