the Trust did not have any cash balances. Review of Financial Results Financial Highlights Year Ended December 31, 2021 Year Ended December 31, 2020 Year Ended December 31, 2019 (Amounts in 000’s of US$) Total gain/(loss) on gold $ (126,860 ) $ 367,389 $ 155,359 Net change assets from operations $ (130,982 ) $ 363,748 $ 153,679 Net cash provided by operating activities $ — $ — $ — The net asset value (“NAV”) of the Trust is obtained