Company: FGDL
Filing Date: 2025-02-12
Form Type: 10-Q
Source: 0001140361-25-004056
Chunk: 5

Company: Franklin Templeton Holdings Trust
Filing Date: 2025-02-12
Form: 10-Q
Item: Part I, Item 2
Chunk 5
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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

This information should be read in conjunction with the financial
statements and notes included in Item 1 of Part I of this Form 10-Q. This Form
10-Q contains “forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, and such forward-looking statements involve
risks and uncertainties. All statements (other than statements of historical
fact) included in this Form 10-Q that address activities, events or developments
that may occur in the future, including such matters as future gold prices,
gold sales, costs, objectives, changes in commodity prices and market
conditions (for gold and the shares), the Fund’s operations, the Sponsor’s
plans and references to the Fund’s future success and other similar matters are
forward-looking statements. Words such as “could,” “would,” “may,” “expect,”
“intend,” “estimate,” “predict,” and variations on such words or negatives
thereof, and similar expressions that reflect our current views with respect to
future events and Fund performance, are intended to identify such
forward-looking statements. These forward-looking statements are only
predictions, subject to risks and uncertainties that are difficult to predict
and many of which are outside of our control, and actual results could differ
materially from those discussed. Forward-looking statements involve risks and
uncertainties that could cause actual results or outcomes to differ materially
from those expressed therein. We express our estimates, expectations, beliefs,
and projections in good faith and believe them to have a reasonable basis.
However, we make no assurances that management’s estimates, expectations,
beliefs, or projections will be achieved or accomplished. These forward-looking
statements are based on assumptions about many important factors that could
cause actual results to differ materially from those in the forward-looking
statements. We do not intend to update any forward-looking statements even if
new information becomes available or other events occur in the future, except
as required by the federal securities laws. 

Organization and Trust Overview

The Franklin
Templeton Holdings Trust (the “Trust”) was organized as a Delaware statutory
trust on April 19, 2021. Franklin Holdings, LLC is the Sponsor of the Trust
(the “Sponsor”). The Trust currently offers a single series, the Franklin
Responsibly S