AAAU

Goldman Sachs Physical Gold ETF
*Unless otherwise stated, data provided by FactSet.

AAAU Fund Description

AAAU tracks the gold spot price, less expenses and liabilities, using gold bars held in a vault in Perth, Australia. Investors can redeem their shares for gold coins and small bars.

AAAU Factset Analytics Insight

AAAU is an efficient option for investors seeking exposure to physical gold. It provides an option for those who want to redeem for physical gold. Investors can redeem their shares for gold as small as 1 gram, but could be impractical based on a large minimum fee. As a physical gold investment, potential US tax consequences should be expected — long-term gains are subject to the higher tax. At launch, AAAU’s shares corresponded to 1/100th of an ounce of gold (though this will decrease over time due to expenses), or about the same amount as competitor IAU. This low handle should be helpful for those investors placing small orders, but could be a deal-breaker for those paying per-share commissions. Retail investors should consider trading expenses in their cost calculation. GSAM acquired this fund on December 14, 2020 from Cottonwood ETF Holdings and changed the fund name from Perth Mint Physical Gold ETF.

PERFORMANCE [as of 11/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AAAU 0.50% 1.18% 20.86% -3.81% 13.53% -- --
AAAU (NAV) -1.06% -0.73% -5.52% -2.93% 13.30% -- --
Gold Spot -1.06% -0.71% -5.22% -2.77% 13.50% 8.59% 0.63%
Gold Spot -1.06% -0.71% -5.22% -2.77% 13.50% 8.59% 0.63%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AAAU Summary Data

Goldman Sachs
07/26/18
Grantor Trust
0.18%
$423.27M
$4.28M
0.06%

AAAU Portfolio Data

Physically Held
Physically Held
N/A
--

AAAU Index Data

Gold Spot
Single Asset
Single Asset
Gold Spot

AAAU Portfolio Management

0.18%
-0.19%
0.01%
-0.25%

AAAU Tax Exposures

28.00% / 39.60%
--
No

AAAU Fund Structure

Grantor Trust
No
--
N/A
N/A
Low
Daily

AAAU Factset Analytics Block Liquidity

As of 11/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of AAAU. AAAU is rated a 5 out of 5.

AAAU Tradability

243,264
$4.28M
219,584
$3.98M
0.06%
$0.01
0.06%
0.84% / -1.73%
None
100.00%
25,000
8.78
0.11%
--
0
$17.79
5

AAAU Top 10 Targeted Commodity Weights

100.00%
100.00%

AAAU Tenor Strategy

AAAU holds physical bullion. Prices will reflect the current spot market values.

AAAU Rolling Strategy

Since AAAU holds physical bullion rather than futures contracts, it does not have a roll strategy.

AAAU Performance Statistics

1.00
1.00
--
--
0.00%