Sprott Physical Gold and Silver Trust
Sprott Physical Gold and Silver Trust is a closed-end trust that invests in unencumbered and fully-allocated physical gold and silver bullion. It offers a range of strong advantages over traditional exchange-traded bullion funds. It provides a secure, accessible, and exchange-traded investment alternative for investors who want to hold physical gold and silver without the hassle typically brought about by direct investment in physical bullion.
KEY FACTS
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Inception Date: January 16, 2018
- Tickers: CEF (NYSE Arca), CEF.U (TSX $US), and CEF (TSX $CA)
- Fund Type: Closed-End Trust
- ISIN: CA85208R1010
- CUSIP: 85208R101
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Issuer: Sprott Physical Gold and Silver Trust
- Bullion Custodian: The Royal Canadian Mint
- Manager: Sprott Asset Management LP
- Trustee: RBC Investor Services
- Auditor: KPMG
NOTES
- Since it is set up as a PFIC, Sprott Physical Gold and Silver Trust may offer taxpayers in the United States lower capital gains rates than holding gold in other structures.