10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-17-248848 |
| Period End Date | 20170630 |
| Filing Date | 20170804 |
| Fiscal Year | 2017 |
| Fiscal Period | Q2 |
| XBRL Instance | gldw-20170630.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investment in Gold (cost $25,483 at June 30, 2017) |
InvestmentInPhysicalCommoditiesFairValueDisclosure
|
$26.23M | USD | Point-in-time |
| Total Assets |
Assets
|
$26.23M | USD | Point-in-time |
| Investment in Gold, at cost |
InvestmentOwnedAtCost
|
$25.48M | USD | Point-in-time |
| Accounts payable to Sponsor |
DueToRelatedPartiesCurrent
|
$7.00K | USD | Point-in-time |
| Common stock, par value |
TemporaryEquityParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Gold Delivery Agreement payable |
GoldDeliveryAgreementPayable
|
$136.00K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$143.00K | USD | Point-in-time |
| Net Assets |
AssetsNet
|
- | USD | Point-in-time |
| Net Assets |
AssetsNet
|
$26.09M | USD | Point-in-time |
| Shares issued |
TemporaryEquitySharesIssued
|
220,000.00 | shares | Point-in-time |
| Shares issued |
TemporaryEquitySharesIssued
|
10.00 | shares | Point-in-time |
| Shares outstanding |
TemporaryEquitySharesOutstanding
|
220,000.00 | shares | Point-in-time |
| Net asset value per Share |
NetAssetValuePerShare
|
$124.07 | USD | Point-in-time |
| Net asset value per Share |
NetAssetValuePerShare
|
$118.42 | USD | Point-in-time |
| Net asset value per Share |
NetAssetValuePerShare
|
$118.59 | USD | Point-in-time |
Income Statement
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sponsor fees |
SponsorFees
|
$35.00K | USD | 3 Qtrs |
| Sponsor fees |
SponsorFees
|
$22.00K | USD | 1 Quarter |
| Gold Delivery Provider fees |
BrokerFees
|
$18.00K | USD | 3 Qtrs |
| Gold Delivery Provider fees |
BrokerFees
|
$11.00K | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$53.00K | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$33.00K | USD | 1 Quarter |
| Net investment loss |
NetInvestmentIncome
|
$-33.00K | USD | 1 Quarter |
| Net investment loss |
NetInvestmentIncome
|
$-53.00K | USD | 3 Qtrs |
| Net realized gain/(loss) from investment in gold sold to pay Sponsor fees |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$2.00K | USD | 3 Qtrs |
| Net realized gain/(loss) from investment in gold sold to pay Sponsor fees |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$1.00K | USD | 1 Quarter |
| Net realized gain/(loss) from Gold Delivery Agreement |
DerivativeGainLossOnDerivativeNet
|
$-1.31M | USD | 3 Qtrs |
| Net realized gain/(loss) from Gold Delivery Agreement |
DerivativeGainLossOnDerivativeNet
|
$-1.23M | USD | 1 Quarter |
| Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees |
GainLossOnSaleOfInvestments
|
$115.00K | USD | 1 Quarter |
| Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees |
GainLossOnSaleOfInvestments
|
$154.00K | USD | 3 Qtrs |
| Net change in unrealized appreciation/(depreciation) from investment in gold |
UnrealizedGainLossOnInvestments
|
$750.00K | USD | 3 Qtrs |
| Net change in unrealized appreciation/(depreciation) from investment in gold |
UnrealizedGainLossOnInvestments
|
$-62.00K | USD | 1 Quarter |
| Net realized and change in unrealized gain/(loss) from investment in gold and Gold Delivery Agreement |
GainLossOnInvestments
|
$-1.17M | USD | 1 Quarter |
| Net realized and change in unrealized gain/(loss) from investment in gold and Gold Delivery Agreement |
GainLossOnInvestments
|
$-407.00K | USD | 3 Qtrs |
| Net Loss |
NetIncomeLoss
|
$-460.00K | USD | 3 Qtrs |
| Net Loss |
NetIncomeLoss
|
$-1.21M | USD | 1 Quarter |
| Net Income/(loss) per share |
EarningsPerShareBasic
|
$-2.20 | USD | 3 Qtrs |
| Net Income/(loss) per share |
EarningsPerShareBasic
|
$-5.48 | USD | 1 Quarter |
| Weighted average number of shares (in 000's) |
WeightedAverageNumberOfSharesOutstandingBasic
|
209,000.00 | shares | 3 Qtrs |
| Weighted average number of shares (in 000's) |
WeightedAverageNumberOfSharesOutstandingBasic
|
220,000.00 | shares | 1 Quarter |
Cash Flow Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash proceeds received from sales of gold |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$34.00K | USD | 1 Quarter |
| Cash proceeds received from sales of gold |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$46.00K | USD | 3 Qtrs |
| Cash expenses paid |
PaymentsForOperatingActivities
|
$46.00K | USD | 3 Qtrs |
| Cash expenses paid |
PaymentsForOperatingActivities
|
$34.00K | USD | 1 Quarter |
| Increase/(Decrease) in cash resulting from operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
- | USD | 3 Qtrs |
| Increase/(Decrease) in cash resulting from operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
- | USD | 1 Quarter |
| Cash proceeds from issuance of stock |
ProceedsFromIssuanceOfCommonStock
|
$1.00K | USD | 3 Qtrs |
| Cash paid for repurchase of stock |
PaymentsForRepurchaseOfCommonStock
