Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
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New words:
accelerated, Attention, chapter, check, complying, deemed, Department, document, electronically, embedded, Employer, Extension, filer, Fitzpatrick, growing, heavy, inline, Instance, interactive, Label, Linkbase, Monica, page, post, posted, preceding, Rule, Schema, shell, shorter, smaller, submit, submitted, Taxonomy, Title, transition, XBRL
Removed:
announcement, beginning, Brexit, displayed, exhibited, experienced, index, Kingdom, leave, leveling, Neil, Puddicombe, rapid, reaching, rebounded, receded, referendum, robustly, sentiment, similarly, subsided, Union
Financial report summary
?Management Discussion
- Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
- The Trust holds Gold Bullion for the benefit of owners of Gold Deposit Receipts. One Gold Deposit Receipt represents the undivided beneficial ownership of one troy ounce of Gold Bullion. The Trustee performs only administrative and ministerial acts. The property of the Trust consists of the Gold Bullion and all monies or other property, if any, received by the Trustee. The Initial Depositor sells Gold Bullion to the Trust and arranges custodial services through its gold storage account. As of October 31, 2020, there were 979 Gold Deposit Receipts outstanding.
- The Trust is not managed like a corporation or an active investment vehicle. It does not have any officers, directors, or employees and is administered by the Trustee pursuant to the Depositary Trust Agreement. The expenses of the Trust are borne by the Initial Depositor.