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Stock impact report

Perth Mint Physical Gold ETF (NYSE Arca: AAAU) Debuts as First ETF with Sovereign-Backed Gold

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Business Wire
AAAU is fully backed by physical gold and that underlying physical gold is guaranteed by the Government of Western Australia with shares exchangeable for delivery of a wide range of gold products NEW YORK--(BUSINESS WIRE)-- The Perth Mint, Australia’s largest precious metals refining, minting and depository enterprise, today announced the launch of the Perth Mint Physical Gold ETF (NYSE: Arca: AAAU) on the New York Stock Exchange (NYSE). Unique in the marketplace, AAAU is the first gold exchange-traded fund (ETF) that is backed by pure gold, where that physical gold is guaranteed by a sovereign entity and offers shares that can be exchanged for physical gold. The Bank of New York Mellon (BNYM) has been appointed as the fund’s trustee and Exchange Traded Concepts as its administrative sponsor. Established almost 120 years ago, The Perth Mint is renowned as a fully integrated producer of Show less Read more
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