RMB's Krugerrand Custodial Certificate matured in August 2024. Consequently, this product, which was previously listed on the JSE in the ETF sector, is no longer available.
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Rate is the NAV from the day before and is updated each day (after 11am)
Think of the KCC as your online safety deposit box for gold. Investors could invest in and take physical delivery of their gold coins via the JSE without worrying about storage. By paying an upfront storage fee for 10 years, investors avoided annual management fees.
Krugerrand holdings remained constant, and investment performance was directly tied to the gold price.
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