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10-Q Filing

World Gold Trust CIK: 1618181 Q2 2020
Filing Information
Form Type 10-Q
Accession Number 0001193125-20-137734
Period End Date 20200331
Filing Date 20200508
Fiscal Year 2020
Fiscal Period Q2
XBRL Instance d911671d10q_htm.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 24 line items
Line Item Tag Value Unit Period
Investment in Gold, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $1.52B USD Point-in-time
Investment in Gold, at fair value InvestmentInPhysicalCommoditiesFairValueDisclosure $1.04B USD Point-in-time
Investment in Gold, at cost InvestmentOwnedAtCost $1.32B USD Point-in-time
Gold receivable GoldReceivable $14.82M USD Point-in-time
Gold receivable GoldReceivable $93.03M USD Point-in-time
Investment in Gold, at cost InvestmentOwnedAtCost $916.79M USD Point-in-time
Total Assets Assets $1.62B USD Point-in-time
Total Assets Assets $1.05B USD Point-in-time
Accounts payable to Sponsor DueToRelatedPartiesCurrent $220.00K USD Point-in-time
Accounts payable to Sponsor DueToRelatedPartiesCurrent $148.00K USD Point-in-time
Total Liabilities Liabilities $148.00K USD Point-in-time
Total Liabilities Liabilities $220.00K USD Point-in-time
Net Assets AssetsNet $676.46M USD Point-in-time
Net Assets AssetsNet $1.05B USD Point-in-time
Net Assets AssetsNet $255.34M USD Point-in-time
Net Assets AssetsNet $1.62B USD Point-in-time
Net Assets AssetsNet $1.13B USD Point-in-time
Net Assets AssetsNet $425.95M USD Point-in-time
Net asset value per Share NetAssetValuePerShare $12.80 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $15.19 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $12.94 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $14.82 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $16.04 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $11.87 USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Sponsor fees SponsorFees $1.08M USD 2 Qtrs
Sponsor fees SponsorFees $586.00K USD 1 Quarter
Sponsor fees SponsorFees $274.00K USD 1 Quarter
Sponsor fees SponsorFees $431.00K USD 2 Qtrs
Gold Delivery Provider fees BrokerFees $12.00K USD 1 Quarter
Gold Delivery Provider fees BrokerFees $24.00K USD 2 Qtrs
Gold Delivery Provider fees BrokerFees - USD 2 Qtrs
Gold Delivery Provider fees BrokerFees - USD 1 Quarter
Total expenses OperatingExpenses $455.00K USD 2 Qtrs
Total expenses OperatingExpenses $586.00K USD 1 Quarter
Total expenses OperatingExpenses $1.08M USD 2 Qtrs
Total expenses OperatingExpenses $286.00K USD 1 Quarter
Net investment loss NetInvestmentIncome $-455.00K USD 2 Qtrs
Net investment loss NetInvestmentIncome $-286.00K USD 1 Quarter
Net investment loss NetInvestmentIncome $-586.00K USD 1 Quarter
Net investment loss NetInvestmentIncome $-1.08M USD 2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $10.00K USD 2 Qtrs
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $11.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $68.00K USD 1 Quarter
Net realized gain/(loss) from investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $116.00K USD 2 Qtrs
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet - USD 2 Qtrs
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $975.00K USD 2 Qtrs
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $452.00K USD 1 Quarter
Net realized gain/(loss) on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Net realized gain/(loss) on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments $91.00K 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) on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments $70.00K USD 2 Qtrs
Net realized gain/(loss) on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments - USD 2 Qtrs
Net realized gain/(loss) from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $3.32M USD 1 Quarter
Net realized gain/(loss) from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $8.01M USD 2 Qtrs
Net realized gain/(loss) from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares - USD 2 Qtrs
Net realized gain/(loss) from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares - USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $2.85M USD 1 Quarter
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $83.56M USD 2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $27.59M USD 2 Qtrs
Net change in unrealized appreciation/(depreciation) on investment in gold UnrealizedGainLossOnInvestments $61.19M USD 1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $64.58M USD 1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $28.65M USD 2 Qtrs
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $3.41M USD 1 Quarter
Net realized and change in unrealized gain/(loss) on investment in gold and Gold Delivery Agreement GainLossOnInvestments $91.69M USD 2 Qtrs
Net Income/(Loss) NetIncomeLoss $63.99M USD 1 Quarter
Net Income/(Loss) NetIncomeLoss $28.19M USD 2 Qtrs
Net Income/(Loss) NetIncomeLoss $3.12M USD 1 Quarter
Net Income/(Loss) NetIncomeLoss $90.60M USD 2 Qtrs
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $226.00K USD 1 Quarter
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $1.01M USD 2 Qtrs
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $534.00K USD 1 Quarter
Cash proceeds received from sales of gold ProceedsFromSaleOfTrustAssetsToPayExpenses $353.00K USD 2 Qtrs
Cash expenses paid PaymentsForOperatingActivities $534.00K USD 1 Quarter
Cash expenses paid PaymentsForOperatingActivities $1.01M USD 2 Qtrs
Cash expenses paid PaymentsForOperatingActivities $226.00K USD 1 Quarter
Cash expenses paid PaymentsForOperatingActivities $353.00K USD 2 Qtrs
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 1 Quarter
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 2 Qtrs
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 2 Qtrs
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 2 Qtrs
Cash proceeds from issuance of shares ProceedsFromIssuanceOfCommonStock - USD 2 Qtrs
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 2 Qtrs
Cash paid for repurchase of shares PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Cash paid for repurchase of shares PaymentsForRepurchaseOfCommonStock - USD 2 Qtrs
