Physical Gold GBP Hedged ETC | RMPH

The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETC

Responsibly sourced physical gold with GBP hedging

Recycled Gold Allocation: 75.25%
As of 14/10/2026

Case for our physical gold GBP hedged ETC

lock icon

Custodied at The Royal Mint

RMPH gold is custodied at The Royal Mint’s highly secure vault outside the London banking systems, providing an attractive option for investors seeking real diversification in their gold custody arrangements.

magnifying glass

Responsible sourcing

The ETC is 100% physically backed by LBMA post-2019 responsibly sourced good delivery bars. Investors can uniquely redeem for physical gold from The Royal Mint. A target of half the gold custodied are 100% recycled gold.

Stocks Clipart

Currency hedged

Gold is priced in US dollars, meaning unhedged gold ETCs provide exposure to movements in the value of the dollar, alongside the gold price. A hedged ETC ensures the investor is only exposed to gold prices.

Case for physical gold GBP hedged

lock icon

Hedge against uncertainty

During periods of economic uncertainty, gold is often favoured. Its variable price can offset currency devaluations.

magnifying glass

Responsibly sourced

Gold exposure can be sustainable. Exposure can be achieved through recycled gold, or gold that adheres to responsible sourcing criteria.

Stocks Clipart

Currency hedged

Gold is priced in US dollars, meaning unhedged gold products provide exposure to movements in the value of the dollar, alongside the gold price. A hedged strategy ensures exposure solely to gold prices.

As of 15.10.2026

Physical Gold GBP Hedged ETC Objective

The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETC (RMPH) tracks the spot price of responsibly sourced physical gold, with pound sterling (GBP) hedging. All the gold is stored at The Royal Mint’s highly secure vault in Llantrisant, Wales. 100% of the gold custodied is London Bullion Market Association (LBMA) post-2019 responsibly sourced good delivery bars, with a target of half the gold being 100% recycled. There are no bars of Russian origin in the ETC.

Key Information

Inception Date04/10/2024
Base CurrencyGBP
Net Assets of Product£18,835,231
TER35 bps
Replication MethodPhysical Allocated Gold
DomicileIreland
ISINXS2892961827

Key Risks

Investors’ capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision. Any decision to invest should be based on the information contained in the relevant prospectus. ETC securities are structured as debt securities, not as equity. Currency hedging between the currency in which gold is usually traded being USD and the currency of RMPH, GBP may not completely eliminate the currency fluctuations between those two currencies and may affect the performance of RMPH.

Product Information

TickerRMPH
Asset ClassCommodities

Net Asset Values

As of 15.10.2026
NAV£31.03
Net Assets of Product£18,835,231
Shares Outstanding607,000
Issuer AUM$1,813,767,323
Entitlement Per Security0.0099021850
Recycled Gold Allocation
(As of 14/10/2026)
75.25%

Product Structure

UCITS CompliantNo
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusYes

Key service providers

CustodianThe Royal Mint Limited
Vault LocationCardiff
Vault InspectorAlex Stewart International Corporation
IssuerHANetf ETC Securities Plc
FX Hedge CounterpartyHSBC Bank plc

Registrations

austria Flag Austria
belgium Flag Belgium
denmark Flag Denmark
finland Flag Finland
france Flag France
germany Flag Germany
ireland Flag Ireland
italy Flag Italy
luxembourg Flag Luxembourg
netherlands Flag Netherlands
norway Flag Norway
poland Flag Poland
spain Flag Spain
sweden Flag Sweden
uk Flag United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
LSERMPH LNRMPH.LBSY4WT6£2024-10-09
Exchange LSE
Ticker RMPH LN
RIC RMPH.L
SEDOL BSY4WT6
CCY £
Listing Date 2024-10-09

Performance

RMPH (Fund)GOLDLNPM (Index)
1M-8.68%-8.47%
3M3.47%3.73%
6M-9.94%-9.38%
YTD-5.36%-4.38%
12M7.79%9.18%
3Y-123.27%
Since Inception (04/10/2024)54.29%57.59%
NAV

Source of index data: Bloomberg ticker GOLDLNPM*, data as of 30.09.2026

Source of fund data: HANetf, data as of 30.09.2026.

Please note that all performance figures are showing net data. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. When you invest in ETCs your capital is at risk.

*LBMA GOLD PRICE IS A TRADEMARK OF PRECIOUS METALS PRICES LIMITED, IS LICENSED TO ICE BENCHMARK ADMINISTRATION LIMITED (IBA) AS THE ADMINISTRATOR OF THE LBMA GOLD PRICE, AND IS USED BY HANetf Limited WITH PERMISSION UNDER LICENCE BY IBA.

Product documents

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

About Partner

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.

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.

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

How to Buy