−Removed: and Qualitative Disclosures about Market Risk
−Removed: Trust is a passive investment vehicle.
+Added: Quantitative and Qualitative Disclosures About Market Risk.
+Added: The Trust is a passive investment vehicle.
It is not actively managed.
−Removed: The Trust’s primary objective is to provide investors
−Removed: with an opportunity to invest in gold through the shares, and have the gold securely stored by the Custodial Sponsor.
−Removed: fluctuations in the price of gold will affect the value of the Trust’s shares.
+Added: The Trust’s investment objective is for the Shares to reflect the performance of the price of gold less the expenses of the Trust’s operations.
+Added: Accordingly, fluctuations in the price of gold will affect the value of the Trust’s shares.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.