Global exchange-traded fund - Julius Baer Precious Metals Fund - JB Physical Gold Fund

SWITZ

Julius Baer Precious Metals Fund - JB Physical Gold Fund underperforms 89% of the market 15 June, 2018

NEWS BITES - ETF

Julius Baer Precious Metals Fund - JB Physical Gold Fund (SIX:JBGOCA), the 50th largest Exchange Traded Fund by market cap in Switzerland, has decreased CHF21.60 (or 1.8%) from its last trading session of June 14, 2018 to close at CHF1,192.60. Compared with the Morgan Stanley Capital International Switzerland Index [MSCI SWITZERLAND] which fell 13.7 points (0.5%) in the day, the relative price change was -1.2%. The volume was 0.4 times the average daily trading of 896 units. In the ETF market of 3,776 ETFs traded today, the ETF has a 2-month relative price strength of 11 indicating it has underperformed 89% of the market. A price fall combined with a low relative strength is a bearish signal.

Price Change %1 Month3 Month6 Month1 Year
JBGOCA-1.3-3.70.2-1.4
MSCI SWITZERLAND-3.3-0.1-4.91.0

THE PAST FIVE YEARS

Julius Baer Precious Metals Fund - JB Physical Gold Fund slumps 19% in 5 years

Julius Baer Precious Metals Fund - JB Physical Gold Fund (S:JBGOCA), has slumped CHF282.33 (or 19.1%) in the past five years to close at CHF1,192.60 today. Compared with the Morgan Stanley Capital International Switzerland Index which has risen 31.5% over the same period, this is a relative price change of -50.7%.

SECTION 1

JULIUS BAER PRECIOUS METALS FUND - JB PHYSICAL GOLD FUND BEARISH SIGNALS

1.1 Technicals:

+ The price decreased 1.5% in the last week and 1.3% in the last month.

+ The present value of CHF1,000 (PV1000) invested five years ago in Julius Baer Precious Metals Fund - JB Physical Gold Fund is CHF809, including a capital loss of CHF191 and dividend reinvested of 9c.

+ 5 years Multiplier in CHF = 0.809x

+ Compound Annual Growth Rate (CAGR) in CHF = -4.2%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in Julius Baer Precious Metals Fund - JB Physical Gold Fund is $US749, including a capital loss of $US251 and dividend reinvested of 8c.

+ 5 years ago CHF 1 equalled USD 1.0828

+ 5 years Multiplier in USD = 0.749x

+ Compound Annual Growth Rate (CAGR) in USD = -5.6%

1.2 Low Performance Indicators:

DescriptionValueRank In Market
Price/MAP500.97In Bottom Quartile
Price Change %-1.8In Bottom 7%

SECTION 2

JULIUS BAER PRECIOUS METALS FUND - JB PHYSICAL GOLD FUND BULLISH SIGNALS

Technicals:

Oversold/Bullish/Support Signals:

+ At CHF1,192.60 the price is below the lower Bollinger band support of CHF1,197.78, indicating an upside for it to return to the band.

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 353 units worth CHF420,988 (US$422,040) traded today. In the past week, volume was 0.5 times average and the units were down 1.5%. The volume was 0.4 times the average daily trading of 896 units.

+ Julius Baer Precious Metals Fund - JB Physical Gold Fund is at a discount of 7.6% to its 12-month high of CHF1,291.17 on September 08, 2017. It is also at a premium of 3.0% to the 12-month low of CHF1,158.10 on July 10, 2017.

+ The present value of CHF1,000 (PV1000) invested one year ago in Julius Baer Precious Metals Fund - JB Physical Gold Fund is CHF986, for a capital loss of CHF14.

