FYI: Perth Mint Physical Gold ETF (NYSE Arca: AAAU) Debuts as First ETF with Sovereign-Backed Gold
AAAU is fully backed by physical gold and that underlying physical gold is guaranteed by the Government of Western Australia with shares exchangeable for delivery of a wide range of gold products
August 15, 2018 09:00 AM Eastern Daylight Time
The Perth Mint, Australia’s largest precious metals refining, minting and depository enterprise, today announced the launch of the Perth Mint Physical Gold ETF (NYSE: Arca: AAAU) on the New York Stock Exchange (NYSE). Unique in the marketplace, AAAU is the first gold exchange-traded fund (ETF) that is backed by pure gold, where that physical gold is guaranteed by a sovereign entity and offers shares that can be exchanged for physical gold.
Regards,
Ted
https://www.businesswire.com/news/home/20180815005125/en/Perth-Mint-Physical-Gold-ETF-NYSE-Arca
