arcee-ai/sec-data-mini · Datasets at Hugging Face

text stringlengths 6 768k
the Trust’s Current Report on Form 8-K on June 11, 2020 10.3 Depository
Agreement, incorporated by reference to Exhibit 10.3 filed with Registration Statement No. 333-158221 on September 1, 2009 10.4(a) Marketing
Agent Agreement, incorporated by reference to Exhibit 10.4 filed with Registration Statement No. 333-158221 on September 1,
2009 10.4(b) Novation
of and Amendment No. 1 to the Marketing Agent Agreement effective as of October 1, 2018 incorporated by reference to Exhibit
10.4(b) filed with the Trust’s Annual Report on Form 10-K on February 28, 2019. 23.1 Consent of KPMG LLP, Independent Registered Public Accounting Firm 31.1 Chief Executive Officer’s Certificate, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2 Chief Financial Officer’s Certificate, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32.1 Chief Executive Officer’s Certificate, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2 Chief Financial Officer’s Certificate, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 101 The following financial statements from the
Trust’s Annual Report on Form 10-K for the year ended December 31, 2022, formatted in Inline XBRL: (i) Statements of
Assets and Liabilities, (ii) Statements of Operations, (iii) Statements of Changes in Net Assets, and (iv) Notes to the Financial
Statements. 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Document 101.DEF Inline XBRL Taxonomy Extension Definitions Document 101.LAB Inline XBRL Taxonomy Extension Labels Document 101.PRE Inline XBRL Taxonomy Extension Presentation
Document 104 The cover page from the Trust’s Annual
Report on Form 10-K for the year ended December 31, 2022, formatted in Inline XBRL (included as Exhibit 101). Item
16. Form 10-K Summary Not
applicable. 50 ABRDN
GOLD ETF TRUST Financial Statements as of December 31, 2022 Index Page Report
of Independent Registered Public Accounting Firm F-2 Statements
of Assets and Liabilities at December 31, 2022 and 2021 F-3 Schedules
of Investments at December 31, 2022 and 2021 F-4 Statements
of Operations for the years ended December 31, 2022, 2021 and 2020 F-5 Statements
of Changes in Net Assets for the years ended December 31, 2022, 2021 and 2020 F-6 Financial
Highlights for the years ended December 31, 2022, 2021 and 2020 F-7 Notes
to the Financial Statements F-8 F- 1 Report of Independent
Registered Public Accounting Firm To the Sponsor, Trustee and Shareholders abrdn Gold
ETF Tru Opinion on the Financial Statements We have audited the accompanying statements of assets
and liabilities of abrdn Gold ETF Trust (known as Aberdeen Standard Gold ETF Trust prior to March 31, 2022) (the Trust), including the
schedules of investments, as of December 31, 2022 and 2021, the related statements of operations and changes in net assets and the financial
highlights for each of the years in the three-year period ended December 31, 2022, and the related notes (collectively, the financial
statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Trust as
of December 31, 2022 and 2021, and the results of its operations, changes in its net assets and financial highlights for each of the years
in the three-year period ended December 31, 2022, in conformity with U.S. generally accepted accounting principles. We also have audited, in accordance with the standards of
the Public Company Accounting Oversight Board (United States) (PCAOB), the Trust’s internal control over financial reporting as
of December 31, 2022, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee
of Sponsoring Organizations of the Treadway Commission, and our report dated February 28, 2023 expressed an unqualified opinion on the
effectiveness of the Trust’s internal control over financial reporting. Basis for Opinion These financial statements are the responsibility of the
Trust’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public
accounting firm registered with the PCAOB and are required to be independent with respect to the Trust in accordance with the U.S. federal
securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards
of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material
misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures
included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included
evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation
