Sprott Trust Updates Fee Structure Amid Rising Costs

Sprott Physical Gold and Silver Trust Units (CEF) has released an update.

Sprott Physical Gold and Silver Trust has announced an updated fee structure due to increased redemption requests and operating costs at the Royal Canadian Mint’s Ottawa and Winnipeg facilities. The changes include an increase in standard redemption fees for the gold and silver trusts and the introduction of supplementary fees for multiple redemptions within a year. Despite higher costs, the new structure also allows for potential storage fee reductions for long-term holders.

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