Goldman Sachs Physical Gold an investment trust. The Trust issues Perth Mint Physical Gold ETF Shares (the shares), which represent units of fractional undivided beneficial interest in it. Gold Corporation (the Custodial Sponsor) and Exchange Traded Concepts, LLC (the Administrative Sponsor and, together with Custodial Sponsor, the Sponsors) are the sponsors of the Trust. The primary objective of the Trust is to provide investors with an opportunity to invest in gold through the shares, and have the gold stored by the Custodial Sponsor. An additional objective of the Trust is for the shares to reflect the performance of the price of gold less the expenses of the Trust's operations. The AAAU YTD return is shown above.
The YTD Return on the AAAU YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether AAAU YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AAAU YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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