FMP
GraniteShares Gold Trust
BAR
AMEX
BAR invests directly in physical gold stored in a London vault and custodied by ICBC Standard Bank. The structure of a grantor trust protects investors since trustees cannot lend the gold bars. Since BAR holds physical gold bars, investors can expect the fund to track the price of spot gold closely. Moreover, the fund provides exposure that is essentially identical to established competitors like GLD and IAU. Like all physical gold funds, any long-term gains will result in noteworthy tax liabilities, since BAR is considered a collectible.Investors should consider aspects such as fund issuer, trust custodian, vault location, and all-in trading costs when comparing similar funds.
22.76 USD
-0.07 (-0.308%)
About
ceo
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sector
Financial Services
industry
Asset Management
website
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exchange
AMEX
Description
BAR invests directly in physical gold stored in a London vault and custodied by ICBC Standard Bank. The structure of a grantor trust protects investors since trustees cannot lend the gold bars. Since BAR holds physical gold bars, investors can expect the fund to track the price of spot gold closely. Moreover, the fund provides exposure that is essentially identical to established competitors like GLD and IAU. Like all physical gold funds, any long-term gains will result in noteworthy tax liabilities, since BAR is considered a collectible.Investors should consider aspects such as fund issuer, trust custodian, vault location, and all-in trading costs when comparing similar funds.
CIK
0001690437
ISIN
US38748G1013
CUSIP
38748G101
Address
N/A
Phone
NA
Country
US
Employee
N/A
IPO Date
Sep 1, 2017
Key Executives
