Sprott: Raising the Bar on precious Metals Investing
Managing precious metal investments for more than 35 years
Transformed the Central Fund of Canada in 2018
Serves 200,000 clients and manages US$12.1 billion*
*Unaudited as of 5/6/2020.
6 reasons why investors should own CEF
In dollar terms, each CEF unit is roughly equal to a 2/3 gold (AU) and 1/3 silver (AG) mix.
Every 100 shares*
of the Trust is equal to owning:
of physical gold
of physical silver
Bullion in the Trust
is 100% allocated and unencumbered with no exceptions
Total Gold and Silver Held in the Trust*
1.266 million oz Gold
57.16 million oz Silver
*All values are approximate and based on USD spot gold and silver prices as of December 31, 2019
2Redeemable for Metals
Sprott Physical Gold and Silver Trust can be redeemed for physical bullion monthly.*
The Royal Canadian Mint will facilitate the delivery of bullion bars to almost anywhere in the world
via an Armored Transportation Service Carrier – and all physical redemptions are equal to 100%* of the net
asset value (NAV) per unit.
* Minus redemption and delivery expenses, including the handling of the notice of redemption in the applicable
-out fees. Subject to certain minimum requirements.
Physical Gold and Silver Trust
The Trusts’ physical gold and silver bullion assets will be custodied by the Royal Canadian Mint to minimize counterparty
Established in 1908, The Royal Canadian Mint is internationally recognized – and it has no risk of bankruptcy or nationalization.
Sprott’s partnership with the Royal Canadian Mint helps to mitigate a legitimate concern about counterparty risk.
Other bullion funds, especially popular ETFs, store with bullion banks and other financial institutions.
It was shown in 2008 that even the most powerful financial institutions are not immune from insolvency.
In the event of a crisis, you may experience increased counterparty risk if your bullion is stored with a highly leveraged
4Potential Tax Advantage
For U.S. non-corporate investors who hold units for more than one year, the Trust can provide a tax advantage
on gains in comparison to other forms of holding bullion.
15% capital gains tax
20% for higher income taxpayers
Sprott Physical Gold and Silver Trust
Most precious metals ETFs and physical coins
Typical bullion rate
U.S. non-corporate investors must fill out a timely Qualified Election Form (QEF) to take advantage of this potential difference.
5Easy to Buy, Sell and Own
Sprott Physical Gold and Silver Trust trades on the NYSE Arca (CEF) and the Toronto Stock Exchange (CEF.U
Sprott Physical Gold and Silver Trust
Average volume of US$8 million traded per day*
Simple and convenient exposure to physical bullion
No need for investor to handle, secure or protect physical metal
* Average daily trading over the past 3 months as of January 10, 2020.
Buying Physical Bullion
Inconvenient to buy and sell
Storage and insurance costs
Possibility of theft
6A Liquid Investment
Just like stocks, units of the Trust can be sold on any open trading day for the New York Stock Exchange
or Toronto Stock Exchange.
The proceeds from selling your Trust units are deposited to your brokerage account two business days
after the trade date (T+2).
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