IAU iShares Gold Trust
What is IAU?
IAU tracks the gold spot price, less expenses and liabilities, using gold bars held in vaults around the world.
IAU Factset Analytics Insight
IAU is an efficient way for investors to hold physical gold. The fund removes the complexities for retail investors of buying, transporting, storing and insuring physical gold. Using a grantor trust structure, the fund is a very stable fund. The underlying gold bars are held in vaults around the world, with an inventory list available on the Issuers website. Similar to its competitor, GLD, investors should know that long-term gains have noteworthy tax liabilities, since IAU is considered a collectible. The daily NAV of the trust is based on that day’s LBMA Gold Price PM. Where IAU shines for buy-and-hold retail investors is its lower handle and low expense ratio. At launch, shares of IAU corresponded to 1/100th of an ounce of gold (though this will decrease over time due to expenses). The fund is a solid choice for gold investors.
IAU Summary Data
IAU Portfolio Data
IAU Index Data
IAU Portfolio Management
IAU Tax Exposures
IAU Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IAU. IAU is rated a 5 out of 5.
IAU Top 10 Targeted Commodity Weights
IAU Performance Statistics
IAU Tenor Strategy
IAU holds physical bullion. Prices will reflect the current spot market values.
IAU Rolling Strategy
Since IAU holds physical bullion rather than futures contracts, it does not have a roll strategy.