IAU|ishares Gold Trust | IAU

IAU|ishares Gold Trust Profile

  • Sector: Miscellaneous
  • Industry: Investment Trusts/Mutual Funds
  • Employees: N/A

iShares Gold Trust is an investment vehicle, which engages in owning gold transferred to the trust in exchange for shares issued by the trust. Its activities include issuing baskets of shares in exchange for the gold deposited with the custodian as consideration; selling gold as necessary to cover the sponsor’s fee, trust expenses not assumed by the sponsor and other liabilities; and delivering gold in exchange for baskets surrendered for redemption. The company was founded on January 21, 2005 and is headquartered in San Francisco, CA.

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