of the financial statements. We believe that our audits provide a reasonable basis for our opinion. Critical Audit Matter The critical audit matter communicated below is a matter
arising from the current period audit of the financial statements that was communicated or required to be communicated to the audit committee
and tha (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging,
subjective, or complex judgments. The communication of a critical audit matter does not alter in any way our opinion on the financial
statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical
audit matter or on the accounts or disclosures to which it relates. Evaluation of the evidence pertaining to the existence
of the gold holdings As presented on the December 31, 2022 schedule of investments
and in Note 2.2, the fair value of the Trust’s investment in gold is $2,427,492 thousand, representing 99.37% of the Trust’s
net assets, and 1,338,383.1 ounces of gold holdings. The investment in gold was held by a third-party custodian (the custodian). We identified the evaluation of the evidence pertaining
to the existence of the gold holdings as a critical audit matter. Given the nature and volume of the gold holdings, subjective auditor
judgment was required to evaluate the extent and nature of evidence obtained to assess the existence of gold held by the custodian. The following are the primary procedures we performed to address
this critical audit matter. We evaluated the design and tested the operating effectiveness of certain internal controls related to the
critical audit matter. This included controls over (1) the comparison of the Trust’s records of gold held to the custodian’s
records, (2) the approval of gold deposits and withdrawals by the trustee of the Trust and (3) the physical counts of the Trust’s
gold holdings performed at the custodian’s locations by a third party engaged by the Trust’s sponsor. We obtained a schedule
directly from the custodian of the Trust’s gold holdings held by the custodian as of December 31, 2022. We compared the total ounces
on such schedule to the Trust’s record of gold holdings. We also attended and observed a part of the physical
counts of the Trust’s gold holdings. We obtained and read the physical counts results reports of the third party and reconciled
those reports to both the Trust’s and custodian’s records. /s/ KPMG LLP We have served as the Trust’s auditor since
2015. New York, New York February 28, 2023 F- 2 abrdn
Gold ETF Trust Statements
of Assets and Liabilities At
December 31, 2022 and 2021 December
31, 2022 December
31, 2021 (Amounts
in 000's of US$, except for Share and per Share data) ASSETS Investment in gold (
December 31, 2022: $ 2,116,745 ; December 31, 2021: $ 2,033,883 ) $ 2,427,492 $ 2,391,578 Gold
receivable 15,637 — Total
assets 2,443,129 2,391,578 LIABILITIES Fees
payable to Sponsor 346 346 Total
liabilities 346 346 NET
ASSETS (1) $ 2,442,783 $ 2,391,232 (1) Authorized share
capital is unlimited with no par value per Share. Shares issued and outstanding at December 31, 2022 were 140,600,000 and
at December 31, 2021 were 138,000,000 . Net asset values per Share at December 31, 2022 and December 31, 2021 were $ 17.37 and
$ 17.33 , respectively. See
Notes to the Financial Statements F- 3 abrdn
Gold ETF Trust Schedules
of Investments At
December 31, 2022 and 2021 December
31, 2022 Description oz Cost Fair
Value %
of Net Assets Investment in gold (in
000's of US$, except for oz and percentage data) Gold 1,338,383.1 $ 2,116,745 $ 2,427,492 99.37 % Total
investment in gold 1,338,383.1 $ 2,116,745 $ 2,427,492 99.37 % Other
assets less liabilities 15,291 0.63 % Net
Assets $ 2,442,783 100.00 % December
31, 2021 Description oz Cost Fair
Value %
of Net Assets Investment
in gold (in 000's of US$, except for oz and percentage data) Gold 1,324,350.2 $ 2,033,883 $ 2,391,578 100.01 % Total
investment in gold 1,324,350.2 $ 2,033,883 $ 2,391,578 100.01 % Less
liabilities ( 346 ) ( 0.01 )% Net
Assets $ 2,391,232 100.00 % See
Notes to the Financial Statements F- 4 abrdn
Gold ETF Trust Statements
of Operations For
the years ended December 31, 2022, 2021, and 2020 Year
Ended December 31, 2022 Year
Ended December 31, 2021 Year

the Trust’s Current Report on Form 8-K on June 11, 2020 10.3 Depository

Agreement, incorporated by reference to Exhibit 10.3 filed with Registration Statement No. 333-158221 on September 1, 2009 10.4(a) Marketing

