AAAUGoldman Sachs Physical Gold ETF
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.
AAAU Summary Data
AAAU Portfolio Data
AAAU Index Data
AAAU Portfolio Management
AAAU Tax Exposures
AAAU Fund Structure
AAAU Factset Analytics Block Liquidity
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 Top 10 Targeted Commodity Weights
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.