67 unchanged sentences
Investment in gold - fair value
−Removed: the Custody Agreements, the Trustee, the Sponsor and the Sponsor’s auditors and inspectors may, only up to twice a year, visit
−Removed: the premises of the Custodian for the purpose of examining the Trust’s gold and certain related records maintained by the Custodian.
+Added: the Custody Agreements, the Trustee, the Sponor and the Sponsor’s auditors and inspectors may, only up to twice a year, visit the
+Added: premises of the Custodian for the purpose of examining the Trust’s gold and certain related records maintained by the Custodian.
Sponsor has exercised its right to visit the Custodian in order to examine the gold and the records maintained by them.
20 unchanged sentences
Trust’s NAV decreased from $935,811,456 on June 30, 2023, to $790,994,009 on June 30, 2024, a 15.48% decrease for the year.
−Removed: decrease in the Trust’s NAV resulted primarily from a reduction in outstanding Shares from 55,300,000 Shares on June 30, 2022,
−Removed: to 49,450,000 Shares on June 30, 2023, a result of 4,100,000 Shares (82 Baskets) being created and 9,950,000 Shares (199 Baskets) being
−Removed: redeemed during that period.
+Added: The decrease in the Trust’s NAV resulted primarily from a reduction in outstanding Shares from 49,450,000 Shares on June 30,
+Added: 2023, to 34,350,000 Shares on June 30, 2024, a result of 1,900,000 Shares (38 Baskets) being created and 17,000,000 Shares (340
+Added: Baskets) being redeemed during that period.
NAV per Share increased 21.72% from $18.92 on June 30, 2023, to $23.03 on June 30, 2024.
1 unchanged sentence
21.89% from $1,912.25 on June 30, 2023, to $2,330.90 on June 30, 2024.
−Removed: The Trust’s NAV per Share increased slightly less than the price
−Removed: per ounce of gold on a percentage basis due to the Sponsor’s Fee, which was $1,602,240 for the fiscal year, or 0.1749% of the Trust’s
−Removed: assets on an annualized basis.
+Added: The Trust’s NAV per Share increased slightly less than the
+Added: price per ounce of gold on a percentage basis due to the Sponsor’s Fee, which was $1,671,742 for the fiscal year, or 0.1749% of
+Added: the Trust’s assets on an annualized basis.
year ended June 30, 2023
12 unchanged sentences
decrease in the Trust’s NAV resulted primarily from a reduction in outstanding Shares from 57,650,000 Shares on June 30, 2021,
−Removed: to 57,650,000 Shares on June 30, 2021, a result of 16,600,000 Shares (332 Baskets) being created and 18,150,000 Shares (363 Baskets)
−Removed: being redeemed during that period.
−Removed: NAV per Share decreased 0.46% from $17.59 on June 30, 2020, to $17.51 on June 30, 2021.
−Removed: During that period the gold price decreased 0.28%
+Added: to 55,300,000 Shares on June 30, 2022, a result of 9,150,000 Shares (183 Baskets) being created and 11,500,000 Shares (230 Baskets) being
+Added: redeemed during that period.
+Added: NAV per Share increased 2.86% from $17.51 on June 30, 2021, to $18.01 on June 30, 2022.
+Added: During that period the gold price increased 3.05%
from $1,763.15 on June 30, 2021, to $1,817.00 on June 30, 2022.
−Removed: The Trust’s NAV per Share decreased slightly more than the price
+Added: The Trust’s NAV per Share increased slightly less than the price
per ounce of gold on a percentage basis due to the Sponsor’s Fee, which was $1,726,901 for the fiscal year, or 0.1749% of the Trust’s
3 unchanged sentences
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.