Company: FGDL
Filing Date: 2025-08-26
Form Type: POS AM
Source: 0001137439-25-001038
Chunk: 8

Company: Franklin Templeton Holdings Trust
Filing Date: 2025-08-26
Form: POS AM
Chunk 8
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itive to many investors. An investment in the Shares is intended to remove these traditional barriers to a cost-effective investment in physical gold by providing an investment with a value that reflects the price of the gold owned by the Fund, less the Fund’s expenses and liabilities. Although the Shares are not the exact equivalent of an investment in gold, they provide investors with an alternative means of exposure to the price of gold that allows a level of participation in the gold market through the securities market. The Fund is designed to offer investors exposure to responsibly sourced gold as defined by the Fund in a pooled investment vehicle structure. The Fund defines responsibly sourced gold with reference to the specific criteria established and monitored by the LBMA through its Responsible Sourcing Programme and the Gold Guidance thereunder. The Gold Guidance on which the Fund’s responsible sourcing definition and practices rely is described in greater detail beginning on page 18 of the Prospectus. The Fund does not establish, maintain, monitor or control the standards or requirements under the LBMA Responsible Sourcing Programme or the Gold Guidance.Accordingly, an investment in the Fund is subject to the risk that the standards as may be established or amended from time to time do not function as intended or that material violations of the standards are not detected or enforced in a timely manner or at all. The standards may be inadequate or ineffective in mitigating various risks in the LBMA gold sourcing supply chain. These risks may be more pronounced with respect to holdings of recycled gold. For information, please see “ Risk Factors—Risks Related to the Shares—The Fund is subject to responsible sourcing due diligence risk.” There are actual and potential conflicts of interest inherent in the Fund’s structure that you should consider before purchasing Shares. The Sponsor manages the Fund’s business and affairs. The Fund does not have a board of directors or its own executive officers and accordingly is reliant on the Sponsor to resolve any conflicts that may arise between the Sponsor and its affiliates on the one hand and the Fund on the other hand in good faith. Examples of potential conflicts include, among others, conflicts arising from the Trust’s indemnification of the Sponsor and its affiliates pursuant to the terms of the Declaration of Trust. The Sponsor, its affiliates and their officers and employees are not prohibited from engaging in other businesses or activities, including those that might be in direct competition with the Fund. See “ Risk Factors—General Risks—Potential conflicts of interest may arise among the Sponsor or its affiliates and the Fund.” Shares of the Fund represent units of fractional undivided beneficial interest in and ownership of the Fund