# Royal Mint Responsibly Sourced Physical Gold ETC (RMAP) **Page:** https://fundology.uk/fund/rmap · ISIN XS2115336336 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, RMAP (Royal Mint Responsibly Sourced Physical Gold ETC, ISIN XS2115336336) closed at £28.91 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its price changed by +109.1% (income paid out is not included), or +63.2% after UK CPIH inflation. ## Summary Royal Mint Responsibly Sourced Physical Gold ETC is an exchange-traded commodity (ETC) from HANetf, launched in 2020. 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 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Latest close: **£28.91** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | RMAP | | ISIN | XS2115336336 | | Also listed as | RMAU (London Stock Exchange, US dollars), RM8U (Xetra, euros) | | Category | Gold & commodities | | Type | ETC | | Provider | HANetf | | Tracks | LBMA Gold Price PM - USD - Benchmark Price Return | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £1.2bn | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/02/2020 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -3.80% | -7.21% | income reinvested | | 3 years | +90.80% | +72.38% | income reinvested | | 5 years | +109.06% | +63.18% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Royal Mint Responsibly Sourced Physical Gold ETC in pounds (price only; the fund pays no income): 2022 +11.7%, 2023 +7.1%, 2024 +30.8%, 2025 +50.0%; 2026 to 13/11/2026 −8.4%. Returns of Royal Mint Responsibly Sourced Physical Gold ETC in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +8.3%; to 30/09/2025: +45.3%; to 30/09/2024: +30.0%; to 30/09/2023: +1.0%; to 30/09/2022: +15.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +11.7% | +2.3% | Price | | 2023 | +7.1% | +2.8% | Price | | 2024 | +30.8% | +26.4% | Price | | 2025 | +50.0% | +44.9% | Price | | 2026 to 13/11/2026 | -8.4% | -11.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 21.77% | -25.20% | | 3 years | 17.59% | -25.20% | | 5 years | 15.83% | -25.20% | ## Largest fall Volatility of Royal Mint Responsibly Sourced Physical Gold ETC in pounds, annualised from weekly returns to 13/11/2026: 21.8% over 1 year, 17.6% over 3 years, 15.8% over 5 years. Largest fall in the price of Royal Mint Responsibly Sourced Physical Gold ETC since November 2021, in pounds: −25.2% from 27/02/2026 to 30/10/2026. The lowest 12-month return of Royal Mint Responsibly Sourced Physical Gold ETC in pounds (price only; the fund pays no income) since January 2021 was −5.9% (12 months to 13/11/2026); the highest was +71.2% (12 months to 27/02/2026). On 13/11/2026 the price of Royal Mint Responsibly Sourced Physical Gold ETC was 24.5% below its highest weekly close since November 2021 (27/02/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Royal Mint Responsibly Sourced Physical Gold ETC 0.25% a year. Compared on 14/11/2026, 116 of the 149 other gold and commodity funds charge more, 4 the same and 29 less (share classes counted once). ## 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 | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Physical Gold ETC | 0.12% | -7.3% | +84.9% | +109.2% | | Gold Bullion Securities | 0.40% | -7.5% | +83.4% | +106.3% | | Invesco Physical Gold ETC | 0.12% | -3.7% | +91.6% | +116.7% | | Invesco Physical Gold GBP Hedged ETC | 0.35% | -3.9% | +100.8% | — | | iShares Gold ETF (CH) Class A | 0.19% | -3.2% | +91.3% | +116.4% | | iShares Physical Gold ETC | 0.12% | -3.7% | +91.6% | +116.7% | | iShares Physical Gold GBP Hedged ETC | 0.25% | -3.6% | — | — | | Raiffeisen ETF - Solid Gold Ounces Klasse -A CHF Hedged | 0.27% | -6.4% | +78.5% | +117.0% | | Royal Mint Responsibly Sourced Physical Gold ETC (this fund) | 0.25% | -3.8% | +90.8% | — | | Swisscanto (CH) Gold ETF Anteile -EAH (GBP)- | 0.40% | +1.7% | +104.3% | +111.7% | | UBS ETF (CH) - UBS Gold ETF Units -USD acc- | 0.23% | -3.3% | +91.1% | +116.0% | | UBS Gold hCHF ETF Units -CHF acc- | 0.36% | -12.8% | +78.1% | +93.5% | | UBS Gold hEUR ETF Units -EUR acc- | 0.31% | -10.2% | +84.6% | +85.9% | | Wisdomtree Core Physical Gold | 0.12% | -7.3% | +84.9% | — | | WisdomTree Physical Gold | 0.39% | -7.5% | +83.4% | +106.4% | | WisdomTree Physical Swiss Gold | 0.15% | -7.3% | +84.8% | +108.9% | | Xtrackers IE Physical Gold ETC | 0.11% | -3.7% | +91.6% | — | | Xtrackers IE Physical Gold GBP Hedged ETC | 0.33% | -3.9% | +100.7% | — | | Xtrackers Physical Gold ETC 2010-15.6.60 Physical Gold Commodity | 0.25% | -3.3% | +90.9% | +115.8% | | Xtrackers Physical Gold GBP Hedged ETC | 0.69% | -4.1% | +99.7% | +100.7% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of RMAP?** The ongoing charge of RMAP is 0.25% a year — about £25 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 Royal Mint Responsibly Sourced Physical Gold ETC 0.25% a year. Compared on 14/11/2026, 116 of the 149 other gold and commodity funds charge more, 4 the same and 29 less (share classes counted once). **What does RMAP track?** RMAP tracks the LBMA Gold Price PM - USD - Benchmark Price Return — the price of gold. **What is the ISIN of RMAP?** The ISIN of RMAP is XS2115336336. An ISIN identifies one exact share class of a fund; RMAP is its ticker on the London Stock Exchange. The same share class is also listed as RMAU (London Stock Exchange, US dollars) and RM8U (Xetra, euros). **What were RMAP’s returns in each of the last five years?** Calendar-year returns of RMAP in pounds (price only; the fund pays no income): 2022 +11.7%, 2023 +7.1%, 2024 +30.8%, 2025 +50.0%; 2026 to 13/11/2026 −8.4%. Past performance is not a guide to future returns. **How has RMAP done after inflation?** Over the five years to 13/11/2026 RMAP’s price changed by +109.1% (income paid out is not included), or +63.2% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.