Market Overview

Perth Mint Physical Gold ETF (NYSE Arca: AAAU) Debuts as First ETF with Sovereign-Backed Gold

Share:

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

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) 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. The
Bank of New York Mellon
(BNYM) has been appointed as the fund's
trustee and Exchange
Traded Concepts
as its administrative sponsor.

Established almost 120 years ago, The Perth Mint is renowned as a fully
integrated producer of premium precious metals.

AAAU shares are backed by physical gold with a purity of at least 99.5
percent and secured within The Perth Mint's network of central bank
grade vaults in Western Australia. The Perth Mint may, on rare
occasions, store the gold in other highly secure vaults. All the gold
held on behalf of AAAU is guaranteed by the Government of Western
Australia.

"With our one-of-a-kind government guarantee and shares that can be
exchanged for physical gold of unquestionable quality, AAAU stands out
in the ETF space," said Richard Hayes, The Perth Mint's Chief Executive
Officer. "We believe investors will have greater confidence with the
knowledge that their wealth is physically stored in one of the most
secure central bank grade vaults in the southern hemisphere. AAAU is a
truly unique offering for investors as it adds a new layer to hard asset
investing in the United States."

A key feature of AAAU is that investors may, at any time, exchange their
shares for delivery of physical gold. Shareholders may select from an
extensive suite of premium bullion bars and coins available from The
Perth Mint, which is also one of the largest suppliers of gold coins to
the US market.

As the refiner and manufacturer of precious metals products, The Perth
Mint offers investors delivery of gold to their door.

Furthermore, the fund will pay all its expenses in gold ounces,
minimizing potential tracking errors in the gold price.

AAAU combines a contemporary yet solid investment option in an asset
that has held its purchasing power across centuries of economic and
geopolitical upheaval.

"In an increasingly uncertain and turbulent world, the case for gold
remains compelling," said Mr. Hayes. "Investing in gold through AAAU
provides investors with an alternative means away from the traditional
commercial financial institutions typically located in London and New
York and also serves as a potential hedge against inflation, currency
risk and stock market volatility."

Investors can learn more about AAAU and access its holding list
specifying all physical gold segregated and secured for AAAU investors
at www.aaauetf.com.

This material must be preceded or accompanied by a prospectus.

Investors should consider the investment objectives, risks, charges
and expenses carefully before investing. For a prospectus or summary
prospectus with this and other information about the Perth Mint Physical
Gold ETF ("Trust"), please call 1-844-880-3837 or visit our
website at
www.aaauetf.com.
Read the prospectus or summary prospectus carefully before investing.

The Fund is not a mutual fund or any other type of Investment Company
within the meaning of the Investment Company Act of 1940, as amended,
and is not subject to regulation thereunder. The value of your shares
fluctuates based upon the price of the gold held by the Trust.
Fluctuations in the price of gold could materially adversely affect your
investment in the shares. Investors should be advised that there is no
assurance that gold will maintain its long-term value in terms of U.S.
dollar value in the future. In the event that the price of gold
declines, the value of an investment in the shares is expected to
decline proportionately.

Trust shares may trade at Net Asset Value or at a price that is above or
below Net Asset Value. Any discount or premium in the trading price
relative to the Net Asset Value per share may widen as a result of the
different trading hours of NYSE Arca and other exchanges. Substantial
sales of gold by central banks, governmental agencies and multi-lateral
institutions could adversely affect an investment in the shares. Because
the Trust invests only in gold, an investment in the Trust may be more
volatile than an investment in a more broadly diversified portfolio. The
lack of an active trading market for the shares may result in losses on
your investment at the time of disposition of your shares.

The request for the exchange of shares for gold is subject to a number
of risks including but not limited to the potential for the price of
gold to decline during the time between the submission of the request
and delivery. Delivery may take a considerable amount of time depending
on your location. The Trust may suspend redemptions of baskets by
authorized participants and Gold Corporation may suspend or reject the
exchange of shares for physical gold, which could affect the market
price of the shares. The withdrawal of an authorized participant and
substantial redemptions by authorized participants may affect the
liquidity of the shares.

Gold owned by the Trust may be subject to loss, damage, theft or
restriction on access. Although the Trust does not insure gold held by
the Custodian, the Custodian's obligations in relation to gold owned by
the Trust and held in safekeeping by the Custodian are subject to the
Government Guarantee in the event the Gold is lost, damaged, or stolen.

Marketing Agent: Foreside Fund Services, LLC

The shares are neither interests in nor obligations of, and are not
guaranteed by, the Sponsors (Gold Corporation and Exchange Traded
Concepts, LLC), their member(s), or any of their affiliates. The shares
are not insured by the Federal Deposit Insurance Corporation or any
other governmental agency.

About The Perth Mint

The Perth Mint is the trading name of Gold Corporation, the Custodial
Sponsor and Custodian of the Perth Mint Physical Gold ETF (NYSE Arca:
AAAU). It is wholly owned and guaranteed by the Government of Western
Australia.

The Perth Mint is Australia's largest fully integrated precious metals
refining, minting and depository enterprise. Its refinery is one of a
select group globally that is accredited by the five major gold
exchanges, being the London Bullion Market Association (LBMA), New York
Commodities Exchange (COMEX), Shanghai Gold Exchange (SGE), Tokyo
Commodities Exchange (TOCOM) and Dubai Multi Commodities Centre
(DMCC). Processing more than 92 percent of the gold mined in Australia,
the world's second largest producer of gold after China, its total
production capacity is in excess of 800 tons of gold per year.

The Perth Mint also operates the most extensive network of central bank
grade vaulting facilities in the southern hemisphere, where it
safeguards precious metals worth billions of dollars on behalf of
investors. As one of Western Australia's top five exporters, The Perth
Mint distributes approximately USD 14 billion of precious metal bars and
coins to more than 130 countries annually, which is equivalent to over
10 percent of the world's annual gold production.

About Exchange Traded Concepts

Exchange Traded Concepts (ETC) is the leading investment advisor with a
turnkey Exchange Traded Products (ETP) platform that provides time
sensitive and cost-effective methods to bring an exchange-traded fund to
market. Seasoned ETF professionals have the experience plus the industry
expertise required to navigate the complexities of launching, marketing,
distributing and managing an ETF. ETC provides firms with the guidance
necessary to maintain full regulatory compliance. With 27 funds and more
than $5.5 billion in Assets Under Management (AUM), ETC is the
recognized leader in supporting firms develop intelligent investment
solutions within the ETF universe for all types of asset classes.

About BNY Mellon

BNY Mellon is a global investments company dedicated to helping its
clients manage and service their financial assets throughout the
investment lifecycle. Whether providing financial services for
institutions, corporations or individual investors, BNY Mellon delivers
informed investment management and investment services in 35 countries.
As of June 30, 2018, BNY Mellon had $33.6 trillion in assets under
custody and/or administration, and $1.8 trillion in assets under
management. BNY Mellon can act as a single point of contact for clients
looking to create, trade, hold, manage, service, distribute or
restructure investments. BNY Mellon is the corporate brand of The Bank
of New York Mellon Corporation (NYSE:BK). Additional information is
available on www.bnymellon.com.
Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom
for the latest company news.

View Comments and Join the Discussion!