Company: FGDL
Filing Date: 2025-08-26
Form Type: POS AM
Source: 0001137439-25-001038
Chunk: 45

Company: Franklin Templeton Holdings Trust
Filing Date: 2025-08-26
Form: POS AM
Chunk 45
---
 in understanding the investment attributes of the Shares to first understand the investment attributes of gold. STRATEGY BEHIND THE SHARES The Shares are intended to offer investors an opportunity to participate in the responsibly sourced gold market through an investment in securities. Historically, the logistics of buying, storing and insuring gold have constituted a barrier to entry for some institutional and retail investors alike. The offering of the Shares is intended to overcome these barriers to entry. The logistics of storing and insuring gold are dealt with by the Custodian and the related expenses are built into the price of the Shares. Therefore, an investor does not have any additional tasks or costs over and above those associated with dealing in any other publicly traded security. The Shares are intended for investors who want a simple and cost-efficient means of gaining investment benefits similar to those of holding gold bullion and who seek access to responsibly sourced gold. The Shares offer an investment that is: 24

| • | Easily Accessible. Investors can access the gold market through a traditional brokerage account. The Sponsor believes that investors will be able to more effectively implement strategic and tactical 
 asset allocation strategies that use gold by using the Shares instead of using the traditional means of purchasing, trading and holding gold.                                                          |

| • | Relatively Cost Efficient. The Sponsor believes that, for many investors, transaction costs related to the Shares will be lower than those associated with the purchase, storage and insurance of 
 physical gold.                                                                                                                                                                                    |

| • | Exchange Traded. The Shares will trade on NYSE Arca, providing investors with an efficient means to implement various investment strategies. |

| • | Transparent. The Shares will be backed by the assets of the Fund and the Fund will not hold or employ any derivative securities. Further, the value of the Fund’s holdings will be reported on the 
 Fund’s website daily.                                                                                                                                                                              |

| • | Responsibly Sourced:Under the LBMA’s mandatory Responsible Sourcing Programme, gold refiners are required to demonstrate their efforts to combat money                                                                         
 laundering, terrorist financing and human rights abuses, and respect the environment globally. The LBMA’s audit process is designed to assure investors and consumers that all London precious metal stocks are conflict-free. |

Fund Expenses The Fund’s only ordinary recurring expense is the fee paid to the Sponsor at an annual rate of 0.15% of the daily net asset value of the Fund, so that the Fund’s total annual expense ratio is expected to be equal to 0.15%. In exchange for the Sponsor’s fee, the Sponsor