Key Highlights

  • NUGG (ASX:NUGG) gives physical gold exposure, investing directly in Australian-origin gold.
  • Spot physical gold makes up 100.09% of the fund's holdings.
  • Management fees and costs are 0.14%, the lowest in the gold group covered here.
  • Fund size is $237.12m, with 4,179,787 units on issue.

VanEck Gold Bullion ETF (ASX:NUGG) traded at $56.21 during the trading session on 30 October 2026, down 0.91%, with 4,482 units changing hands. NUGG holds physical gold directly rather than through mining shares. It is a passive product that invests in Australian-origin gold, so its value follows the spot price of gold. The fund was admitted to the ASX on 7 December 2022.

Fund Details

Fund size is $237.12m, with 4,179,787 units outstanding. The ISIN is AU0000251852 and management fees and costs are 0.14% a year. The fund sits in the Commodities & Precious Metals category. No benchmark index is listed for the product.

The day's range was $56.12 to $56.71, against a previous close of $56.73. Average daily volume is about 14,873 units. The bid-offer range on the session was $56.14 to $56.30.

Holdings and Structure

The fund's only reported holding is spot physical gold, at 100.09% of the portfolio. Because the position is held in physical form, the fund's exposure is to bullion itself rather than to company operations.

The issuer's annual report for the year to 30 June 2026 and a management fee reduction announced on 24 August 2026 are the most recent fund-level events disclosed.

Income Profile

Gold pays no income, and the fund shows no annual yield or distributions, so the return comes entirely from the gold price, less the management fee.

Key Takeaways

NUGG is a direct physical gold exposure built around Australian-origin bullion.

Its management fee of 0.14% is the lowest in the gold group covered here.

Because gold pays no income, the return depends solely on the gold price.

The product lists no benchmark, so investors should confirm which gold price reference they expect.