Key Highlights

  • The fund issues Gold Interests that track the gold bullion price in Australian dollars.
  • Its only holding is gold, at 100.00% of the portfolio.
  • The management fee is 0.15% and the fund size is $769.98 million.
  • No distribution is listed, and the fund reports a standard deviation of 20.24.

Global X Gold Bullion ETF (ASX:GXLD) issues Gold Interests designed to provide a return that tracks the price of gold bullion in Australian dollars, before fees and expenses. The fund was admitted to the ASX on 1 May 2024 and last traded at $60.33 on 13 October 2026. It reports a fund size of $769.98 million.

Detail

Information

Ticker

ASX:GXLD

Fund

Global X Gold Bullion ETF

Category

Commodities & Precious Metals

Benchmark

Gold Spot Price AUD

Fund size

$769.98 million

Management fee

0.15%

Units on issue

12,845,897

ASX admission date

1 May 2024

How the Gold Interests are priced

The return follows the Gold Spot Price, which is denominated in US dollars and converted into Australian dollars. The value of an investment in a Gold Interest is therefore subject to movements in both the gold price and the AUD/USD exchange rate.

The portfolio lists one holding, gold, at 100.00%, and asset allocation records 100.00% in the Other category. Because the exposure is gold alone, the fund carries no sector, country or market-capitalisation weightings, and no cash, stock or bond allocation.

Fee and risk measures

The management fee is 0.15% a year. The fund reports a beta of 0.03 and a standard deviation of 20.24, which indicates little correlation with equity markets but sizeable price variation of its own.

The currency exposure is unhedged, so Australian-dollar movements form part of the return.

No distributions

The fund lists no distribution type, amount, yield or payment dates. Any change in value therefore comes from movements in the gold price and exchange rate, 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. There are 12,845,897 units on issue, and average daily trading volume is 39,919 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 6,100 to 62,400 units, with 27,163 recorded on 13 October while the market was still open. The bid-offer range stood at $60.00 to $61.00, and the day range at $59.51 to $60.33. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged Units on Issue for September 2026 on 7 October, the Annual Financial Report on 28 September and Annual Statements 2026 on 16 September. A Notification to Unit Holders followed on 31 August.

Closing Perspective

GXLD offers gold exposure in Australian dollars without a currency hedge, at a 0.15% fee, and pays no income. Its standard deviation of 20.24 reflects the price variation of gold and the exchange rate together. These points describe the structure and are not predictions.