ETF · Raiffeisen
0AO4 Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged
ISIN CH0134034849London Stock Exchange: 0AO4Vontobel Holding AG
- Gold & commodities
- ETF
- Not usually ISA
- SIPP
- Distributing
- CHF hedged
Latest close
LSECHF 3,113.31
on
- Ongoing charge
- 0.27% a year
- Fund size
- £300m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 0AO4 (Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged, ISIN CH0134034849) closed at CHF 3,113.31 on the London Stock Exchange. Its ongoing charge is 0.27% a year (about £27 on £10,000). Over the five years to 13/11/2026 its total return was +117.0%, or +69.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −6.4%
- −9.7% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +78.5%
- +61.3% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +117.0%
- +69.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,170 on 13/11/2026 — about £1,694 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Charges compared with similar funds
- Ongoing charge
- 0.27%
- a year
- On £10,000
- £27
- a year, roughly
- Over five years
- £134
- of £10,000, before growth
- 36 charge less
- 0 the same
- 113 charge more
Ongoing charge of Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged 0.27% a year. Compared on 14/11/2026, 113 of the 149 other gold and commodity funds charge more, 0 the same and 36 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged is an exchange-traded fund (ETF) from Raiffeisen, launched in 2011.
It tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.27% a year — about £27 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
It is currency-hedged to Swiss francs, not to the pound: it aims to remove most of the effect of exchange-rate moves against Swiss francs, so a holder who counts in pounds still has currency risk.
Gold & commodities: Gold, silver, oil and other raw materials. They pay no dividends or interest — returns come only from price changes.
Terms:ETFIndex fundAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- 0AO4
- ISIN
- CH0134034849
- Provider
- Raiffeisen
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.27% a year · about £27 on £10,000
- Fund size
- £300m
- Launched
- Domicile
- Switzerland
- Can usually be held in
- SIPP
- Check with your platform: each decides which funds it offers.
- Stocks and shares ISA
- Not usually (overseas non-UCITS fund)
- Overseas fund that is not a UCITS recognised in the UK. Check with your platform; HMRC rules may still allow it in a SIPP.
- Currency hedged
- Yes, to Swiss francs
- Price currency
- CHF
- Category
- Gold & commodities
Price chart
Since 09/10/2026, the closing price went from CHF 3,224.00 on 09/10/2026 to CHF 3,113.31 on 13/11/2026 (−3.4%). The lowest close shown was CHF 3,024.00 on 06/11/2026 and the highest CHF 3,268.00 on 16/10/2026.
Closing prices we have recorded since 09/10/2026. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
6 weekly closes, from 09/10/2026 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
20 funds track LBMA Gold Price PM - USD - Benchmark Price Return, this one included and share classes counted once; their ongoing charges range from 0.11% to 0.69% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Physical Gold ETCAccumulating · 0.12% a year | 0.12% | −7.3% | +84.9% | +109.2% |
| Gold Bullion Securities0.40% a year | 0.40% | −7.5% | +83.4% | +106.3% |
| Invesco Physical Gold ETC0.12% a year | 0.12% | −3.7% | +91.6% | +116.7% |
| Invesco Physical Gold GBP Hedged ETCAccumulating · Currency hedged · 0.35% a year | 0.35% | −3.9% | +100.8% | Not reported |
| iShares Gold ETF (CH) Class AAccumulating · 0.19% a year | 0.19% | −3.2% | +91.3% | +116.4% |
| iShares Physical Gold ETC0.12% a year | 0.12% | −3.7% | +91.6% | +116.7% |
| iShares Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.25% a year | 0.25% | −3.6% | Not reported | Not reported |
| Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF HedgedThis fundDistributing · Currency hedged · 0.27% a year | 0.27% | −6.4% | +78.5% | +117.0% |
| Royal Mint Responsibly Sourced Physical Gold ETC0.25% a year | 0.25% | −3.8% | +90.8% | Not reported |
| Swisscanto (CH) Gold ETF Anteile -EAH (GBP)-Distributing · 0.40% a year | 0.40% | +1.7% | +104.3% | +111.7% |
| UBS ETF (CH) - UBS Gold ETF Units -USD acc-Accumulating · 0.23% a year | 0.23% | −3.3% | +91.1% | +116.0% |
| UBS Gold hCHF ETF Units -CHF acc-Accumulating · Currency hedged · 0.36% a year | 0.36% | −12.8% | +78.1% | +93.5% |
| UBS Gold hEUR ETF Units -EUR acc-Accumulating · Currency hedged · 0.31% a year | 0.31% | −10.2% | +84.6% | +85.9% |
| Wisdomtree Core Physical Gold0.12% a year | 0.12% | −7.3% | +84.9% | Not reported |
| WisdomTree Physical Gold0.39% a year | 0.39% | −7.5% | +83.4% | +106.4% |
| WisdomTree Physical Swiss GoldAccumulating · 0.15% a year | 0.15% | −7.3% | +84.8% | +108.9% |
| Xtrackers IE Physical Gold ETC0.11% a year | 0.11% | −3.7% | +91.6% | Not reported |
| Xtrackers IE Physical Gold GBP Hedged ETCCurrency hedged · 0.33% a year | 0.33% | −3.9% | +100.7% | Not reported |
| Xtrackers Physical Gold ETC 2010-15.6.60 Physical Gold Commodity0.25% a year | 0.25% | −3.3% | +90.9% | +115.8% |
| Xtrackers Physical Gold GBP Hedged ETCDistributing · Currency hedged · 0.69% a year | 0.69% | −4.1% | +99.7% | +100.7% |
As of
LBMA Gold Price PM funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Questions people ask
What is the ongoing charge of 0AO4?
The ongoing charge of 0AO4 is 0.27% a year — about £27 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged 0.27% a year. Compared on 14/11/2026, 113 of the 149 other gold and commodity funds charge more, 0 the same and 36 less (share classes counted once).
What does 0AO4 track?
0AO4 tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold.
Is 0AO4 accumulating or distributing?
0AO4 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual.
What is the ISIN of 0AO4?
The ISIN of 0AO4 is CH0134034849. An ISIN identifies one exact share class of a fund; 0AO4 is its ticker on the London Stock Exchange.
How has 0AO4 done after inflation?
Over the five years to 13/11/2026 0AO4’s total return was +117.0%, or +69.4% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SGLNiShares Physical Gold ETC0.12% a year · £28bn
- SGLPInvesco Physical Gold ETC0.12% a year · £21bn
- GLDAAmundi Physical Gold ETC0.12% a year · £9.0bn
- 0VR3Swisscanto (CH) Gold ETF EA CHF0.40% a year · £5.6bn
- PHGPWisdomTree Physical Gold0.39% a year · £5.0bn
- XGDPXtrackers IE Physical Gold ETC0.11% a year · £4.8bn
- 0MKNUBS ETF (CH) - UBS Gold ETF Units -USD acc-0.23% a year · £4.3bn
- SGBXWisdomTree Physical Swiss Gold0.15% a year · £3.9bn
Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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