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The Franklin Responsibly Sourced Gold ETF invests in physical gold bullion, primarily London Good Delivery bars refined post-2012 in accordance with LBMA standards. It aims to track gold prices, holding only responsibly sourced gold. The fund issues and redeems shares through authorized participants, with assets consisting solely of gold and cash. Managed by Franklin Holdings, it offers a transparent, custody-based investment in physical gold for long-term value preservation.
This description was generated via AI from an annual report. Updated about 1 year ago.