Sprott Physical Gold Trust Net Asset Value & Premium/Discount
Net Asset Value & Premium/Discount
|Intraday Indicative Value||The market is now closed|
|Intraday Premium/Discount Calculation||The market is now closed|
|Net Asset Value per Unit||$14.61|
|Previous Closing Market Price||$14.32|
|Total Ounces of Gold held within Trust*||3,170,598|
|Total Market Value of Gold held within Trust||$5,861,262,934|
|Total Net Asset Value of Trust||$5,865,568,477|
(In U.S. Dollars. Data last updated Friday, September 29, 2023 6:00 PM EST)
*Based on trade date
|PREVIOUS CLOSE TSX $CAD|
|Net Asset Value per Unit $CAD||$19.84|
|Previous Closing Market Price $CAD||$19.46|
|Premium/Discount Calculation $CAD||-1.92%|
(In Canadian Dollars. Data last updated Friday, September 29, 2023 6:00 PM EST)
*Based on trade date
Average Annual Total Returns (%) As of 3/31/2021
|MO*||YTD*||1 YR||3 YR||5 YR||10 YR|
|Sprott Physical Gold Trust: NAV1,2||-1.56||-10.14||7.36||8.06||6.10||1.18|
|Sprott Physical Gold Trust: Market Price||-2.19||-11.13||2.21||7.65||5.79||0.59|
|Benchmark: Spot Gold3||-1.52||-10.04||8.28||8.81||6.74||1.77|
* Not annualized.
1 Inception NAV is based on initial NAV after agency and issuance fees incurred at launch.
2 The NAV performance calculation is based on the USD NAV and the market price performance calculation is based on the USD close on the NYSE Arca.
3 The gold spot price is 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.
Market Price vs. Net Asset Value Since InceptionUser 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 ValueUser 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 of Premiums and Discounts
NAV vs Bid/Ask Midpoint
Data updated as of Sep 30, 2023
|CY 2022||Q1 2023||Q2 2023||Q3 2023||Q4 2023|
|Days Traded at Premium||1||0||0||0||--|
|Days Traded at Discount||250||62||62||63||--|
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported net asset value. The amount that the fund's market price is above the reported NAV is called the premium. The amount that the fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 pm Eastern time). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.
*A unit that is equal to 1/100th of 1% and is used to denote the change in a financial instrument.
The Premium / Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
†The Trusts are closed-end funds established under the laws of the Province of Ontario in Canada. PHYS, PSLV, CEF and SPPP are available to U.S. investors by way of listings on the NYSE Arca pursuant to the U.S. Securities Exchange Act of 1934. The Trusts are not registered as investment companies under the U.S. Investment Company Act of 1940.
††SESG is a U.S. registered exchange traded fund established pursuant to the U.S. Securities Act of 1933 and is listed on the NYSE Arca.
The Sprott Physical Gold Trust is generally exposed to the multiple risks that have been identified and described in the prospectus. Please refer to the prospectus for a description of these risks. This material must be preceded or accompanied by a prospectus. For an additional copy of the prospectus please visit https://sprott.com/investment-strategies/physical-bullion-trusts/gold/.
Precious metals investments are more volatile on a daily basis and have higher headline risk than other sectors as they tend to be more sensitive to economic data, political and regulatory events as well as underlying commodity prices. Precious metals investments have price fluctuations based on short-term dynamics partly driven by demand/supply and also by investment flows. Precious metals investments tend to react more sensitively to global events and economic data than other sectors.
Past performance is not an indication of future results. All data is in U.S. dollars unless otherwise noted. 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 tax, legal, accounting or professional advice. Readers should consult with their own accountants and/or lawyers for advice on their specific circumstances before taking any action. Sprott Asset Management LP is the investment manager to the Sprott Physical Gold Trust (the “Trust”). Important information about the Trust, including the investment objectives and strategies, applicable management fees, and expenses, is contained in the prospectus. Please read the prospectus carefully before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or operational charges or income taxes payable by any unitholder that would have reduced returns. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Trusts on the Toronto Stock Exchange (“TSX”) or the New York Stock Exchange (“NYSE”). If the units are purchased or sold on the TSX or the NYSE, investors may pay more than the current net asset value when buying units or shares of the Trusts and may receive less than the current net asset value when selling them. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation to anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any investment funds managed by Sprott Asset Management LP. These views are not to be considered as investment advice nor should they be considered a recommendation to buy or sell.