A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International Switzerland Index [MSCI SWITZERLAND] is shown below:

PV10001-week1-month1-year
JBGOCA.S985987986
MSCI World1,0021,0111,118
MSCI SWITZERLAND1,0169901,010

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverCHF420,988 (US$422,040)In 2nd Quartile

3.3 The Best 3 weeks in the past quarter [Relative Price Change or RPC]

Mon-FriChange %MSCI SWITZERLAND Change %RPC %Vol Ind [1 is avg]
Mar 19-232.5-3.35.80.3
Apr 09-131.21.200.7
May 07-1111.5-0.50.4

3.4 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]

Mon-FriChange %MSCI SWITZERLAND Change %RPC %Vol Ind [1 is avg]
May 14-18-2.7-0.5-2.10.4
Apr 23-27-10.8-1.80.4
Apr 30-May 04-10.7-1.60.2

3.5 Trailing 3 months

TurnoverUS$27.9 million
Volume22,532
Volume Index (1 is avg)0.4

3.6 Trailing Price Change %

3-Year price change for JBGOCA was -1.4%. Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 21% in the 3 years, the relative price change was -22.4%.

Price Change %QuarterYear3 Years
JBGOCA-3.7-1.4-1.4
MSCI World0.31121

3.7 Year-on-Year Comparison (Trailing year - ended 31 May)

In the past 5 years, JBGOCA has declined 18.1% from 1,481.84 to 1,213.6, an average annual compound fall of 3.9%.

201820172016201520142013
Close1,213.61,222.091,210.771,217.41,313.071,481.84
% Price Change-0.70.9-0.5-7.3-11.4-11.2
Avg Daily Volume4705935678201,6593,402
VWP1,228.511,239.811,168.011,279.41,381.491,714.1
Turnover Period4 yrs 51 d3 yrs 2 mo6 yrs 2 mo2 yrs 3 mo1 yr 37 d5 mo
Price Range1,158.1 - 1,291.171,100.19 - 1,366.321,057.05 - 1,300.841,176.82 - 1,411.511,255.09 - 1,516.871,436.54 - 1,927.42

In the past 5 years average daily volume has declined 86.2% from 3,402 units to 470 units. Turnover period has increased from 5 months to 4 years 51 days.

SECTION 4

RANKING

4.1 Global Rank out of 5,525 ETFs

The present value of $US1,000 invested a year ago is $US957, ranking it 3995 out of 5,525 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 75.

DescriptionValueRankQuartile
Net Assets (US$)1.9B412Top
Rel Strength 6 Mo (US$)751354Top
PV$1000 (1Year) US$*9573995Third

* 1 year ago CHF 1 equalled USD 1.032

Jun 15, 2018: CHF 1 equals USD 1.0025

4.2 Rank in the Total Switzerland ETF Market [out of 473 ETFs]

DescriptionValueRank
Rel Strength 6 Mon (CHF)56208
PV1000-1Year (CHF)986203

SECTION 5

PROFILE

5.1 Description

JB Physical Gold Fund is an ETF incorporated in Switzerland. The Fund invests only in physically allocated gold, primarily in standard 400-ounce bars. The gold is stored in high-security vaults in Switzerland. Other gold exposure, i.e. derivatives etc. is not allowed. CHF and EUR share classes feature currency hedging against the USD.

5.2 SNAPSHOT

Julius Baer Precious Metals Fund - JB Physical Gold Fund (SIX:JBGOCA)

ISIN: CH0044781232

Inception DateOctober 24, 2008
Expense Ratio0.4% of average net assets
CategoryCommodity-Precious Metals
Fund Family NameSwiss & Global Asset Management
Index Trackedphysical gold
Asset ClassCommodity ETF

5.3 Contact details

Websitehttp://www.juliusbaer.com/
Physical AddressBank Julius Bä r & Co. AG Bahnhofstrasse 36 8010 Zurich SWITZERLAND
Phone41 (0) 58 888 73 80
Emailstephan.mueller@juliusbaer.com

5.4 ETF Summary

LastCHF1,214.20
Volume1,560
Volume Index (1 is avg)1.7
Market CapCHF585.2 million [US$594.3 million]
52-Week Range1,158.10 - 1,291.17
Units Outstanding482,000
Relative Strength (3 mo)19

5.5 Management Fees

+ The management fee is 0.4% of total assets

JBGOCA.S

Source: www.BuySellSignals.com