Dies ist der mit Abstand größte Gold ETF (Ende 2018 = 25,3 Mio oz / 31,8 Mrd $) und wird oft synonym für Gold eingesetzt. Oft wurde diskutiert, ob und wie hoch er real mit Gold gedeckt ist, weil Kleinanleger ihn nicht in Gold wandeln können.
Hier der letze Quartalsbericht mit einigen klärenden Auszügen:
"The Trust holds gold and is expected from time to time to issue shares (“Shares”) (in minimum denominations of 100,000 Shares, also referred to as “Baskets”) in exchange for deposits of gold and to distribute gold in connection with redemption of Baskets....
The Trust holds gold and is expected from time to time to issue shares (“Shares”) (in minimum denominations of 100,000 Shares, also referred to as “Baskets”) in exchange for deposits of gold and to distribute gold in connection with redemption of Baskets....
The Trust does not hold any derivative instruments, and its assets only consist of allocated gold bullion and, from time to time, (i) gold receivable, representing gold covered by contractually binding orders for the creation of Shares where the gold has not yet been transferred to the Trust’s account and (ii) cash, which is used to pay expenses..."
https://seekingalpha.com/filing/4338173
Grüsse
Edel