Luxembourg Fund Partners (LFP) has rolled out a new precious metals fund. The LFP Prime SICAV SIF is designed to offer investors with a liquid, convenient and low-cost way to own shares in a regulated fund that is backed by fully allocated gold. The shares of the physical gold fund are convertible into the underlying asset through the Precious Metals Agent. ABN Amro Bank Luxembourg has been appointed as the custodian, while Las Bovedas is the investment advisor of the fund.

Click here for the release from PR Newswire.