Sprott Physical Gold Trust Units (PHYS) has released an update.
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The Royal Canadian Mint has announced a revised fee structure for the Sprott Physical Gold Trust and Sprott Physical Silver Trust, reflecting increased operational efforts due to larger and more frequent redemptions by unitholders. The new fees are a response to the strain on the Mint’s resources and are designed to ensure profitability and value for stakeholders. Additionally, a supplementary redemption fee structure has been introduced, with a potential for reduced storage fees through rebates.
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