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

SWITZ

Julius Baer Precious Metals Fund - JB Physical Gold Fund in 3rd consecutive rise, nears one-month high 24 July, 2017

NEWS BITES - ETF

Julius Baer Precious Metals Fund - JB Physical Gold Fund (SIX:JBGOCA), the 51st largest Exchange Traded Fund by market cap in Switzerland, extended its gains on Monday, rising an additional CHF1.20 (0.1%) to trade at CHF1,203.73. The ETF increased 0.6% on Thursday and 0.6% on Friday. This brought its 3-day rise to 1.4%, compared with the Morgan Stanley Capital International Switzerland Index which fell 37.4 points (1.45%) in the three days for a relative price increase of 2.8%. Cumulative volume in the 3 days was 0.1 times the average 3-day volume of 833 units. The ETF is now approaching its 31-day high of CHF1,208.69.

Price Change %1 Month3 Month6 Month1 Year
JBGOCA0.1-2.41.7-8.3
MSCI SWITZERLAND-1.62.510.411.7

SECTION 1

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

Technicals:

+ The price increased 1.2% in the last week and 0.1% in the last month.

+ Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 0.6% for the week and 2.0% for the month, this represented a relative price increase of 2.9% for the week and 1.6% for the month.

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 CHF917, for a capital loss of CHF83.

PV10001-week1-month1-year
JBGOCA.S1,0121,001917
Morgan Stanley Capital International World Index [MSCI World]1,0051,0201,148
Morgan Stanley Capital International Switzerland Index9839881,117

+ The present value of CHF1,000 (PV1000) invested five years ago in Julius Baer Precious Metals Fund - JB Physical Gold Fund is CHF709, including a capital loss of CHF291 and dividend reinvested of 8c.

+ 5 years Multiplier in CHF = 0.709x

+ Compound Annual Growth Rate (CAGR) in CHF = -6.7%

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 $US740, including a capital loss of $US260 and dividend reinvested of 8c.

+ 5 years ago CHF 1 equalled USD 1.0123

+ 5 years Multiplier in USD = 0.74x

+ Compound Annual Growth Rate (CAGR) in USD = -5.8%

2.2 Overbought/Bearish/Resistance Signals:

+ The ETF is overbought according to the Williams % R indicator of -9.8, suggesting the price is close to its 14-day high of CHF1,208.69.

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 194 units worth CHF233,822 (US$247,033) traded today. In the past week, volume was 0.2 times average and the units were up 1.2%. The volume was 0.2 times the average daily trading of 833 units.

+ Julius Baer Precious Metals Fund - JB Physical Gold Fund is at a discount of 11.0% to its 12-month high of CHF1,353.0 on August 03, 2016. It is also at a premium of 9.4% to the 12-month low of CHF1,100.19 on December 15, 2016.

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverCHF233,822 (US$247,033)In 2nd Quartile

3.3 Year-on-Year Comparison (Trailing year - ended 30 Jun)

In the past 5 years, JBGOCA has declined 30.8% from 1,726.91 to 1,195.4, an average annual compound fall of 7.1%.

201720162015201420132012
Close1,195.41,313.761,194.161,379.961,288.751,726.91
% Price Change-910-13.57.1-25.43.8
Avg Daily Volume5536097941,4263,3864,901
VWP1,233.911,178.731,272.091,378.741,684.371,837.7
Turnover Period3 yrs 4 mo6 yrs 3 mo3 yrs 10 mo2 yrs 3 mo8 mo7 mo
Price Range1,100.19 - 1,366.321,057.05 - 1,325.881,176.82 - 1,411.511,255.09 - 1,516.871,260.87 - 1,927.421,637.68 - 2,099.99

In the past 5 years average daily volume has declined 88.7% from 4,901 units to 553 units. Turnover period has increased from 7 months to 3 years 4 months.

SECTION 4

RANKING

4.1 Global Rank out of 5,758 ETFs

The present value of $US1,000 invested a year ago is $US957, ranking it 3939 out of 5,758 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 58.

DescriptionValueRankQuartile
Net Assets (US$)2B360Top
Price/NAV1.01326Top
Rel Strength 6 Mo (US$)582412Second
PV$1000 (1Year) US$*9573939Third

* 1 year ago CHF 1 equalled USD 1.013

Jul 24, 2017: CHF 1 equals USD 1.0565

4.2 Rank in the Total Switzerland ETF Market [out of 481 ETFs]

DescriptionValueRank
Net Assets (CHF)1.9B59
Rel Strength 6 Mon (CHF)50242
PV1000-1Year (CHF)917133

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 Management Fees

+ The management fee is 0.4% of total assets

SECTION 6

PORTFOLIO ALLOCATION

Asset Allocation (March 31, 2017)

Asset Class%
Other98
Cash2

JBGOCA.S

Source: www.BuySellSignals.com