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10-Q Filing

World Gold Trust CIK: 1618181 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001193125-20-028138
Period End Date 20191231
Filing Date 20200207
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance d868321d10q_htm.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 20 line items
Line Item Tag Value Unit Period
Investment in Gold, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $1.13B USD Point-in-time
Investment in Gold, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $1.04B USD Point-in-time
Gold receivable GoldReceivable $7.59M USD Point-in-time
Gold receivable GoldReceivable $14.82M USD Point-in-time
Total Assets Assets $1.05B USD Point-in-time
Total Assets Assets $1.13B USD Point-in-time
Investment in Gold, at cost InvestmentOwnedAtCost $984.05M USD Point-in-time
Investment in Gold, at cost InvestmentOwnedAtCost $916.79M USD Point-in-time
Accounts payable to Sponsor DueToRelatedPartiesCurrent $148.00K USD Point-in-time
Accounts payable to Sponsor DueToRelatedPartiesCurrent $168.00K USD Point-in-time
Total Liabilities Liabilities $148.00K USD Point-in-time
Total Liabilities Liabilities $168.00K USD Point-in-time
Net Assets AssetsNet $255.34M USD Point-in-time
Net Assets AssetsNet $1.13B USD Point-in-time
Net Assets AssetsNet $425.95M USD Point-in-time
Net Assets AssetsNet $1.05B USD Point-in-time
Net asset value per Share NetAssetValuePerShare $15.19 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $12.80 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $11.87 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $14.82 USD Point-in-time
Income Statement 22 line items
Line Item Tag Value Unit Period
Sponsor fees SponsorFees $497.00K USD 1 Quarter
Sponsor fees SponsorFees $157.00K USD 1 Quarter
Gold Delivery Provider fees BrokerFees $12.00K USD 1 Quarter
Gold Delivery Provider fees BrokerFees - USD 1 Quarter
Total expenses OperatingExpenses $169.00K USD 1 Quarter
Total expenses OperatingExpenses $497.00K USD 1 Quarter
Net investment loss NetInvestmentIncome $-497.00K USD 1 Quarter
Net investment loss NetInvestmentIncome $-169.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $-1.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $48.00K USD 1 Quarter
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $523.00K USD 1 Quarter
Net realized gain/(loss) on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments $-21.00K USD 1 Quarter
Net realized gain/(loss) on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments - USD 1 Quarter
Net realized gain/(loss) from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares - USD 1 Quarter
Net realized gain/(loss) from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $4.68M USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $24.74M USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $22.37M USD 1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $25.24M USD 1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $27.11M USD 1 Quarter
Net Income/(Loss) NetIncomeLoss $26.61M USD 1 Quarter
Net Income/(Loss) NetIncomeLoss $25.07M USD 1 Quarter
Cash Flow Statement 48 line items
Line Item Tag Value Unit Period
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $477.00K USD 1 Quarter
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $127.00K USD 1 Quarter
Cash expenses paid PaymentsForOperatingActivities $127.00K USD 1 Quarter
Cash expenses paid PaymentsForOperatingActivities $477.00K USD 1 Quarter
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 1 Quarter
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 1 Quarter
Cash proceeds from issuance of shares ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Cash proceeds from issuance of shares ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Cash paid for repurchase of shares PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Cash paid for repurchase of shares PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Increase/(Decrease) in cash resulting from financing activities NetCashProvidedByUsedInFinancingActivities - USD 1 Quarter
Increase/(Decrease) in cash resulting from financing activities NetCashProvidedByUsedInFinancingActivities - USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Value of gold received for creation of shares, net of gold receivable FairValueOfGoldReceivedForCreationOfSharesNetOfGoldReceivable $121.22M USD 1 Quarter
Value of gold received for creation of shares, net of gold receivable FairValueOfGoldReceivedForCreationOfSharesNetOfGoldReceivable $112.80M USD 1 Quarter
Value of gold distributed for redemption of shares, net of gold payable FairValueOfGoldDistributedForRedemptionOfShares $49.80M USD 1 Quarter
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 - USD 1 Quarter
Value of Gold Delivery Agreement inflows net of Gold Delivery Agreement receivable FairValueOfGoldDeliveryAgreementInflows $2.63M USD 1 Quarter
Value of Gold Delivery Agreement outflows net of Gold Delivery Agreement payable FairValueOfGoldDeliveryAgreementOutflows $2.00M USD 1 Quarter
Value of Gold Delivery Agreement outflows net of Gold Delivery Agreement payable FairValueOfGoldDeliveryAgreementOutflows - USD 1 Quarter
Gold paid for Gold Delivery Provider fees GoldPaidForGoldDeliveryProviderFees - USD 1 Quarter
Gold paid for Gold Delivery Provider fees GoldPaidForGoldDeliveryProviderFees $12.00K USD 1 Quarter
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpensesIncludingSponsorAndDeliveryFee $127.00K USD 1 Quarter
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpensesIncludingSponsorAndDeliveryFee $477.00K USD 1 Quarter
Net realized (gain)/loss on investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $-1.00K USD 1 Quarter
Net realized (gain)/loss on investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $48.00K USD 1 Quarter
Net realized (gain)/loss on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Net realized (gain)/loss on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $523.00K USD 1 Quarter
Net realized (gain)/loss on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments $-21.00K USD 1 Quarter
Net realized (gain)/loss on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments - USD 1 Quarter
Net realized (gain)/loss from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares - USD 1 Quarter
Net realized (gain)/loss from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $4.68M USD 1 Quarter
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $24.74M USD 1 Quarter
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $22.37M USD 1 Quarter
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $30.00K USD 1 Quarter
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $20.00K USD 1 Quarter
Net Income/(Loss) ProfitLoss $26.61M USD 1 Quarter
Net Income/(Loss) ProfitLoss $25.07M USD 1 Quarter
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 1 Quarter
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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