other
confidence high
sentiment neutral
materiality 0.25
iShares Gold Trust extends term to perpetual, increases sponsor legal fee cap to $500K annually
ISHARES GOLD TRUST
- Trust term changed from limited to perpetual via Fifth Amended and Restated Depositary Trust Agreement.
- Sponsor's annual legal fee assumption raised from $100,000 to $500,000.
- Changes effective January 31, 2022.