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Perth Mint Gold

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/106803-2024-04-17-02:37.pdf
FUND MANAGER Gold Corporation
ASX Code PMGOLD
APIR PMGOLD
ASSET CLASS EXCHANGE TRADED FUNDS
INVESTMENT STYLE

PMG will be fully covered by unallocated gold held by
Gold Corporation.
Unallocated gold held by Gold Corporation is predominantly
stored as
• Physical gold that is in unsegregated form in Gold
Corporations operations (refining, minting)
• Physical gold bars and coins held in Gold Corporations
vaults
• Gold held in Gold Corporation’s London metal accounts
Every ounce of unallocated gold is 100% backed by gold held
by Gold Corporation. The gold that Gold Corporation holds
to back unallocated metal is recorded on Gold Corporation’s
balance sheet as an asset, whilst the unallocated ounces sold
to investors are recorded as a liability.

INVESTMENT PROFILE

PMGOLD is designed to track the international price of gold in Australian dollars and offers investors a simple, low cost way to access the returns on gold. PMGOLD trades like a regular share and is purchased via a stock broking account.

Investments in PMGOLD are fully backed by physical bullion held by The Perth Mint, with metal stored on investors’ behalf guaranteed by the Government of Western Australia.
PMGOLD units can be converted into gold holdings in a Perth Mint Depository account. Depository account holders can choose to take delivery of physical gold bars. Fees and charges apply

CURRENCY MANAGEMENT
INCEPTION DATE 09-05-2003
BENCHMARK AUD
FUND SIZE AUD
DISTRIBUTION FREQUENCY
NO. OF HOLDINGS
FEES 0.15% p.a
STRUCTURE

Benefits

Benefits

The possible benefits of investing in PMG include:

• acquiring a non-leveraged product that tracks closely the
international over-the counter market spot price of gold
(unhedged in Australian dollars);


• owning an investment managed by Gold Corporation,
a statutory authority of the Government of Western
Australia;


• gaining a Government guaranteed right to acquire
physical gold from Australia’s leading precious metals mint,
which has over a century’s involvement in the nation’s
gold industry;


• owning an investment that can be traded on the ASX,
which provides a transparent and regulated market; and


• avoiding the risks and costs associated with personal
storage of gold bullion.

RISK LEVEL Low to medium
INVESTOR SUITABILITY

This product is likely to be appropriate for a consumer seeking capital growth or capital preservation, to be used as a core
component or satellite allocation within a portfolio where the consumer has a medium to long-term investment timeframe,
medium to high risk return profile and needs daily access to capital.

Risks

Title
Detail

Key Features

PMG will be fully covered by unallocated gold held by
Gold Corporation.
Unallocated gold held by Gold Corporation is predominantly
stored as
• Physical gold that is in unsegregated form in Gold
Corporations operations (refining, minting)
• Physical gold bars and coins held in Gold Corporations
vaults
• Gold held in Gold Corporation’s London metal accounts
Every ounce of unallocated gold is 100% backed by gold held
by Gold Corporation. The gold that Gold Corporation holds
to back unallocated metal is recorded on Gold Corporation’s
balance sheet as an asset, whilst the unallocated ounces sold
to investors are recorded as a liability.
Every PMG you own will entitle you (upon exercise) to gold
from Gold Corporation.

Mandate

PMGOLD is designed to track the international price of gold in Australian dollars
and offers investors a simple, low cost way to access the returns on gold.
PMGOLD trades like a regular share and is purchased via a stock broking account.
I

nvestments in PMGOLD are fully backed by physical bullion held by The Perth Mint, with metal stored on investors’ behalf guaranteed by the Government of Western Australia. PMGOLD units can be converted into gold holdings in a Perth Mint Depository account. Depository account holders can choose to take delivery of physical gold bars. Fees and charges apply