Agent Agreement, incorporated by reference to Exhibit 10.4 filed with Registration Statement No. 333-158221 on September 1,

2009 10.4(b) Novation

of and Amendment No. 1 to the Marketing Agent Agreement effective as of October 1, 2018 incorporated by reference to Exhibit

10.4(b) filed with the Trust’s Annual Report on Form 10-K on February 28, 2019. 23.1 Consent of KPMG LLP, Independent Registered Public Accounting Firm 31.1 Chief Executive Officer’s Certificate, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2 Chief Financial Officer’s Certificate, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32.1 Chief Executive Officer’s Certificate, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2 Chief Financial Officer’s Certificate, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 101 The following financial statements from the

Trust’s Annual Report on Form 10-K for the year ended December 31, 2022, formatted in Inline XBRL: (i) Statements of

Assets and Liabilities, (ii) Statements of Operations, (iii) Statements of Changes in Net Assets, and (iv) Notes to the Financial

Statements. 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Document 101.DEF Inline XBRL Taxonomy Extension Definitions Document 101.LAB Inline XBRL Taxonomy Extension Labels Document 101.PRE Inline XBRL Taxonomy Extension Presentation

Document 104 The cover page from the Trust’s Annual

Report on Form 10-K for the year ended December 31, 2022, formatted in Inline XBRL (included as Exhibit 101). Item

16. Form 10-K Summary Not

applicable. 50 ABRDN

GOLD ETF TRUST Financial Statements as of December 31, 2022 Index Page Report

of Independent Registered Public Accounting Firm F-2 Statements

of Assets and Liabilities at December 31, 2022 and 2021 F-3 Schedules

of Investments at December 31, 2022 and 2021 F-4 Statements

of Operations for the years ended December 31, 2022, 2021 and 2020 F-5 Statements

of Changes in Net Assets for the years ended December 31, 2022, 2021 and 2020 F-6 Financial

Highlights for the years ended December 31, 2022, 2021 and 2020 F-7 Notes

to the Financial Statements F-8 F- 1 Report of Independent

Registered Public Accounting Firm To the Sponsor, Trustee and Shareholders abrdn Gold

ETF Tru Opinion on the Financial Statements We have audited the accompanying statements of assets

and liabilities of abrdn Gold ETF Trust (known as Aberdeen Standard Gold ETF Trust prior to March 31, 2022) (the Trust), including the

schedules of investments, as of December 31, 2022 and 2021, the related statements of operations and changes in net assets and the financial

highlights for each of the years in the three-year period ended December 31, 2022, and the related notes (collectively, the financial

statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Trust as

of December 31, 2022 and 2021, and the results of its operations, changes in its net assets and financial highlights for each of the years

in the three-year period ended December 31, 2022, in conformity with U.S. generally accepted accounting principles. We also have audited, in accordance with the standards of

the Public Company Accounting Oversight Board (United States) (PCAOB), the Trust’s internal control over financial reporting as

of December 31, 2022, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee

of Sponsoring Organizations of the Treadway Commission, and our report dated February 28, 2023 expressed an unqualified opinion on the

effectiveness of the Trust’s internal control over financial reporting. Basis for Opinion These financial statements are the responsibility of the

