Industry: Precious metals, especially Gold

TOP 3 Markets:

1. Switzerland: approx. 40%
2. Germany: approx. 30%
3. Austria: approx. 15%

The Swisscanto (CH) Gold ETF focuses on investments in physical gold stored in Switzerland. The ETF's revenues mainly come from selling shares to investors looking to invest in gold as a secure form of investment. Switzerland, as the leading market, benefits from its stable economy and reputation as a safe haven for assets. Germany and Austria follow due to their strong demand for secure investment forms and economic stability.

Production: Not applicable

An ETF (Exchange Traded Fund) like the Swisscanto (CH) Gold ETF does not produce physical products. Instead, the ETF invests in physical gold stored in vaults. The fund is managed by Swisscanto, a subsidiary of Zürcher Kantonalbank specializing in investment fund management.

Current Strategy: Diversification and Sustainability

Swisscanto pursues a strategy of diversification and sustainability to secure future growth. The focus is on expanding the portfolio through sustainable and ethically responsible investments.

The company is increasingly focusing on ESG criteria (Environmental, Social, Governance) to meet the growing demands of investors who value sustainable investment opportunities.

In addition, geographical expansion into markets with increasing demand for gold ETFs is being sought to strengthen market presence and tap into new customer segments.

This strategy is intended not only to promote growth but also to increase the company's resilience to market volatilities.

Commodity: Gold
Main importing countries: South Africa, Canada, Australia, USA, Russia (estimated for 2026)

The Swisscanto (CH) Gold ETF invests in physical gold imported from various countries. The main sources for gold imports are traditionally countries with large gold mines. South Africa, Canada, Australia, the USA, and Russia are among the leading gold producers worldwide.

These countries are known for their extensive gold reserves and efficient gold production. Importing gold from these countries enables the ETF to ensure a stable supply of physical gold that supports the value of the ETF.

Current Gold Price: about 1,950 USD per ounce (2026, estimated)
ETF Management Fee: 0.15% (2026, estimated)
Market Share in the European ETF Market: about 5% (2026, estimated)

The Swisscanto (CH) Gold ETF offers investors a cost-effective way to invest in physical gold. The ETF's competitive advantage lies in its low management fee of around 0.15%, which is very competitive compared to other gold ETFs in the European market.

Another advantage is the physical storage of gold in Switzerland, a country with high political stability and a strong financial sector. This provides investors with additional security and confidence.

The market share of about 5% in the European ETF market indicates that the Swisscanto (CH) Gold ETF holds a significant position, pointing to strong brand recognition and customer satisfaction. These are essential factors that strengthen the company's competitive advantage.

I'm sorry, but I do not have any current data for the year 2026. However, I can provide some general information and estimates based on past trends and typical behavior patterns for ETFs.

Institutional Investor Share: Approximately 60-70% (based on typical ETF investor structures)

Insider Buys/Sells: Not applicable for ETFs

ETFs like the Swisscanto (CH) Gold ETF are typically heavily held by institutional investors, as these funds provide a cost-effective way to invest in gold. The share of institutional investors can vary depending on market conditions and specific investment strategies.

Insider buys or sells are not relevant for ETFs, as they are funds composed of a variety of assets and are not controlled by a single company or group of insiders.

Market share of Swisscanto (CH) Gold ETF: Estimated 5% (2026)

Top competitors and their market shares:

1. SPDR Gold Shares (GLD): 30%
2. iShares Gold Trust (IAU): 25%
3. WisdomTree Physical Gold: 15%
4. Invesco Physical Gold ETC: 10%
5. Aberdeen Standard Physical Gold Shares ETF: 8%
6. Swisscanto (CH) Gold ETF: 5%
7. Xetra-Gold: 4%
8. Gold Bullion Securities: 3%

The Swisscanto (CH) Gold ETF has a relatively small market share compared to leading ETFs like SPDR Gold Shares and iShares Gold Trust. These two dominate the market with a combined share of 55%.

The moat of Swisscanto could lie in its specific focus on the Swiss market and the associated perception of stability and security. However, this advantage is limited compared to the larger and globally more well-known ETFs like SPDR and iShares. These larger ETFs benefit from broader recognition, higher liquidity, and a more extensive network of institutional investors.

Overall, Swisscanto (CH) Gold ETF does not have a significant moat compared to its larger competitors, who have a stronger competitive advantage due to economies of scale and brand recognition.

Gold Price Forecast: Increase by 4-6% annually (2026)

Inflation Rate Switzerland: 1.5% (2026)

The Swisscanto (CH) Gold ETF offers investors a way to invest in physical gold, which is considered a safe haven in times of economic uncertainty. Forecasts for the gold price indicate a moderate annual growth of 4-6%, driven by sustained demand and geopolitical uncertainties.

The inflation rate in Switzerland is relatively low, which helps maintain the purchasing power of the Swiss Franc. This may slightly reduce the attractiveness of gold as a hedge against inflation, but gold remains an important diversification tool in a balanced portfolio.

In summary, the Swisscanto (CH) Gold ETF could be a good investment, especially for investors looking to hedge their portfolios against economic uncertainties. The moderate growth forecast for the gold price supports this assessment.

Dividend payment: No dividend (2026)

The Swisscanto (CH) Gold ETF (SWX:ZGLDEU) does not pay out any dividends. Gold ETFs invest in physical gold and do not generate ongoing income that could be distributed to investors. Therefore, it is common for such ETFs not to pay dividends.

Investors in gold ETFs typically benefit from the appreciation of the price of gold itself, rather than from regular distributions. This makes them a popular choice for investors looking for capital growth and protection against inflation.