The fund principally allocates its capital to a diverse range of financial instruments tied to gold bullion, including exchange-traded funds (ETFs), exchange-traded notes (ETNs), exchange-traded futures contracts, and over-the-counter (OTC) forward contracts. Additionally, it invests in fixed income securities, which may encompass holdings in other mutual funds and ETFs focused on debt. Over 25% of the fund's total assets are dedicated to the gold bullion industry. Up to 25% of its overall assets may also be invested in a wholly-owned and controlled subsidiary.