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Sprott Physical Gold Trust (PHYS)
NYSE · Finance, Insurance & Real Estate · Commodity Contracts Brokers & Dealers
Core research established · 4/4 core data layers currently established
What Sprott Physical Gold Trust does
The Trust was created to invest and hold substantially all of its assets in physical gold bullion. Many investors are unwilling to invest directly in physical gold bullion due to inconveniences such as transaction, handling, storage, insurance and other costs that are typical of a direct investment in physical gold bullion. The Trust seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience that is typical of a direct investment in physical gold bullion. Investment Strategies of the Trust The Trust invests primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in gold prices.
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