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

SWITZ

Julius Baer Precious Metals Fund - JB Physical Gold Fund rises for a second consecutive day, a two-day rise of 1.0% 20 September, 2018

NEWS BITES - ETF

Julius Baer Precious Metals Fund - JB Physical Gold Fund (SIX:JBGOCA), the 46th largest Exchange Traded Fund by market cap in Switzerland, has risen CHF2.80 (0.3%) for a second consecutive day on Thursday. This brought its two-day rise to CHF10.80 (1.0%), compared with the Morgan Stanley Capital International Switzerland Index [MSCI SWITZERLAND] which rose 24.0 points (0.91%) in the two days for a relative price increase of 0.1%. Cumulative volume in the 2 days was 0.3 times the average 2-day volume of 454 units. The ETF last traded at CHF1,113.0. Its MCap is CHF536.5 million (US$556.7 million).

JBGOCAToday1 Day agoWeek agoMonth ago
Price, CHF1,113.01,102.21,110.81,097.4
MSCI SWITZERLAND2,673.182,655.232,662.572,687.82

THE PAST TWO YEARS

Julius Baer Precious Metals Fund - JB Physical Gold Fund accelerates decline, down 14% in 2 years

Julius Baer Precious Metals Fund - JB Physical Gold Fund (S:JBGOCA), has plummeted CHF184.14 (14.2%) over the past two years, compared with the Morgan Stanley Capital International Switzerland Index which rose 375.1 points (16.3%) in the two years for a relative price change of -30.5%. The units fell CHF44.45 (3.4%) a year ago and CHF139.69 (11.2%) in the past year to close at CHF1,113.0 today.

SECTION 1

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

Technicals:

+ The price increased 0.2% in the last week and 1.4% in the last month.

+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 1,107.22 minus the 26-day EMA of 1,105.84 is positive 1.38 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.

SECTION 2

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

2.1 Technicals:

+ The present value of CHF1,000 (PV1000) invested one year ago in Julius Baer Precious Metals Fund - JB Physical Gold Fund is CHF888, for a capital loss of CHF112.

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.S1,0021,014888
MSCI World1,0129941,090
MSCI SWITZERLAND1,0049911,023

+ The present value of CHF1,000 (PV1000) invested five years ago in Julius Baer Precious Metals Fund - JB Physical Gold Fund is CHF769, including a capital loss of CHF231 and dividend reinvested of 9c.

+ 5 years Multiplier in CHF = 0.769x

+ Compound Annual Growth Rate (CAGR) in CHF = -5.1%

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 $US738, including a capital loss of $US262 and dividend reinvested of 8c.

+ 5 years ago CHF 1 equalled USD 1.0815

+ 5 years Multiplier in USD = 0.738x

+ Compound Annual Growth Rate (CAGR) in USD = -5.9%

2.2 Low Performance Indicator:

DescriptionValueRank In Market
Price/MAP2000.93In Bottom Quartile

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 57 units worth CHF63,441 (US$65,831) traded today. In the past week, volume was 0.2 times average and the units were up 0.2%. The volume was 0.1 times the average daily trading of 454 units.

+ The Julius Baer Precious Metals Fund - JB Physical Gold Fund is at a discount of 7.0% to its 12-month high of CHF1,197.23 traded on December 18, 2017.

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverCHF63,441 (US$65,831)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]
Aug 20-241.20.70.51
Aug 27-310.9-0.71.50.5
Sep 10-140.61.6-10.8

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]
Aug 13-17-2.8-0.3-2.50.8
Jun 18-22-1.2-0.4-0.90.5
Jun 25-29-1.20.1-1.30.1

3.5 Trailing 3 months

TurnoverUS$23.8 million
Volume20,330
Volume Index (1 is avg)0.7

3.6 Trailing Price Change %

3-Year price change for JBGOCA was -3.7%. Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 33.5% in the 3 years, the relative price change was -37.2%.

Price Change %QuarterYear3 Years
JBGOCA-5.9-11.2-3.7
MSCI World3.19.133.5

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

In the past 5 years, JBGOCA has declined 25.1% from 1,486.44 to 1,112.8, an average annual compound fall of 5.6%.

201820172016201520142013
Close1,112.81,250.131,295.821,148.861,346.021,486.44
% Price Change-2.9-8.89.3-12.97.1-25.4
Avg Daily Volume4615566087931,4313,386
VWP1,227.661,234.31,178.171,272.441,378.741,684.37
Turnover Period4 yrs 8 d3 yrs 4 mo6 yrs 3 mo2 yrs 3 mo1 yr 4 mo5 mo
Price Range1,187.17 - 1,291.171,100.19 - 1,336.161,057.05 - 1,366.321,097.1 - 1,353.41,254.95 - 1,490.571,260.73 - 1,927.2

In the past 5 years average daily volume has declined 86.4% from 3,386 units to 461 units. Turnover period has increased from 5 months to 4 years 8 days.

3.8 Beta:

+ Beta: the Beta is 0.1. A Beta lower than 1 suggests this is a low risk, low return ETF with volatility less than that of the market.

SECTION 4

RANKING

4.1 Global Rank out of 5,391 ETFs

The present value of $US1,000 invested a year ago is $US888, ranking it 3917 out of 5,391 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 27.

DescriptionValueRankQuartile
Net Assets (US$)2B397Top
Rel Strength 6 Mo (US$)273932Third
PV$1000 (1Year) US$*8883917Third

* 1 year ago CHF 1 equalled USD 1.0377

Sep 20, 2018: CHF 1 equals USD 1.0377

4.2 Rank in the Total Switzerland ETF Market [out of 389 ETFs]

DescriptionValueRank
Rel Strength 6 Mon (CHF)41228
PV1000-1Year (CHF)888208

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

LastCHF1,110.20
Volume188
Volume Index (1 is avg)0.4
Market CapCHF535.1 million [US$555.3 million]
52-Week Range1,187.17 - 1,197.23
Units Outstanding482,000
Relative Strength (3 mo)12

5.5 Management Fees

+ The management fee is 0.4% of total assets

JBGOCA.S

Source: www.BuySellSignals.com