Key Highlights

  • The product is structured as a call option under ASX Market Rules and tracks the gold price in Australian dollars.
  • The management fee is 0.15%, and the benchmark is the LBMA Gold Price PM in US dollars.
  • Its only holding is gold, at 100.00% of the portfolio.
  • No distribution is listed, and the product reports a standard deviation of 22.61.

Perth Mint Gold Structured Product (ASX:PMGOLD) is designed to offer a simple, cost-efficient way to access the precious metals market. The issuer describes it as structured as a call option in accordance with the ASX Market Rules, tracking the price of gold in Australian dollars. The product last traded at $59.84 on 13 October 2026.

Detail

Information

Ticker

ASX:PMGOLD

Product

Perth Mint Gold Structured Product

Category

Commodities & Precious Metals

Benchmark

LBMA Gold Price PM USD

Management fee

0.15%

Holding

Gold, 100.00%

How the product is structured

PMGOLD is not a conventional fund holding shares or bonds. Its structure is a call option under ASX Market Rules, and its portfolio lists one asset, gold, at 100.00%. Asset allocation records the exposure under Other at 100.00%, with nothing in cash, stocks or bonds.

Reported turnover is 0.00%.

Fee and risk measures

The management fee is 0.15% a year. The product reports a beta of 0.10 and a standard deviation of 22.61, which points to low correlation with equity markets but sizeable price variation of its own.

The benchmark is the LBMA Gold Price PM in US dollars, while the product tracks gold in Australian dollars, so currency movements form part of the price it follows.

No distributions

The product lists no distribution type, amount, yield or payment dates. Any change in value therefore comes from movements in the gold price, net of the management fee, rather than from income.

Category classification and liquidity

Morningstar places the fund in the Commodities & Precious Metals category, which covers funds investing primarily in direct holdings or derivative securities that provide exposure to changes in the price of soft or hard commodities, including precious metals; funds in this category do not receive a Morningstar rating because their constituents can differ widely.

Liquidity indicators add a further view. Fund size and units on issue are not reported for this product, and average daily trading volume is 218,957 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 86,100 to 138,000 units, with 114,562 recorded on 13 October while the market was still open. The bid-offer range stood at $59.84 to $59.90, and the day range at $59.26 to $59.84. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged its Full Year Statutory Accounts on 22 September 2026, following earlier accounts on 19 September 2025 and 20 September 2024. A PDS update was published on 10 September 2025, and a PDS Update and Name Change on 26 March 2025.

Final Takeaway

PMGOLD offers gold price exposure through an option-based structure rather than a unit trust, at a 0.15% fee. It pays no income, and its standard deviation of 22.61 reflects the price variability of gold. These points describe the product's design and do not forecast outcomes.