Nordheim Guld ETC

Nordheim Guld ETC is a physically backed ETC providing exposure to LBMA-certified gold held in custody by J.P. Morgan Chase Bank N.A., London.

Listed in SEK on Nasdaq Stockholm, the product is designed to provide exposure to gold with institutional standards and can be held through ISK, Capital Insurance Accounts, and traditional brokerage accounts with Swedish brokers.


“If you don’t own gold, you know neither history nor economics.”

— Ray Dalio

Founder of Bridgewater Associates, one of the world's largest hedge funds.

Exchange Traded Commodities

Why Invest in Nordheim Guld ETC Instead of Owning Physical Gold?

A physically backed ETC provides exposure to the price of gold without the need to purchase, store, or insure the metal yourself.

Instead, the product is traded directly on Nasdaq Stockholm, making it easy to buy and sell through brokers such as Avanza and Nordnet.

At the same time, Nordheim Guld ETC offers exposure to physical gold through an exchange-traded structure with institutional-grade custody, high transparency, and daily liquidity.

  • With Nordheim Guld ETC, you can gain exposure to the price of gold directly through your bank or broker, without having to arrange transportation, storage, or authenticity verification of the underlying metal.

    You can also easily increase or reduce your holding throughout the trading day during Nasdaq Stockholm's opening hours, providing a simple and efficient way to access the gold market.

  • Owning physical gold involves a range of practical considerations, including storage, insurance, security, and logistics.

    Nordheim Guld ETC is designed to address these challenges on your behalf, providing exposure to gold through a professionally managed structure with institutional-grade custody and security.

  • Nordheim Guld ETC is designed to be straightforward and easy to understand. The value of the product is linked to the price of gold and is based on an established structure with clearly defined processes.

    Investors benefit from a liquid exchange-traded commodity and a published Net Asset Value (NAV), calculated and disclosed after each trading day.

  • When owning physical gold directly, investors may face wide bid-ask spreads, repurchase terms, and other transaction costs that can make buying and selling both more expensive and less efficient.

    Nordheim Guld ETC is traded on Nasdaq Stockholm just like a stock, providing investors with a liquid and transparent way to gain exposure to gold. During opening hours, the product is priced continuously in relation to the underlying gold price.

    Unlike physical gold ownership, investors do not need to source a buyer or seller, arrange logistics, or manage the practical challenges associated with transacting in physical gold.

  • Owning physical gold directly often requires investors to track and document every individual purchase and sale transaction for tax purposes.

    Nordheim Guld ETC is traded and held as a security within your chosen investment account, making it easier to monitor your holdings and manage your investments.

    For investors using an ISK or Capital Insurance Account, individual transactions do not need to be reported separately, simplifying tax administration compared with direct ownership of physical gold.

Product Information

Laddar produktstatistik (guld)…

Nordheim Guld ETC

Learn More About NAV Calculation in Structure & Securityâž”

Investments in ETCs involves risk. The products do not provide capital protection, and their value may rise or fall, meaning you could lose part or all of your invested capital. Returns are affected by, among other factors, the performance of the underlying metal and, where applicable, currency fluctuations and fees. ETCs are exchange-traded securities, and their characteristics, terms, and risks are described in the Prospectus and Key Information Document (KID). Please read these documents carefully before investing and ensure that you understand the product's structure, costs, and relevant risk factors.Past performance is not a reliable indicator of future results. If necessary, seek independent financial, legal, or tax advice before making an investment decision.

Questions?

Speak with Henry

As a Swedish issuer, we are always close at hand to answer any questions you may have about investing in Nordheim's products.

Henry M. Forelius
Head of Investor Relations

h@nordheimcapital.com
+46 70-414 62 99

Strategic Diversification and
Long-Term Inflation Protection

Why Gold?

For centuries, gold has served as a globally recognised store of value and a highly liquid asset. Within a diversified portfolio, gold is often used as an alternative asset class due to its historically low correlation with traditional assets such as equities and bonds, particularly during periods of heightened uncertainty.

The market is characterised by limited annual mined gold and a large existing above-ground stock, which contributes to the metal's long-term stability and unique market dynamics.

Gold also plays a central role in the global financial system. Significant holdings by central banks and institutional investors reinforce its position as a strategic asset for portfolio construction and risk management.

Read the Full Risk Information in the Prospectus âž”

Photo: Bank of England

How to invest

Our products can be held through ISK, Capital Insurance Accounts, and traditional brokerage accounts with a range of brokers. Additional platforms will be added over time.

Structure & Security

What is LBMA?

LBMA stands for London Bullion Market Association and is the global standard for trading physical gold and silver.

The organisation establishes the requirements that determine what qualifies as high-quality precious metals, known as Good Delivery.

These standards include criteria for purity, weight, origin, and handling.

LBMA is also responsible for the international benchmark prices used daily by banks, institutions, and market participants around the world.

Learn more about Structure & Security âž”

Where are the precious metals stored?

The precious metals are held in custody by J.P. Morgan Chase Bank N.A., London, one of the world's leading custodians of precious metals.

The metals are stored in high-security vaults and in accordance with LBMA standards, ensuring strict controls over quality, handling, and reporting.

As a global institution, J.P. Morgan Chase Bank N.A., London provides the infrastructure used by central banks and some of the world's largest asset managers.

Learn more about Structure & Security âž”

The Team Behind Nordheim Capital

Nordic Asset Management

We are a dedicated team with extensive experience in asset management, financial markets, and product development, combining Nordic roots with institutional standards.

How to invest

Our products can be held through ISK, Capital Insurance Accounts, and traditional brokerage accounts with a range of brokers. Additional platforms will be added over time.