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Sprott Physical Gold Trust

As of November 1, 2024

NAV

$21.48

NAV Daily Change

-$0.06

trending down -0.27%

NAV YTD

trending up 31.98%

Management Expense Ratio

0.41%

Market Price

$21.25

Premium/Discount

-1.08%

Total Oz. of Gold

3,278,708

Total Net Asset Value

$8.98 Billion

The market is now closed

The market is now closed

The market is now closed

Previous Close NYSE Arca ($US)

In U.S. Dollars. Data last updated Friday, November 1, 2024 6:00 PM EST

Net Asset Value per Unit

$21.48

Previous Market Price Close

$21.25

Premium/Discount

-1.08%

Units Outstanding

418,171,167

Total Oz. of Gold held within Trust*

3,278,708

Market Value of Gold held by Trust

$8.97 Billion

Total Net Asset Value of Trust

$8.98 Billion

*Based on trade date.

Previous Close TSX ($CA)

(In Canadian Dollars. Data last updated Friday, November 1, 2024 6:00 PM EST)

Net Asset Value per Unit

$29.98

Previous Closing Market Price

$29.68

Premium/Discount

-1.01%

High-Low NAV History ($US)

As of Sep 30, 2024. Since Inception February 25, 2010.

High Net Asset Value per Unit

$20.99

Low Net Asset Value per Unit

$8.69

Premium/Discount Range

+23.88% to -3.58%

Overview

The Sprott Physical Gold Trust (PHYS) was created to invest and hold substantially all of its assets in physical gold bullion.

Our goal is to provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical gold without the inconvenience that is typical of a direct investment in physical gold bullion.

Investing in PHYS offers several compelling reasons: you benefit from fully allocated gold, it’s redeemable for metals, secure storage you can trust, potential tax advantages, ease of purchase, sale, and ownership, and the liquidity of your investment.

Key Facts

Ticker/Exchange

PHYS (NYSE Arca)

PHYS.U (TSX $US)

PHYS (TSX $CA)

Fund Type

Closed-End Trust

ISIN

Show ISIN

ISIN: CA85207H1047

CUSIP

Show CUSIP

CUSIP: 85207H104

Inception Date

February 25, 2010

Issuer

Sprott Physical Gold Trust

Bullion Custodian

The Royal Canadian Mint

Manager

Sprott Asset Management LP

Trustee

RBC Investor Services

Auditor

KPMG

Fees & Expenses

Management Expense Ratio 0.41%

Management Expense Ratio (“MER”) is based on total expenses (including applicable Canadian taxes and excluding commissions) and is expressed as an annualized percentage of the average daily net asset value (“NAV”) for the period ended 6/30/2024.

Highlights

Gold Silver New 600 400

Gold and Silver Enjoy Continued Rally

BY PAUL WONG · 10/21/2024
Gold and silver prices surged in Q3 2024, driven by central bank buying and macroeconomic factors. While gold experienced a historic price increase, silver's price was influenced by both its precious metal value and industrial demand. YTD through September 30, gold is up 27.71% and silver has gained 30.95%.

Istock 813603994 Gold 400 600

Reasons to Own Gold

EDUCATIONAL BROCHURE
Gold has always served as a store of value. This brochure explores gold’s unique investment characteristics and explains why investors should strongly consider the yellow metal as part of a diversified investment portfolio.

Performance

Total Returns (% $US) as of September 30, 2024

  1 MO* YTD* 1 YR 3 YR 5 YR 10 YR
PHYS (NAV)**
5.17 27.12 41.65 13.83 11.61 7.50
PHYS (Market Price)**
4.67 27.93 42.32 13.88 11.51 7.41
Benchmark: Spot Gold Price1
5.24 27.71 42.52 14.46 12.34 8.11
Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. Call 888.622.1813 for current month end performance.
*
Not annualized.
**
The NAV performance calculation is based on the USD NAV and the market price performance calculation is based on the USD closing price on the NYSE Arca.
1
The gold spot price is measured by the Bloomberg GOLDS Comdty Spot Price; this price represents the fluctuating market price for one ounce of gold bought or sold on commodity exchanges contracted for immediate payment and delivery. The price is determined by the forward month’s futures contract with the most volume.
  1 MO* YTD* 1 YR 3 YR 5 YR 10 YR
PHYS (NAV)**
5.17 27.12 41.65 47.48 73.19 106.04
PHYS (Market Price)**
4.67 27.93 42.32 47.68 72.42 104.41
Benchmark: Spot Gold Price1
5.24 27.71 42.52 49.95 78.93 118.06
Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. Call 888.622.1813 for current month end performance.
*
Not annualized.
**
The NAV performance calculation is based on the USD NAV and the market price performance calculation is based on the USD closing price on the NYSE Arca.
1
The gold spot price is measured by the Bloomberg GOLDS Comdty Spot Price; this price represents the fluctuating market price for one ounce of gold bought or sold on commodity exchanges contracted for immediate payment and delivery. The price is determined by the forward month’s futures contract with the most volume.
Cumulative return is the return on the investment in total.
  2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
PHYS (NAV)
12.55 -0.86 -4.13 23.74 17.61 -1.98 12.54 8.07 -10.84 -2.24 -28.13 6.30 9.07
PHYS (Market Price)
12.98 -1.81 -4.84 23.89 18.14 -2.64 12.78 7.56 -10.64 -1.91 -29.91 2.97 11.79
Benchmark: Spot Gold Price
13.10 -0.28 -3.64 25.12 18.31 -1.58 13.09 8.56 -10.42 -1.72 -28.04 7.14 10.06
 
The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the Fund incurred all expenses and fees, investment returns would have been reduced. Investment returns and Fund share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

Growth of $10,000 Since Inception

User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.



