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iShares Gold Bullion ETF Hedged Units (CGL : TSX)

Commodity

Close
(07-18-2024)
$19.43
Change
-$0.13 (-0.66%)
Open $19.60
Day Range $19.39 - $19.64
Volume 29,493

As at June 30, 2024

As at June 30, 2024

Period
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Legend

iShares Gold Bullion ETF Hedged Units

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Fund Returns

Inception Return (May 28, 2009): 4.68%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -0.83% 5.00% 12.37% 12.37% 20.50% 11.81% 8.58% 5.94% 9.34% 9.60% 8.05% 6.06% 6.62% 4.69%
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average -1.59% 15.63% 15.63% 15.63% 22.77% 14.81% 7.98% 7.03% 10.75% 9.82% 8.24% 5.66% 6.82% 4.88%
Category Rank 40 / 64 57 / 64 55 / 62 55 / 62 48 / 62 58 / 62 30 / 60 32 / 55 41 / 54 23 / 51 24 / 48 20 / 44 22 / 41 26 / 40
Quartile Ranking 3 4 4 4 4 4 2 3 4 2 2 2 3 3

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.94% -1.54% -3.78% 6.78% 1.75% 1.20% -0.54% -0.35% 7.99% 4.17% 1.64% -0.83%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

11.60% (August 2011)

Worst Monthly Return Since Inception

-14.74% (June 2013)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -0.40% -12.21% 7.96% 10.55% -2.50% 16.83% 22.67% -4.70% -1.52% 12.44%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average -3.70% -6.31% 11.08% 2.59% -2.08% 16.32% 28.34% -6.50% 3.28% 5.58%
Quartile Ranking 3 4 2 1 3 1 3 1 4 1
Category Rank 22/ 36 36/ 40 19/ 43 2/ 46 35/ 48 13/ 54 31/ 54 13/ 58 55/ 60 2/ 62

Best Calendar Return (Last 10 years)

22.67% (2020)

Worst Calendar Return (Last 10 years)

-12.21% (2015)

Asset Allocation

Asset Allocation
Name Percent
Commodities 100.00

Sector Allocation

Geographic Allocation

Top Holdings

Top Holdings
Name Percent
Gold Bullion 100.00

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

iShares Gold Bullion ETF Hedged Units

Median

Other - Commodity

3 Yr Annualized

Standard Deviation 12.67% 14.22% 13.52%
Beta 0.27% 0.12% 0.10%
Alpha 0.07% 0.09% 0.05%
Rsquared 0.08% 0.02% 0.01%
Sharpe 0.48% 0.55% 0.30%
Sortino 0.87% 0.84% 0.29%
Treynor 0.23% 0.63% 0.40%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.87% 12.67% 14.22% 13.52%
Beta 0.24% 0.27% 0.12% 0.10%
Alpha 0.17% 0.07% 0.09% 0.05%
Rsquared 0.05% 0.08% 0.02% 0.01%
Sharpe 1.23% 0.48% 0.55% 0.30%
Sortino 3.54% 0.87% 0.84% 0.29%
Treynor 0.62% 0.23% 0.63% 0.40%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fund Details

Start Date May 28, 2009
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $780
52 Week High $19.74
52 Week Low $14.58
Annual Dividend -
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The investment objective of the iShares Gold Bullion Fund (CAD-Hedged) is to replicate the performance of the price of gold bullion, less its expenses and fees. The Fund is not actively managed.

Investment Strategy

The iShares Gold Bullion Fund (CAD-Hedged) invests its assets in holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes, and will not speculate with regard to short-term changes in gold prices. This strategy provides investors with the ability to invest in unencumbered gold bullion in a convenient, tradable and secure manner without the associated inconvenience and high transaction, handling, storage, insurance typical of direct gold bullion investment.

Portfolio Manager(s)

Name Start Date
BlackRock Investment Management Inc. 05-28-2009
BlackRock Institutional Trust Company, N.A. 05-28-2009

Management and Organization

Fund Manager BlackRock Asset Management Canada Limited
Advisor BlackRock Investment Management Inc.
Custodian CIBC Mellon Trust Company
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.55%
Management Fee 0.50%

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