But none of my shares were sold. I still own the same number of shares now as when I purchased them. So I don't understand how this works.
I appreciate that the fund has expenses and I think they might have sold some gold inside the trust to pay those expenses, but none of my actual shares in the trust were sold.
If they sold gold inside the fund to pay the expenses, I would expect the proceeds of that sale to be income to me but offset by the expense so no net income. But then again, I'm not sure I understand really how this works.
