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Organization of the Trusts | 12 Months Ended
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Dec. 31, 2018
Organization of the Trusts |
Organization of the Trusts | 1. Organization of the Trusts Sprott Physical Gold Trust, Sprott Physical Silver Trust, Sprott Physical Platinum and Palladium Trust and Sprott Physical Gold and Silver Trust (collectively, the “Trusts” and each a “Trust”) are closed-end mutual fund trusts created under the laws of the Province of Ontario, Canada, pursuant to trust agreements. Sprott Asset Management LP (the “Manager”) acts as the manager of the Trusts. RBC Investor Services Trust, a trust company organized under the laws of Canada, acts as the trustee of the Trusts. RBC Investor Services Trust also acts as custodian on behalf of the Trusts for the Trusts’ assets other than physical bullion. The Royal Canadian Mint acts as custodian on behalf of the Trusts for the physical bullion owned by the Trusts. The Trusts’ registered office is located at Suite 2600, South Tower, Royal Bank Plaza, 200 Bay Street, Toronto, Ontario, Canada, M5J 2J1. The Trusts are authorized to issue an unlimited number of redeemable, transferable trust units (the “Units”). All issued Units have no par value, are fully paid for, and are listed and traded on the New York Stock Exchange Arca (the “NYSE Arca”) and the Toronto Stock Exchange (the “TSX”). The date of inception and trading symbols of each of the Trusts is as follows:
Trust |  | Trust Agreement date |  | Initial Public Offering date |  | NYSE Arca and TSX symbols, respectively
Sprott Physical Gold Trust |  | August 28, 2009, as amended and restated as of December 7, 2009 and as further amended and restated as of February 1, 2010 |  | March 3, 2013 |  | PHYS, PHY.U
Sprott Physical Silver Trust |  | June 30, 2010, as amended and restated as of October 1, 2010 |  | October 28, 2013 |  | PSLV, PHS.U
Sprott Physical Platinum and Palladium Trust |  | December 23, 2011, as amended and restated as of June 6, 2012 |  | December 19, 2015 |  | SPPP, PPT.U
Sprott Physical Gold & Silver Trust |  | October 26, 2017 |  | January 16, 2018 |  | CEF, CEF.U
The financial statements of each of the Trusts are as at and for the year ended December 31, 2018. These financial statements were authorized for issue by the Manager on March 29, 2019.

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