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Graniteshares Gold Trust  (BAR)
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    Sector  Financial    Industry Exchange Traded Funds Etf

Graniteshares Gold Trust

Business Description


Graniteshares Gold Trust is an exchange-traded fund (ETF) that seeks to track the performance of the price of gold. It is designed to provide investors with a convenient and cost-effective way to gain exposure to gold as an investment asset.

The ETF is managed by Graniteshares, a global expert in ETFs and index solutions. Graniteshares Gold Trust aims to replicate the daily performance of the Bloomberg Gold Subindex, which consists of gold futures contracts. This means that the ETF*s value will move in tandem with the price of gold, allowing investors to benefit from potential gains and losses in the gold market.

The investment objective of the Graniteshares Gold Trust is to hold gold and issue shares (units) in exchange for the gold held. Each share represents a fractional ownership interest in the Trust. The Trust*s assets are mainly physical gold bars, which are stored in a secure vault. This ensures that the ETF provides a direct exposure to the underlying asset, without the need for investors to physically manage and store gold themselves.

Investors can buy and sell shares of the Graniteshares Gold Trust on the stock exchange, similar to trading stocks. The ETF offers liquidity and transparency, making it easy for investors to enter and exit their positions at market prices. The ETF is traded under the ticker symbol BAR on the New York Stock Exchange (NYSE Arca).

Graniteshares Gold Trust is structured as a grantor trust, which means that it is a separate legal entity responsible for holding and managing the assets. The Trustee, The Bank of New York Mellon, oversees the operation and custody of the Trust*s assets, ensuring that they are securely stored and accounted for.

Investing in the Graniteshares Gold Trust provides several advantages for investors. Firstly, it offers a low-cost way to gain exposure to gold compared to buying and storing physical gold. The ETF*s expense ratio is typically lower than the costs associated with buying gold bars or coins.

Secondly, the ETF*s structure allows for easy diversification. Since each share represents a fractional ownership of the total gold holdings, investors can buy or sell as many shares as they desire, allowing them to customize their exposure to gold based on their investment goals and risk tolerance.

Lastly, investing in the Graniteshares Gold Trust provides investors with a liquid investment option. Unlike physical gold, which may have limited buyers or sellers, the ETF can be traded throughout the trading day, providing investors with instant liquidity and the ability to capitalize on market opportunities.

It is important to note that investing in any ETF, including Graniteshares Gold Trust, carries inherent risks. The value of the ETF*s shares can fluctuate based on various factors, including changes in the price of gold, market sentiment, and global economic conditions. Investors should carefully consider their investment objectives and consult with a financial advisor before making any investment decisions.



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