UOB Asset Management (UOBAM) launches a new managed portfolio solution called UOBAM Gold+, offering investors exposure to the global gold market by pairing physically backed gold bullion with gold-focused but diversified mining equities.

The portfolio blends 49% SPDR Gold MiniShares Trust ETF (GLDM), 49% United Gold & General Fund (UGGF) and a 2% cash buffer.

UOBAM says that UOBAM Gold+ is designed with equal allocations and quarterly rebalancing, which allows investors to benefit from the stability of physical gold during periods of market volatility while capturing the growth potential offered by top-tier mining companies.

The cash sleeve ensures daily liquidity for enhanced flexibility.

The launch of UOBAM Gold+ comes amid renewed and increasing demand for the metal, fuelled by persistent inflation risk, shifting interest-rate expectations among ongoing geopolitical uncertainties.

“With gold reaching successive all-time highs this year and central banks continuing to add bullion to their reserves, this portfolio provides a timely and accessible gateway to tap into the momentum while supporting portfolio hedging and tactical positioning in a dynamic investment landscape,” says Rachel Ong, chief marketing officer at UOBAM.