SMO Physical Gold ETC

European ETF provider Tabula Investment Management Limited (“Tabula”) in conjunction with SMO has launched the world’s most transparent and ESG-focused physical gold ETC, the SMO Physical Gold ETC.

From Mine to Vault

The SMO Physical Gold ETC (Bloomberg: BARS LN) is the first exchange-traded physical gold product to offer full traceability of gold bars from mine to vault, using a small number of SMO selected mines adhering to the highest ESG standards. The SMO Physical Gold ETC is designed to provide the same level of liquidity, efficiency and security as existing physical gold ETCs.

Positive Investment

“Gold production is highly fragmented with multiple countries, companies and mines producing the precious metal. Quality control has historically focused on ensuring purity of the metal in the bars. However, with only 4% of gold being traceable there are serious ESG risks in the gold supply chain from potential human rights abuses, environmental degradation, possible financing of conflict and terrorism, money laundering and sanctions evasion. Some of the world’s largest major gold producers fail basic ESG screens, and existing standards in the gold industry are not sufficient.”

Michael John Lytle
CEO Tabula


Full Traceability

“The only way to properly assess the social and environmental impacts of gold is to have full traceability across the supply chain. Proper accountability is not possible without this degree of transparency. The launch of the SMO Physical Gold ETC addresses the shortcomings of many existing gold investment options, by only sourcing gold from mines adhering to international best practice and openly sharing their ESG data.”

Charlie Betts
Co-Founder SMO


About the ETC

The SMO Physical Gold ETC (Bloomberg: BARS LN) lists on the London Stock Exchange on 22 April 2024 with US$50 million in assets. It has a TER of 0.29% and has been launched in partnership with leading global gold custodian HSBC.


SMO Physical Gold ETC
Issuer : Zipa Precious Metals plc
Distributor : Tabula Investment Management Limited
Base Currency : USD
Trading Currency : USD
Exchange : London Stock Exchange
TER : 0.29%
ISIN : XS2792094604
Ticker : BARS LN
Index : LBMA Gold PM Fixing
Index Ticker : XAUFIX

BARS LN are fully traceable to audited mines operating to the highest ESG standards, and guaranteed to be mercury free, not of Russian origin and devoid of 'recycled gold' content.