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NUGGAU VanEck Gold Bullion ETF Please read important disclosure Close important disclosure false

    • NUGG
    VanEck Gold Bullion ETF

    NUGG
    VanEck Gold Bullion ETF

    • NAV
      $69.13

      as at 05-Feb-26
    • Total Net Assets
      $254.02M
    • Management fee (p.a.)
      0.25%
    • Inception Date
      05-Dec-22
    NUGG SQUARE_New

    Overview

    Fund Description

    Our gold bullion ETF, NUGG gives investors an investment in Australian sourced gold. Units in NUGG can be converted into physical gold bullion.

    Key benefits

    Australia’s premium gold bullion ETF

    Backed by physical Australian origin gold bullion bars. Bought and sold on the ASX. Redeemable at an Australian vault.

    The lustre of the yellow metal

    Gold is used as a store of value throughout the world and NUGG’s gold is only sourced from Australian gold producers whose operations adhere to the LBMA Responsible Gold Guidance.

    Portfolio risk management

    When confidence erodes in the world’s reserve currencies or when there is extreme volatility in markets, investors turn to gold and the convenience of gold ETFs.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has no investment timeframe, and has a high or very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has no minimum investment timeframe, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has no minimum investment timeframe, and has a low risk/return profile.

    Performance

    Documents & insights

    Frequently asked questions

    A gold ETF allows investors to gain exposure to gold without the inconvenience, expense or security risks associated with transporting, insuring and storing physical gold. For these reasons, a gold ETF provides a simpler and more efficient alternative to investing in physical gold.

    Australia’s premium physical gold ETF, NUGG allows its investors to convert their NUGG holdings into physical gold. Learn more about NUGG’s gold redemption process.  

    A physical gold ETF is backed by actual gold bullion bars held in secure custody on behalf of investors. Each unit represents ownership of a portion of this physical gold.  

    This differs from synthetic gold ETFs, which use derivatives to track the gold price and are not backed by real gold. Physical gold ETFs provide direct gold exposure with the reassurance of tangible metal ownership.

    NUGG is an example of a physical gold ETF.

    NUGG is different from other gold ETFs because it is backed by Australian-sourced gold held at The Perth Mint and investors have the option of redeeming their units of NUGG for physical gold.

    NUGG, a physical gold ETF, provides unhedged gold exposure. We believe an unhedged exposure is the best way to get access to the price of gold.

    VanEck’s research shows there has been no meaningful correlation between the USD gold price and the AUD/USD exchange rate since the Australian dollar was floated in 1983. Because the two variables are uncorrelated:

    • Hedging the currency would not offer a meaningful investment benefit
    • It would increase fund costs and therefore the management fee

    For these reasons, NUGG is intentionally unhedged.

    Gold was one of the top performing asset classes in 2025 and NUGG returned 55.04%  for the year, making it one of the best-performing ETFs on ASX. Since inception this gold ETF has returned more than 30% p.a. View the latest performance data for NUGG.

    When considering investing in a gold ETF like NUGG, investors should assess:

    • Whether the ETF is physically backed by gold
    • If the gold is ethically sourced
    • The fund manager’s expertise and heritage in investing in gold and managing ETFs
    • Whether units in the ETF are redeemable for actual gold

    Past performance is not indicative of future performance.

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