Structure Closed-End Trust, exchange-traded
Symbols NYSE Arca: PHYS; TSX: PHY.U
Management Fee 0.35% of NAV per annum, payable monthly
Bullion Custodian The Royal Canadian Mint, Canada
Manager Sprott Asset Management LP

Trust Highlights

The Trust was created to invest and hold substantially all of its assets in physical gold bullion. Its purpose is to provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical gold bullion without the inconvenience that is typical of a direct investment in physical gold. The Trust does not speculate with regard to short-term changes in gold prices.

Secure

Without exception, the Trust's physical gold bullion is fully allocated and stored at a secure third party storage location in Canada. The physical gold bullion is subject to periodic inspection and audits. Unlike other bullion funds, the Trust does not have an unallocated account that is used to facilitate transfers of gold between financial institutions that act as authorized participants.

Convenient

Units of the Trusts trade on the NYSE Arca and the TSX and provide investors with access to the physical gold bullion market with the liquidity of an exchange-traded security.

Cost Effective

For many investors, the transaction costs related to owning the Trust are expected to be lower than the costs to purchase, store and insure physical bullion directly.

The Sprott Physical Gold Trust's Manager charges a 0.35% management fee per annum. There is also an administration fee charged annually. In 2012, the total management expense ratio of the trust was 0.42%.

Tax Effective*

For U.S. non-corporate investors who hold units for more than one year and make a timely Qualified Election Form (QEF) election, gains realized on the sale of the Trust’s units are currently taxed at the long-term capital gains rate of 15% (20% for higher income taxpayers), versus the maximum of 28% applied against most precious metals ETFs and physical gold coins.

Redeemable for Physical Gold Bullion

Unitholders who hold certain minimum dollar value equivalents have the ability to redeem their units for physical gold bullion on a monthly basis. Please see "Redemption of Units" in the prospectus for details.
 

Trustee RBC Investor Services Trust, Toronto, Ontario, Canada
Custodian for assets that are not physical gold bullion RBC Investor Services Trust, Toronto, Ontario, Canada
Registrar and Transfer Agent Equity Financial Trust, Toronto, Ontario, Canada
Auditors Ernst & Young LLP, Toronto, Ontario, Canada
Valuation Agent RBC Investor Services Trust, Toronto, Ontario, Canada

 

* The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering or tax, legal, accounting or professional advice. Readers should consult with their own accountants and/or lawyers for advice on the specific circumstances before taking any action

SGDM Tile

How To Buy

The units of the Trusts can be purchased like any regular exchange-traded security through full service and discount brokers, including Sprott Global Resource Investments in the U.S. and Sprott Private Wealth in Canada. Both firms are affiliates of the Trusts.

CUSIP: 85207H104
ISIN: CA85207H1047
NYSE_ARCA: PHYS
Price 10.09
Change +0.04
Volume 272,188
Tuesday, September 23, 2014 12:04 PM EST. Pricing delayed 20 minutes.
TSX: PHY.U.CA
Price 10.10
Change +0.07
Volume 41,732
Tuesday, September 23, 2014 12:00 PM EST. Pricing delayed 20 minutes.

You are now leaving Sprottphysicalbullion.com and entering a linked website. Sprott has partnered with ALPS in offering the Sprott Gold Miners ETF. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETF, you will be directed to the ALPS/Sprott website at www.SprottETFs.com

An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information. For more information about the ETF or to obtain a prospectus, call 1.855.215.1425. Read the prospectus carefully before investing. The ETF is distributed by ALPS Distributors, Inc. ALPS Advisors, Inc. is the investment adviser to the ETF and Sprott Asset Management LP is the investment sub-adviser. Sprott is not affiliated with ALPS.

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