Buy Perth Mint Gold on the Australian Stock Exchange



ASX: PMGOLD

Perth Mint Gold (ASX CODE: PMGOLD) is a right to gold created and managed by Gold Corporation (which trades as The Perth Mint). PMGOLD gives investors the ability to purchase Government-backed gold via the Australian Securities Exchange (ASX).

PMGOLD suits investors who prefer to manage their gold investment within their stockbroking account along with their ASX-listed equities and other holdings.

Product Information

Product Name: Perth Mint Gold
ASX Ticker: PMGOLD
Base Currency: AUD
Product Size: $555M*
Management Fee: 0.15%

*As of 30 June 2021.

PMGOLD Performance

Time PeriodPMGOLD Return*
1 year-9.20%
5 years5.69%
10 years5.28%
Since inception8.18%

*As of 30 June 2021.
*Returns greater than one year are annualised.

Download our Factsheet

For more information on PMGOLD, please download our investment factsheet, which details the product features, historical performance and charts, as well as trading information

About Perth Mint Gold

The ASX price of PMGOLD is intended to track the international spot price of gold in Australian dollars. PMGOLD has a number of features that make it attractive to investors, including:

  • Government guaranteed. PMGOLD is issued by Gold Corporation (trading as The Perth Mint), a statutory authority of the Government of Western Australia. The liabilities of Gold Corporation, including its obligations to PMGOLD investors, are guaranteed under section 22 of the Gold Corporation Act 1987, an Act of the Western Australian Parliament.
  • Physically redeemable. Unlike many gold exchange traded products, PMGOLD can be physically redeemed for any of The Perth Mint’s bullion bars.
  • Fully backed. Holdings secured on behalf of investors in PMGOLD are fully underpinned by government-backed gold, which is safeguarded by The Perth Mint.
  • Low management fee. PMGOLD’s management fee is just 0.15%, one of the lowest fees worldwide for a gold exchange traded product.
  • Highly liquid. The Perth Mint, via its market making agents, ensures PMGOLD tracks the international spot price of gold by maintaining bid and offer prices and volume on the ASX at all times, in accordance with ASX rules.
  • Convenient. PMGOLD can be purchased and sold through your stockbroker or share trading account with the same ease and convenience as investing in shares.

Lonsec Rating for Perth Mint Gold (ASX:PMGOLD)*

One of Australia’s leading research houses, Lonsec, have reviewed PMGOLD, and produced an independent research report covering the product. Lonsec awarded PMGOLD a Recommended Rating, one of the highest rankings they provide to any exchange traded product.

Specifically, the Lonsec report noted that;“The Fund provides an efficient and cost effective means for investors to gain exposure to the performance of gold” and that “gold bullion may provide a number of diversification benefits in a portfolio due to its historically low correlation with traditional asset classes such as equities and fixed income.”

To find out more details, and to request a copy of the Lonsec research report, please contact Jordan Eliseo, Manager – Listed Products and Investment Research, at jordan.eliseo@perthmint.com.

Call our Depository Team

If you would like to find out more information regarding PMGOLD, or any other investment products offered by The Perth Mint, please call our depository team on +61 8 9421 7250 or email us at depository@perthmint.com.

Product Disclosure Statement

Investors should read the PMGold Product Disclosure Statement, which explains the products features, operation, risks, tax implications, and Terms and Conditions, before investing.

Disclaimer - The rating issued 06/2021 for Perth Mint Gold is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2020 Lonsec. All rights reserved.