BASTION PHYSICAL GOLD FUND

The Bastion Physical Gold Fund is an open-ended Fund that provides investors with a secure and convenient way to purchase unencumbered, allocated, physical gold bullion that is stored in a high-security vault located in Switzerland. The objective of the Fund is to efficiently replicate the performance of gold, while offering the safety that physically allocated, marketable formats of bullion gold bars offer.

The Fund’s assets are invested in physical gold. The gold is held exclusively through physically segregated holdings of physically allocated gold bars. The Fund is prohibited from using any derivatives to replicate the gold price.

Fund Highlights:

• Physical gold backing

• Non-encumbrance: no shorting, hedging, pledging or leveraging

• High quality gold only – bullion bars fabricated by the LBMA

• High security storage in Switzerland

• Full value insurance

• Inventory audits

• In-kind redemptions in different gold bar formats