iShares Physical Gold GBP Hedged ETC

Commodity
Commodity
IGLG

iShares Physical Gold GBP Hedged ETC

  • NAV as of 20/Oct/2026
    GBP 65.3952 WK: 63.21 - 86.33
  • 1 Day NAV Change as of 20/Oct/2026
    GBP -0.37(-0.56%)
  • NAV Total Return as of 20/Oct/2026
    YTD: -6.41%

Please note that as of 10th Feb 2026, the 2025 performance value has been corrected to reflect the fact that in accordance with the terms of the prospectus a NAV is not calculated for the product when the underlying gold price is not available (31st December).

  • NAV as of 20/Oct/2026
    GBP 65.3952 WK: 63.21 - 86.33
  • 1 Day NAV Change as of 20/Oct/2026
    GBP -0.37(-0.56%)
  • NAV Total Return as of 20/Oct/2026
    YTD: -6.41%

Please note that as of 10th Feb 2026, the 2025 performance value has been corrected to reflect the fact that in accordance with the terms of the prospectus a NAV is not calculated for the product when the underlying gold price is not available (31st December).

WHY IGLG?

  1. Exposure to the price of physical gold
  2. Valued based on the London Bullion Market Association (LBMA) gold price
  3. Hedged back to GBP

INVESTMENT OBJECTIVE

The ETC securities aim to provide investment exposure to physical gold and are valued based on the London Bullion Market Association (LBMA) gold price.  

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: The value of your investment will vary and your initial investment amount cannot be guaranteed, The securities issued by iShares Physical Metals plc are limited recourse obligations which are payable solely out of the underlying secured property. If the secured property is insufficient any outstanding claims will remain unpaid. ETCs will seek exposure to a limited number of market sectors. Compared to investments which spread investment risk more generally through a variety of sectors, price movements may have a greater effect on the overall value of the investment. Precious metal prices are generally more volatile than most other asset classes, making investments riskier and more complex than other investments.
ETCs trade on exchanges like securities and are bought and sold at market prices which may be different to the net asset values of the ETCs.

The index is not a benchmark within the meaning of Regulation (EU) 2016/1011.

Performance

This chart shows the product’s performance as the percentage loss or gain per year over the last 3 years against its benchmark. It can help you to assess how the product has been managed in the past and compare it to its benchmark.

20212022202320242025
Total Return (%) GBP
12.3
25.8
65.9
Index (%) GBP
13.4
25.1
66.4

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETC which may not be the same as the market price of the ETC. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Risks

The prices of commodities tend to experience greater variations than other asset classes (e.g. equities or fixed income securities). Investments in commodities are therefore potentially riskier than other types of investments.Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Product to financial loss.Issuer Default Risk: The issuer may fail to perform or comply with one or more of its material obligations, including payment of sums due and delivery of any metal due, which may expose the Product to financial loss.Currency hedging seeks to reduce the exposure of currency hedged securities to exchange rate fluctuations between the currency in which the securities are denominated and the currency in which the price of the relevant metal is quoted. There may be a cost for entering into such hedges, hedging may not fully eliminate exchange rate risks or fluctuations and, depending on movements in exchange rates, such currency hedging may negatively impact the value of the relevant securities.

Key Facts

Net Assets of Fund
as of 20/Oct/2026
GBP 954,861,816
Base Currency
GBP
Index
ICE LBMA Gold GBP Hedged Index (GBP)
Tonnes in Trust
as of 21/Oct/2026
9.65
Daily Metal Entitlement per Security
as of 21/Oct/2026
0.021243566
ISIN
IE000Q2P3ZQ3
Domicile
Ireland
Rebalance Frequency
None
UCITS
No
Issuing Company
iShares Physical Metals plc
Administrator
State Street Bank and Trust Company
Fiscal Year End
30 April
SIPP Available
Yes
UK Reporting Status
Yes
Fund Launch Date
05/Jul/2022
Asset Class
Commodity
Shares Outstanding
as of 20/Oct/2026
14,602,700
Ounces in Trust
as of 21/Oct/2026
310,213.42
Total Expense Ratio
0.25%
Use of Income
No Income
Product Structure
Physical metal
Methodology
Physical Replication
UCITS Eligible
Yes
Arranger
BlackRock Advisors (UK) Limited
Custodian
JPMorgan Chase Bank N.A., London Branch
Bloomberg Ticker
IGLG LN
ISA Eligibility
Yes

