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GraniteShares Gold Trust

BARAsset ManagementNew York, United States

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.

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GraniteShares Gold Trust at a glance

GraniteShares Gold Trust is an asset management company headquartered in New York, United States. It is publicly listed (BAR) with a market capitalisation of $1.3B. Xcout tracks 1 named person at GraniteShares Gold Trust, including Gary Sirmon (Director).

Industry
Asset Management
Headquarters
New York, United States
Market cap
$1.3B
Ticker
BAR

GraniteShares Gold Trust leadership

  • Gary SirmonDirector

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