No. Not directly but indirectly, YES. Anneau strategically buys and as applicable, sells Gold shares (’Gold Investment securities’) for its clients in various Gold ETFs (’Electronic traded funds’); Gold Funds (Unit Trusts, Mutual funds) which buy and invest in Gold Bullions (physical gold), gold futures and other Gold related Investment securities. Where applicable a tactical portion may also be invested in the publicly listed shares of very robust gold producers / miners and actual Gold bars, coins and bullions. Therefore you hold the shares, not physical gold, which is more convenient to buy and sell as well as it more efficient to store and safeguard.