Portfolio Characteristics

Index Level
as of 21/Oct/2026
GBP 2,792.32
Index Ticker
GOLDGBPH

Risk Indicator

1
2
3
4
5
6
7
Low RiskHigh Risk
Typically low rewardsTypically high rewards

Registered Locations

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Luxembourg

  • Netherlands

  • Norway

  • Saudi Arabia

  • Spain

  • Sweden

  • United Kingdom

Listings

Exchange
Ticker
Currency
Listing Date
SEDOL
Bloomberg Ticker
RIC
London Stock ExchangeIGLGGBP07/Jul/2022BP8Z3M4IGLG LNIGLG.L

1 to 1 of 1

If the Fund invests in any underlying fund, certain portfolio information, including sustainability characteristics and business-involvement metrics, provided for the Fund may include information (on a look-through basis) of such underlying fund, to the extent available.

As at 1 November 2022, the authorised participants are: Flow Traders B.V., Optiver V.O.F, Jane Street Financial Limited, Morgan Stanley & Co. International plc.

In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20-549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded. For Ireland and only in relation to Per Se Professionals and/or Eligible Counterparties (i.e., Professional Investors), this may also be issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel: + 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the UK and Non-European Economic Area (EEA) countries (excluding Switzerland),: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel: + 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.This is Marketing Material. iShares Physical Metals plc (the company) are open-ended investment companies with variable capital having segregated liability between their funds organised under the laws of Ireland and authorised by the Central Bank of Ireland. The Prospectus (Available in French, German, Polish and English Languages) Key Investor Information document (UK only), PRIIPs KID and further information about the Fund and the Share Class, such as details of the key underlying investments of the Share Class and share prices, is available on the iShares website at www.ishares.com or by calling +44 (0)845 357 7000 or from your broker or financial adviser. The indicative intra-day net asset value of the Share Class is available at http://deutsche-boerse.com and/or http://www.reuters.com. Investors who are not Authorised Participants must buy and sell shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees and additional taxes in doing so. In addition, as the market price at which the Shares are traded on the secondary market may differ from the Net Asset Value per Share, investors may pay more than the then current Net Asset Value per Share when buying shares and may receive less than the current Net Asset Value per Share when selling them. Precious metal prices are generally more volatile than those of most other asset classes. Investments in precious metals therefore carry greater risks and are more complex than other investments. The value and secondary market price of ETC securities can exhibit similar volatility. Investors face the same risks generally associated with direct investments in precious metals, including supply and demand disruptions affecting liquidity, natural disasters, and localized political and economic situations in their country of origin.

The securities are priced in US dollars, and their value in other currencies is affected by exchange rate fluctuations. Please note that the amount and basis of taxation, as well as regulations regarding tax relief, are subject to change. The ETCs mentioned in this document may not be suitable for all investors. Investments in these ETCs involve significant risks. Investors should carefully review and familiarize themselves with the information on risk factors in the base prospectus. Past performance is not indicative of future results and should not be the sole factor in selecting a product.

The securities issued by iShares Physical Metals plc are limited recourse bonds, payable only from the underlying secured property. If the secured property is insufficient, the outstanding claims will remain unpaid. Investors should understand all characteristics of the funds objective before investing, if applicable this includes sustainable disclosures and sustainable related characteristics of the fund as found in the prospectus, which can be found www.blackrock.com on the relevant product pages for where the fund is registered for sale. BlackRock and/or the Management Company may terminate marketing at any time. For information on investor rights and how to raise complaints please go to https:// www.blackrock.com/corporate/compliance/investor-right available in in local language in registered jurisdictions UCITS HAVE NO GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE THE FUTURE ONES

This document is marketing material and will expire 12 months after issueAny research in this document has been procured and may have been acted on by BlackRock for its own purpose. The results of such research are being made available only incidentally. The views expressed do not constitute investment or any other advice and are subject to change. They do not necessarily reflect the views of any company in the BlackRock Group or any part thereof and no assurances are made as to their accuracy

This document is for information purposes only and does not constitute an offer or invitation to anyone to invest in any BlackRock funds and has not been prepared in connection with any such offer.© 2026 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, and iSHARES are trademarks of BlackRock, Inc. or its affiliates All other trademarks are those of their respective owners