Sprott Esg Gold Etf (SESG)
Sprott Esg Gold Etf operates in the Asset Management industry of the Financial Services sector, headquartered in LU. The stock last traded at $38.97, up 0.40% on the session, giving a market capitalisation of $4.0M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Trust's portfolio is predominantly comprised of tangible gold bullion, which is securely held by the Mint. This gold is fully allocated and free of any liens, signifying direct ownership. Crucially, this "Sprott ESG Approved Gold" adheres to specific environmental, social, and governance (ESG) benchmarks and criteria defined by the Sponsor. Unlike other funds, the Trust strictly refrains from engaging in the trading of gold derivatives such as futures, options, or swap contracts, whether these are transacted on futures exchanges or through over-the-counter (OTC) agreements.
Sprott Esg Gold Etf is most often compared with the following Financial Services names: