A New Standard of The Gold Standard

BARThree Compelling Reasons To Consider BAR

“In a mathematical sense, gold is predictably

unpredictable, a prime diversifier.”

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GRANITESHARES GOLD TRUST GOLD CORRELATION TOTHE S&P 500* SINCE 2000

Diversification is Not OptionalDiversification may be one of the most important, but most frequently misunderstood concepts in finance. When market downturns such as Q4 2018 occur, including assets that respond differently to market shocks can help dampen portfolio volatility. With its low market correlation, the value of gold rests not in being a better investment, but merely a different investment.

FUN FACT: Compared to 2017, S&P 500 stocks in 2018 faced 5 times the odds of a 25% or greater loss.1

Interest Rates & the New Fed ParadigmIn a stunning about face, the Federal Reserve under Jerome Powell completely shuffled the deck on interest rates, shifting from hiking to pausing to easing in a span of months. As a hybrid commodity-currency, gold benefits from a softer, less certain monetary policy.

FUN FACT: Gold rallied an average 53.4% over 24 months after historic yield curve inversions.2

Asset Stability and Potential Market HedgeThe capacity for gold to act as a store of value should not be overlooked, an asset that is no one else’s liability and can never default. Gold’s journey to $1,500/oz. from $35/oz in 1971 belies an 8.1% annualized return, surpassing the 7.3% long term average of the Bloomberg Barclays Aggregate Bond Index.3

FUN FACT: Central banks hold over 30,000 metric tons of gold reserves, worth $1.4 trillion.

0.1749%MANAGEMENT FEE

PHYICALLY BACKED,LOW-COST GOLD ETF

t: 844-476-8747 e: info@graniteshares.com w: graniteshares.com

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“For the first time in my life, I bought gold because it is a

good hedge.” - Sam Zell, Founder Equity Group Investments

Disclaimer: This material must be preceded or accompanied by a prospectus. Please read the prospectus carefully before investing or sending money. To obtain a prospectus visit the link https://www.graniteshares.com/Documents/25/Prospectus-GraniteShares-Gold-Trust.pdf

The objective of the Trust is for the value of the Shares to reflect, at any given time, the value of the assets owned by the Trust at that time less the Trust’s accrued expenses and liabilities as of that time. The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in gold. An investment in allocated physical gold bullion requires expensive and sometimes complicated arrangements in connection with the assay, transportation and warehousing of the metal. Traditionally, such expense and complications have resulted in investments in physical gold bullion being efficient only in amounts beyond the reach of many investors. The Shares have been designed to remove the obstacles represented by the expense and complications involved in an investment in physical gold bullion, while at the same time having an intrinsic value that reflects, at any given time, the price of the assets owned by the Trust at such time less the Trust expenses and liabilities. Although the Shares are not the exact equivalent of an investment in gold, they provide investors with an alternative that allows a level of participation in the gold market through the securities market.

Investing in the shares involves significant risks, including possible loss of principal. You could lose money on an investment in the Trust. For a more complete discussion of risk factors relative to the Trust, carefully read the prospectus. Shares are created to reflect the price of the gold held by the Trust, the market price of the shares will be as unpredictable as the price of gold has historically been. This creates the potential for losses, regardless of whether you hold Shares for the short-, mid- or long-term. The amount of gold represented by each share will decrease over the life of the Trust due to the sales of gold necessary to pay the Sponsor’s Fee and Trust expenses. Without increases in the price of gold sufficient to compensate for that decrease, the price of the Shares will also decline and you will lose money on your investment in shares. The Trust is a passive investment vehicle. The price received upon the sale of shares may be less than the value of the gold represented by them. The Trust is not a diversified investment, it may be more volatile than other investments. The Trust may be forced to sell gold earlier than anticipated if expenses are higher than expected.

Sponsor of the Trust is GraniteShares LLC. Foreside Fund Services, LLC provides marketing services to the Trust. GraniteShares is not affiliated with Foreside Fund Services, LLC.

Gold Benchmark: LBMA Gold Price PM. ICE Benchmark Administration (IBA) is the administrator for the LBMA Gold Price. Diversification does not guarantee a profit or protect one against a loss. Past performance is no guarantee of future results. Correlation: A statistic that measures the degree to which two securities move in relation to each other, falling between -1 and 1. Sharpe Ratio: A measure used to evaluate risk-adjusted returns that calculates the average return in excess of the risk free rate per unit of risk, measured in terms of portfolio standard deviation.

844-476-8747info@graniteshares.com

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GraniteShares Gold TrustBAR

Ticker

Sponsor Fee

Exchange

Inception Date

Benchmark

Replication

Vault Location

Custodian

Vault Inspector

Inspection Frequency

Trustee

IOPV Ticker

CUSIP

TRUST DETAILS

BAR

0.1749%

NYSE Arca

8/31/2017

Gold

Physical

London

ICBC Standard Bank Plc

Bureau Veritas

Twice Annually

BNY Mellon

BARIV

38748G101

GraniteShares Gold TrustBAR

Ticker

Sponsor Fee

Exchange

Inception Date

Benchmark

Replication

Vault Location

Custodian

Vault Inspector

Inspection Frequency

Trustee

IOPV Ticker

CUSIP

TRUST DETAILS

BAR

0.1749%

NYSE Arca

8/31/2017

Gold

Physical

London

ICBC Standard Bank Plc

Bureau Veritas

Twice Annually

BNY Mellon

BARIV

38748G101

3 I N V E S T O R S , 3 P H I L O S O P H I E S , 1 I N V E S T M E N T

W H Y A R E T H E S E G U Y S P I V O T I N G T O G O L D ? BAR0.1749%

MANAGEMENT FEE

Raising the BAR by lowering fees

Using Gold in the PortfolioSince 2000, adding a 5% allocation to gold in place of fixed income had a 79% chance of delivering a superior, or at the very least equal, Sharpe ratio compared to a 60/40 strategy, on a yearly basis. 4

Ray Dalio - Risk Parity Paul Tudor Jones - Position Trading Sam Zell - Deep Value Investing

Bloomberg Barclays Aggregate Bond Index: A broad-based flagship index that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency).

Sharpe Ratio: A measure used to evaluate risk-adjusted returns that calculates the average return in excess of the risk free rate per unit of risk, measured in terms of portfolio standard deviation. All else equal, a higher Sharpe ratio indicates a more efficient use of risk in generating returns.

©2019 GraniteShares Inc. All rights reserved. GraniteShares, GraniteShares Trusts, and the GraniteShares logo are registered and unregistered trademarks of GraniteShares Inc., in the United States and elsewhere. All other marks are the property of their respective owners.

Sources: *Bloomberg Data, weekly as of 9/30/19. 1) Bloomberg Data. 2) Bloomberg Data. 3) Bloomberg Data. 4) Bloomberg Data.