Trust’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We are a public

accounting firm registered with the PCAOB and are required to be independent with respect to the Trust in accordance with the U.S. federal

securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards

of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements

are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material

misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures

included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included

evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation

of the financial statements. We believe that our audits provide a reasonable basis for our opinion. Critical Audit Matter The critical audit matter communicated below is a matter

arising from the current period audit of the financial statements that was communicated or required to be communicated to the audit committee

and tha (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging,

subjective, or complex judgments. The communication of a critical audit matter does not alter in any way our opinion on the financial

statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical

audit matter or on the accounts or disclosures to which it relates. Evaluation of the evidence pertaining to the existence

of the gold holdings As presented on the December 31, 2022 schedule of investments

and in Note 2.2, the fair value of the Trust’s investment in gold is $2,427,492 thousand, representing 99.37% of the Trust’s

net assets, and 1,338,383.1 ounces of gold holdings. The investment in gold was held by a third-party custodian (the custodian). We identified the evaluation of the evidence pertaining

to the existence of the gold holdings as a critical audit matter. Given the nature and volume of the gold holdings, subjective auditor

judgment was required to evaluate the extent and nature of evidence obtained to assess the existence of gold held by the custodian. The following are the primary procedures we performed to address

this critical audit matter. We evaluated the design and tested the operating effectiveness of certain internal controls related to the

critical audit matter. This included controls over (1) the comparison of the Trust’s records of gold held to the custodian’s

records, (2) the approval of gold deposits and withdrawals by the trustee of the Trust and (3) the physical counts of the Trust’s

gold holdings performed at the custodian’s locations by a third party engaged by the Trust’s sponsor. We obtained a schedule

directly from the custodian of the Trust’s gold holdings held by the custodian as of December 31, 2022. We compared the total ounces

on such schedule to the Trust’s record of gold holdings. We also attended and observed a part of the physical

counts of the Trust’s gold holdings. We obtained and read the physical counts results reports of the third party and reconciled

those reports to both the Trust’s and custodian’s records. /s/ KPMG LLP We have served as the Trust’s auditor since

2015. New York, New York February 28, 2023 F- 2 abrdn

Gold ETF Trust Statements

of Assets and Liabilities At

December 31, 2022 and 2021 December

31, 2022 December

31, 2021 (Amounts

in 000's of US$, except for Share and per Share data) ASSETS Investment in gold (

December 31, 2022: $ 2,116,745 ; December 31, 2021: $ 2,033,883 ) $ 2,427,492 $ 2,391,578 Gold

receivable 15,637 — Total

assets 2,443,129 2,391,578 LIABILITIES Fees

payable to Sponsor 346 346 Total

liabilities 346 346 NET

ASSETS (1) $ 2,442,783 $ 2,391,232 (1) Authorized share

capital is unlimited with no par value per Share. Shares issued and outstanding at December 31, 2022 were 140,600,000 and

at December 31, 2021 were 138,000,000 . Net asset values per Share at December 31, 2022 and December 31, 2021 were $ 17.37 and

$ 17.33 , respectively. See

Notes to the Financial Statements F- 3 abrdn

Gold ETF Trust Schedules

of Investments At

December 31, 2022 and 2021 December

31, 2022 Description oz Cost Fair

Value %

of Net Assets Investment in gold (in

000's of US$, except for oz and percentage data) Gold 1,338,383.1 $ 2,116,745 $ 2,427,492 99.37 % Total

investment in gold 1,338,383.1 $ 2,116,745 $ 2,427,492 99.37 % Other

assets less liabilities 15,291 0.63 % Net

Assets $ 2,442,783 100.00 % December

31, 2021 Description oz Cost Fair

Value %

of Net Assets Investment

in gold (in 000's of US$, except for oz and percentage data) Gold 1,324,350.2 $ 2,033,883 $ 2,391,578 100.01 % Total

investment in gold 1,324,350.2 $ 2,033,883 $ 2,391,578 100.01 % Less

liabilities ( 346 ) ( 0.01 )% Net

Assets $ 2,391,232 100.00 % See

Notes to the Financial Statements F- 4 abrdn

Gold ETF Trust Statements

of Operations For

the years ended December 31, 2022, 2021, and 2020 Year

Ended December 31, 2022 Year

Ended December 31, 2021 Year