Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Royal Canadian Mint - Canadian Gold Reserves Exchange-Traded Receipts (MNT)
- View MNT Profile
- View Questions on MNT
Sprott Physical Gold Trust (PHYS)
- View PHYS Profile
- View Questions on PHYS

Q: I have a question about investing in physical gold. Can you please explain the differences between the MNT and PHYS? I noticed that MNT outperforms PHYS and it trades at a premium to NAV while PHYS trades at discount. The expense rates 0.35% vs. 0.41% seems to be close enough to justify the differences in performance and discount..?

Asked by bernhard on February 05, 2025

5i Research Answer:

5-year return on PHYS is 13.66%. MNT is 14.8%. PHYS is massively larger. We are not sure here on...

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; unbiased stocks research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use