Increase/(Decrease) in cash resulting from financing activities NetCashProvidedByUsedInFinancingActivities - USD 2 Qtrs
Increase/(Decrease) in cash resulting from financing activities NetCashProvidedByUsedInFinancingActivities - USD 1 Quarter
Increase/(Decrease) in cash resulting from financing activities NetCashProvidedByUsedInFinancingActivities - USD 2 Qtrs
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 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
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 $271.71M USD 1 Quarter
Value of gold received for creation of shares, net of gold receivable FairValueOfGoldReceivedForCreationOfSharesNetOfGoldReceivable $483.19M USD 2 Qtrs
Value of gold received for creation of shares, net of gold receivable FairValueOfGoldReceivedForCreationOfSharesNetOfGoldReceivable $370.39M USD 1 Quarter
Value of gold received for creation of shares, net of gold receivable FairValueOfGoldReceivedForCreationOfSharesNetOfGoldReceivable $392.93M USD 2 Qtrs
Value of gold distributed for redemption of shares, net of gold payable FairValueOfGoldDistributedForRedemptionOfShares - USD 1 Quarter
Value of gold distributed for redemption of shares, net of gold payable FairValueOfGoldDistributedForRedemptionOfShares $-87.59M USD 2 Qtrs
Value of gold distributed for redemption of shares, net of gold payable FairValueOfGoldDistributedForRedemptionOfShares $-37.79M USD 1 Quarter
Value of gold distributed for redemption of shares, net of gold payable FairValueOfGoldDistributedForRedemptionOfShares - USD 2 Qtrs
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 $2.15M USD 1 Quarter
Value of Gold Delivery Agreement inflows net of Gold Delivery Agreement receivable FairValueOfGoldDeliveryAgreementInflows $4.78M USD 2 Qtrs
Value of Gold Delivery Agreement inflows net of Gold Delivery Agreement receivable FairValueOfGoldDeliveryAgreementInflows - USD 2 Qtrs
Value of Gold Delivery Agreement outflows net of Gold Delivery Agreement payable FairValueOfGoldDeliveryAgreementOutflows $1.96M USD 1 Quarter
Value of Gold Delivery Agreement outflows net of Gold Delivery Agreement payable FairValueOfGoldDeliveryAgreementOutflows - USD 1 Quarter
Value of Gold Delivery Agreement outflows net of Gold Delivery Agreement payable FairValueOfGoldDeliveryAgreementOutflows $3.95M USD 2 Qtrs
Value of Gold Delivery Agreement outflows net of Gold Delivery Agreement payable FairValueOfGoldDeliveryAgreementOutflows - USD 2 Qtrs
Gold paid for Gold Delivery Provider fees GoldPaidForGoldDeliveryProviderFees - USD 2 Qtrs
Gold paid for Gold Delivery Provider fees GoldPaidForGoldDeliveryProviderFees $24.00K USD 2 Qtrs
Gold paid for Gold Delivery Provider fees GoldPaidForGoldDeliveryProviderFees $12.00K USD 1 Quarter
Gold paid for Gold Delivery Provider fees GoldPaidForGoldDeliveryProviderFees - USD 1 Quarter
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpensesIncludingSponsorAndDeliveryFee $1.01M USD 2 Qtrs
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpensesIncludingSponsorAndDeliveryFee $226.00K USD 1 Quarter
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpensesIncludingSponsorAndDeliveryFee $534.00K USD 1 Quarter
Proceeds from sales of gold to pay expenses ProceedsFromSaleOfTrustAssetsToPayExpensesIncludingSponsorAndDeliveryFee $353.00K USD 2 Qtrs
Net realized (gain)/loss on investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $10.00K USD 2 Qtrs
Net realized (gain)/loss on investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $11.00K USD 1 Quarter
Net realized (gain)/loss on investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $68.00K USD 1 Quarter
Net realized (gain)/loss on investment in gold sold to pay Sponsor fees GainLossOnSaleOfTrustAssetsToPayExpenses $116.00K USD 2 Qtrs
Net realized (gain)/loss on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet - USD 2 Qtrs
Net realized (gain)/loss on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $975.00K USD 2 Qtrs
Net realized (gain)/loss on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet $452.00K USD 1 Quarter
Net realized (gain)/loss on Gold Delivery Agreement DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Net realized (gain)/loss on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments $91.00K 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 on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments $70.00K USD 2 Qtrs
Net realized (gain)/loss on gold transferred to cover Gold Delivery Agreement and Gold Delivery Provider fees GainLossOnSaleOfInvestments - USD 2 Qtrs
Net realized (gain)/loss from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $3.32M USD 1 Quarter
Net realized (gain)/loss from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares $8.01M USD 2 Qtrs
Net realized (gain)/loss from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares - USD 2 Qtrs
Net realized (gain)/loss from gold distributed for the redemption of shares NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares - USD 1 Quarter
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $2.85M USD 1 Quarter
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $83.56M USD 2 Qtrs
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $27.59M USD 2 Qtrs
Net change in unrealized (appreciation)/depreciation on investment in gold UnrealizedGainLossOnInvestments $61.19M USD 1 Quarter
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $78.00K USD 2 Qtrs
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $72.00K USD 2 Qtrs
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $48.00K USD 1 Quarter
Increase/(Decrease) in accounts payable to Sponsor IncreaseDecreaseInAccountsPayableRelatedParties $52.00K USD 1 Quarter
Net Income/(Loss) ProfitLoss $63.99M USD 1 Quarter
Net Income/(Loss) ProfitLoss $28.19M USD 2 Qtrs
Net Income/(Loss) ProfitLoss $3.12M USD 1 Quarter
Net Income/(Loss) ProfitLoss $90.60M USD 2 Qtrs
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 1 Quarter
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 2 Qtrs
Increase/(Decrease) in cash resulting from operations NetCashProvidedByUsedInOperatingActivities - USD 2 Qtrs
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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