Inception date: February 25, 2010.
The chart shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the Trust or returns on investment in the Trust.


Market Price vs. Net Asset Value Since Inception

User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.



Inception date: February 25, 2010.

Historical Premium/Discount: Market Price to Net Asset Value

User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.



Inception date: February 25, 2010.

Frequency Distribution: Premium/Discount

Trading Days Each Quarter

Data updated as of November 2, 2024

  CY 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Days Traded at Premium -- 0 0 0 --
Days Traded at Discount 250 61 63 64 --

The above table and line chart present information about the differences between the daily market price of a Trust unit and the Trust’s reported net asset value. The chart’s horizontal axis shows the premium or discount expressed in basis points. The market price is determined by the midpoint between the highest bid and the lowest offer on the Trust’s listing exchange, as of the time that the Trust’s NAV is calculated (usually 4:00 pm Eastern time).

Cumulative Oz. of Gold Acquired by Trust

User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.

Source: Sprott, RBC Investor Services Trust.

Investor Details

Gold Bars 702 320 - PHYS

Gold Bar List by Serial Number

View a complete list of the serial numbers for each gold bar held by the Royal Canadian Mint on behalf of the Sprott Physical Gold Trust. Please note that all bars held within the Trust are London Good Delivery. The bars are segregated within the vault and fully unencumbered.

Investor Detail Img2

Royal Canadian Mint Confirmation of Physical Bullion Holdings

 

Sprott App LogoDownload Sprott Tracker Mobile App

The Sprott Tracker Mobile App lets you follow the daily performance of your investments in gold, silver, platinum, palladium and uranium held in Sprott Physical Trusts. Get the latest market prices, NAVs, premium/discount calculations, trading volume and more.

 

Bullion Calculator

Enter a specific number of Trust Units to estimate how much physical bullion they represent.

*

*

This calculator is designed to give you an idea of how much physical is represented for a given amount of Units of the based on the latest available market price and net asset value.

This calculator is for illustrative purposes only and should not be used to formulate transactions of any kind, including physical redemptions.

Metal per Unit

How to Obtain Physical Certificates

In the United States, shareholders can contact the Computershare call center at 800.446.2617 or go to computershare.com and access a transfer form by creating an account.

In Canada, shareholders can direct their broker to withdraw units from CDS Clearing and Depository Services Inc. When the broker puts in the withdrawal, the transfer agent in Canada, TSX Trust Company, will issue physical certificates to the broker.

How to Hold Units in Your Name

Once you have purchased Trust units through a third-party financial professional, the Direct Registration System (DRS) option gives you the ability to transfer the units you own from your broker to the Trust's transfer agents (Computershare for U.S. unitholders and TSX Trust Company for Canadian unitholders). DRS is the electronic or book-entry form of security ownership offered by and only through transfer agents and allows a unitholder to hold Trust units in that holder’s name directly as opposed to electronic security ownership through a broker. The DRS option went into effect on October 5, 2017, for unitholders of each of the Trusts (read press release).

Learn More

How to Redeem for Physical Bullion

Sprott Physical Bullion Trust unitholders have the right to redeem for physical metals on a monthly basis, subject to meeting the minimum redemption amount. To submit a request for physical redemption, a unitholder must complete the required redemption form for the specific Trust from which they wish to redeem units.

Learn More

Tax & Resources

Tax Benefits

For U.S. investors, Sprott Physical Bullion Trusts potentially provide favorable tax advantages versus owning metals directly or precious metals ETFs.

Read the Potential Benefits

PFIC Statements

“PFIC” stands for “Passive Foreign Investment Company.” A foreign corporation such as the Sprott Physical Bullion Trusts (“the Trusts”) will be treated as a PFIC for any taxable year if either of the following is true: (a) more than 75% of its gross income is from passive sources or (b) at least 50% of its assets are held for the production of passive income.

PFIC Statements Subscription

Sign-up to have your annual PFIC statements delivered to you electronically.

How to Purchase

Sprott Physical Bullion Trusts trade on the NYSE Arca in U.S. dollars and on the TSX in both U.S. and Canadian dollars.

Trust units can be purchased or sold like any regular equity security through financial advisors, full-service brokers and discount brokers. Your units will be held in your name through the third-party financial professional. Units can be purchased or sold through:

Brokerage Services

Sprott Global Resource Investments Ltd.

Telephone: 800.477.7853

Email: contact@sprottglobal.com

Ticker/Exchange

PHYS (NYSE Arca)

PHYS.U (TSX $US)

PHYS (TSX $CA)

CUSIP

85207H104

ISIN

CA85207H1047

Contact Us

Financial Advisors and Individual Investors

Telephone: 888.622.1813
Email: invest@sprott.com

Institutional Investors

Contact: Glen Williams
Managing Director, Investor and
Institutional Client Relations;
Head of Corporate Communications, Sprott Inc.

General Information

Contact the Sprott Team for more information, or answers to your questions.

Telephone: 888.622.1813
Email: bullion@sprott.com

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