Sprott Physical Gold Trust

Sprott is a global investment management firm that specialises in precious metals. The company has headquarters in Toronto, Canada, and began operations in 1981. Operating internationally, Sprott manages approximately $17bn in assets as of August 2020. The company works to provide investors with access to a variety of real assets and precious metals investment strategies. Sprott has managed the Sprott Physical Gold Trust since its inception in 2010. The Sprott Physical Gold Trust is available on the NYSE Arca under the PHYS ticker. The fund is also listed on the Toronto Stock Exchange. As of August 2020, this trust has provided a 28.06% 1-year return. The PHYS share price has ranged from a low of $11.18 in March 2020 to a high of $16.50 in August 2020 over the course of the 52 weeks preceding October 2020. In August 2011, the PHYS stock hit a high of $16.86. The fund seeks to provide an alternative to those who wish to invest in physical gold bullion. It is a closed-end trust that invests in gold bars. Sprott also offers customers the opportunity to exchange their investment for physical gold bars on a monthly basis. Add this instrument to your eToro watchlist today to get instant updates on PHYS price changes.