Perth Mint Physical Gold ETF
0.58 %
36.61 %
Yet to be announced
Company Overview
The Perth Mint Physical Gold ETF (AAAU) is an exchange-traded fund that aims to provide investors with exposure to physical gold. The ETF is backed by physical gold stored at The Perth Mint, which is owned by the Government of Western Australia. Each share represents ownership of physical gold held in custody by The Perth Mint.
The fund's objective is to track the performance of the price of gold. The physical gold backing the ETF is stored in The Perth Mint's network of central bank grade vaults, and the gold is guaranteed by the Government of Western Australia.
Revenue Sources
PassAAAU is a gold-backed ETF where revenue comes from the appreciation/depreciation of physical gold holdings. Trading physical gold and the transfer of ownership of real assets is permitted in Islamic finance. The fund does not engage in prohibited activities like gambling or trading of haram products.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
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Based on the financial data from the last four quarters, AAAU reports zero interest income and zero interest expense. The fund's revenue is derived entirely from the performance of physical gold holdings. There is no evidence of material interest-based income or expenses in the fund's operations.
Operational Ethics
PassThe Perth Mint is owned by the Government of Western Australia and operates under Australian regulations. There is no evidence of current material associations with the state of Israel or the Chinese Communist Party. The fund's operations are centered in Australia with transparent custody and storage of physical gold.
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