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

SWITZ

Julius Baer Precious Metals Fund - JB Physical Gold Fund falls for a second consecutive day, a two-day fall of 1.9% 18 October, 2017

NEWS BITES - ETF

Julius Baer Precious Metals Fund - JB Physical Gold Fund (SIX:JBGOCA), the 53rd largest Exchange Traded Fund by market cap in Switzerland, has fallen CHF3.21 (0.3%) for a second consecutive day on Wednesday. This brought its two-day fall to CHF23.44 (1.9%), compared with the Morgan Stanley Capital International Switzerland Index which rose 9.4 points (0.35%) in the two days for a relative price change of -2.2%. The fall was exacerbated by a cumulative 2-day volume of 4.1 times the average 2-day volume of 856 units. The ETF last traded at CHF1,221.05.

Price Change %1 Month3 Month6 Month1 Year
JBGOCA-2.22.3-2.1-1.4
MSCI SWITZERLAND2.94.010.118.5

SECTION 1

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

Technicals:

+ The price decreased 0.3% in the last week. The fall has been exacerbated by robust volume of 1.8 times average for the week.

+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 1,228.76 minus the 26-day EMA of 1,232.04 is negative 3.28 suggesting a bearish signal. Both EMA prices are falling, another bearish signal.

+ The present value of CHF1,000 (PV1000) invested five years ago in Julius Baer Precious Metals Fund - JB Physical Gold Fund is CHF651, including a capital loss of CHF349 and dividend reinvested of 7c.

+ 5 years Multiplier in CHF = 0.651x

+ Compound Annual Growth Rate (CAGR) in CHF = -8.2%

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 $US616, including a capital loss of $US384 and dividend reinvested of 7c.

+ 5 years ago CHF 1 equalled USD 1.0755

+ 5 years Multiplier in USD = 0.616x

+ Compound Annual Growth Rate (CAGR) in USD = -9.2%

SECTION 2

PRICE VOLUME DYNAMICS

2.1 Technicals:

+ Volume: there were 2,460 units worth CHF3 million (US$3.1 million) traded today. In the past week, volume was 1.8 times average and the units were down 0.3%. The fall was exacerbated by strong volume of 2.9 times the average daily volume of 856 units.

+ Julius Baer Precious Metals Fund - JB Physical Gold Fund is at a discount of 5.4% to its 12-month high of CHF1,291.17 on September 08. It is also at a premium of 11.0% to the 12-month low of CHF1,100.19 on December 15, 2016.

+ 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.

PV10001-week1-month1-year
JBGOCA.S997978986
Morgan Stanley Capital International World Index [MSCI World]1,0031,0201,192
Morgan Stanley Capital International Switzerland Index1,0051,0241,185

2.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverCHF3 million (US$3.1 million)In 2nd Quartile

2.3 Year-on-Year Comparison (Trailing year - ended 29 Sep)

In the past 5 years, JBGOCA has declined 35.4% from 1,902.85 to 1,229.66, an average annual compound fall of 8.4%.

201720162015201420132012
Close1,229.661,297.571,150.951,272.881,414.741,902.85
% Price Change-5.212.7-9.6-10-25.77.5
Avg Daily Volume5175458461,0193,2323,970
VWP1,206.031,236.171,224.611,353.711,614.231,797.95
Turnover Period3 yrs 10 mo6 yrs 8 mo3 yrs 7 mo3 yrs 7 d10 mo10 mo
Price Range1,100.19 - 1,310.761,057.05 - 1,366.321,097.1 - 1,353.41,255.09 - 1,458.511,260.87 - 1,927.421,648.32 - 1,966.69

In the past 5 years average daily volume has declined 87% from 3,970 units to 517 units. Turnover period has increased from 10 months to 3 years 10 months.

SECTION 3

RANKING

3.1 Global Rank out of 5,706 ETFs

The present value of $US1,000 invested a year ago is $US995, ranking it 3880 out of 5,706 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 32.

DescriptionValueRankQuartile
Net Assets (US$)1.9B373Top
Price/NAV1.01727Second
Rel Strength 6 Mo (US$)323887Third
PV$1000 (1Year) US$*9953880Third

* 1 year ago CHF 1 equalled USD 1.009

Oct 18, 2017: CHF 1 equals USD 1.0185

3.2 Rank in the Total Switzerland ETF Market [out of 508 ETFs]

DescriptionValueRank
Net Assets (CHF)1.9B61
Rel Strength 6 Mon (CHF)42295
PV1000-1Year (CHF)986215

SECTION 4

PROFILE

4.1 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.

4.2 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

4.3 Management Fees

+ The management fee is 0.4% of total assets

JBGOCA.S

Source: www.BuySellSignals.com