|
$1.00K | USD | 3 Qtrs |
| Increase/(Decrease) in cash resulting from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 3 Qtrs |
| Increase/(Decrease) in cash resulting from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
- | USD | Point-in-time |
| Value of gold received for creation of shares - net of gold receivable |
FairValueOfAssetsAcquired
|
$26.55M | USD | 3 Qtrs |
| Value of gold distributed for redemption of shares - net of gold payable |
FairValueOfGoldDistributedForRedemptionOfShares
|
- | USD | 3 Qtrs |
| Value of gold distributed for redemption of shares - net of gold payable |
FairValueOfGoldDistributedForRedemptionOfShares
|
- | USD | 1 Quarter |
| Value of Gold Delivery Agreement inflows - net of Gold Delivery Agreement receivable |
FairValueOfGoldDeliveryAgreementInflows
|
$3.14M | USD | 3 Qtrs |
| Value of Gold Delivery Agreement inflows - net of Gold Delivery Agreement receivable |
FairValueOfGoldDeliveryAgreementInflows
|
$1.70M | USD | 1 Quarter |
| Value of Gold Delivery Agreement outflows - net of Gold Delivery Agreement payable |
FairValueOfGoldDeliveryAgreementOutflows
|
$2.63M | USD | 1 Quarter |
| Value of Gold Delivery Agreement outflows - net of Gold Delivery Agreement payable |
FairValueOfGoldDeliveryAgreementOutflows
|
$4.31M | USD | 3 Qtrs |
| Net Loss |
NetIncomeLoss
|
$-460.00K | USD | 3 Qtrs |
| Net Loss |
NetIncomeLoss
|
$-1.21M | USD | 1 Quarter |
| Proceeds from sales of gold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$34.00K | USD | 1 Quarter |
| Proceeds from sales of gold to pay expenses |
ProceedsFromSaleOfTrustAssetsToPayExpenses
|
$46.00K | USD | 3 Qtrs |
| Net realized gain/(loss) from investment in gold sold to pay Sponsor fees |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$2.00K | USD | 3 Qtrs |
| Net realized gain/(loss) from investment in gold sold to pay Sponsor fees |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$1.00K | USD | 1 Quarter |
| Net realized (gain)/loss from Gold Delivery Agreement |
DerivativeGainLossOnDerivativeNet
|
$-1.31M | USD | 3 Qtrs |
| Net realized (gain)/loss from Gold Delivery Agreement |
DerivativeGainLossOnDerivativeNet
|
$-1.23M | USD | 1 Quarter |
| Net realized (gain)/loss from gold sold to cover Gold Delivery Provider fees |
GainLossOnSaleOfInvestments
|
$115.00K | USD | 1 Quarter |
| Net realized (gain)/loss from gold sold to cover Gold Delivery Provider fees |
GainLossOnSaleOfInvestments
|
$154.00K | USD | 3 Qtrs |
| Net change in unrealized (appreciation)/depreciation on investment in gold |
UnrealizedGainLossOnInvestments
|
$750.00K | USD | 3 Qtrs |
| Net change in unrealized (appreciation)/depreciation on investment in gold |
UnrealizedGainLossOnInvestments
|
$-62.00K | USD | 1 Quarter |
| Increase/(Decrease) in accounts payable to Sponsor |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-1.00K | USD | 1 Quarter |
| Increase/(Decrease) in accounts payable to Sponsor |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$7.00K | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
- | USD | 1 Quarter |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Assets - Opening Balance |
AssetsNet
|
- | USD | Point-in-time |
| Net Assets - Opening Balance |
AssetsNet
|
$26.09M | USD | Point-in-time |
| Creations |
StockIssuedDuringPeriodValueNewIssues
|
$26.55M | USD | 3 Qtrs |
| Repurchase of stock |
StockRepurchasedDuringPeriodValue
|
$1.00K | USD | 3 Qtrs |
| Issuance of stock |
StockIssuedDuringPeriodValueInitialIssuance
|
$1.00K | USD | 3 Qtrs |
| Net investment loss |
NetInvestmentIncome
|
$-33.00K | USD | 1 Quarter |
| Net investment loss |
NetInvestmentIncome
|
$-53.00K | USD | 3 Qtrs |
| Net realized gain/(loss) from investment in gold sold to pay Sponsor fees |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$2.00K | USD | 3 Qtrs |
| Net realized gain/(loss) from investment in gold sold to pay Sponsor fees |
GainLossOnSaleOfTrustAssetsToPayExpenses
|
$1.00K | USD | 1 Quarter |
| Net realized gain/(loss) from Gold Delivery Agreement |
DerivativeGainLossOnDerivativeNet
|
$-1.31M | USD | 3 Qtrs |
| Net realized gain/(loss) from Gold Delivery Agreement |
DerivativeGainLossOnDerivativeNet
|
$-1.23M | USD | 1 Quarter |
| Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees |
GainLossOnSaleOfInvestments
|
$115.00K | USD | 1 Quarter |
| Net realized gain/(loss) from gold sold to cover Gold Delivery Provider fees |
GainLossOnSaleOfInvestments
|
$154.00K | USD | 3 Qtrs |
| Net change in unrealized appreciation/(depreciation) on investment in gold |
UnrealizedGainLossOnInvestments
|
$750.00K | USD | 3 Qtrs |
| Net change in unrealized appreciation/(depreciation) on investment in gold |
UnrealizedGainLossOnInvestments
|
$-62.00K | USD | 1 Quarter |
| Net Assets - Closing Balance |
AssetsNet
|
- | USD | Point-in-time |
| Net Assets - Closing Balance |
AssetsNet
|
$26.09M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.