Investors can enjoy the security of knowing that the Trust's
physical gold bullion is fully allocated and segregated in a secure
third party storage location in Canada.
Units of the Trust 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.
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 gold bullion directly.