The Royal Mint Responsibly Sourced Physical Gold ETC

In providing Shariah compliant access to the physical gold market, HANetf partnered UK’s The Royal Mint to become the first sovereign mint to launch a gold-backed exchange-traded commodity (ETC) – tapping into over 1,100 years of minting British coinage with a history synonymous with precious metals and bullion.

Being Ireland-domiciled, the Royal Mint Responsibly Sourced Physical Gold ETC (RMAU) security is fully and physically backed by post-2019 good delivery gold bars certified by the London Bullion Market Association.

Shariah-certified by Amanie Advisors, the RMAU lets investors redeem ETC units for physical gold bars or bullion coins, delivered through The Royal Mint – a unique feature among gold ETCs in providing a bridge between digital and tangible gold ownership.

“Gold has established itself as a mainstay strategic investment in multi-asset portfolios, to be held throughout the business cycle, as part of a well-diversified portfolio,” Steven Jones, business development manager, wealth management at The Royal Mint, told IFN Investor.

Reinforcing the ethical focus on this offering, the recycled gold allocation stood at 51.57% as at the 9^th July 2025 – with all Russian-origin gold bars removed from this offering since the Ukraine invasion.

These precious bars are held in segregated accounts at The Royal Mint’s high-security vault in Llantrisant, Wales. Operating outside the London banking and clearance systems, this custody model provides enhanced diversification and institutional-grade physical security.

After the London Stock Exchange listing on the 19^th February 2020 in US dollars and subsequently currency-hedged against the British pound, this instrument was also passported to Frankfurt’s Xetra, Borsa Italiana and Euronext Paris (in euros) plus the Warsaw (zloty) and Mexican (peso) stock exchanges.

With AuM currently at US$1.34 billion, the RMAU does not distribute income. Since physical gold generates no yield, all returns are captured through price appreciation. This aligns the ETC with investors seeking capital growth over the long term, rather than dividend income.

“Gold returns have averaged 10% per year over the last two decades (in GBP), providing a total return of nearly 7.5 times,” noted Steven. With no entry, exit, transaction or performance fees, and an annual management charge of 0.25%, the ETC has a recommended holding period of five years.

*Disclaimer:  The opinions and viewpoints expressed in this Fund Profile do not constitute as  recommendations for any funds highlighted. The information presented is not investment advice and should not be treated as such.