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You are leaving SSGA.com
The website you are accessing is created and maintained by another entity. We make no representation or warranty with respect to the information contained on the site or that it is appropriate in all jurisdictions or countries, or for use by all investors or counterparties. The products and services discussed at this site may not be appropriate for sale or use by all investors or counterparties. By providing this link, we are not providing you with investment advice or offering securities for sale to you. All persons and entities that access this site do so on their own initiative and are responsible for compliance with applicable local laws and regulations.
You are leaving SSGA.com
The website you are accessing is created and maintained by another entity. We make no representation or warranty with respect to the information contained on the site or that it is appropriate in all jurisdictions or countries, or for use by all investors or counterparties. The products and services discussed at this site may not be appropriate for sale or use by all investors or counterparties. By providing this link, we are not providing you with investment advice or offering securities for sale to you. All persons and entities that access this site do so on their own initiative and are responsible for compliance with applicable local laws and regulations.
Centralized Systematic Valuation Aggregated Cash Flow (ACF Files)
This information provided is calculated by Bloomberg Finance L.P., a third party not affiliated with SSGA. Neither SSGA nor its affiliates assume any liability for or guarantee the timeliness, accuracy and completeness of the information provided. The information provided is as of the date indicated and is subject to change.
This analysis or any portion thereof may not be revised or changed in any way, reprinted, sold or redistributed without the written consent of SSGA.
This cash flow table and the data contained herein (together, "Content") is provided for informational purposes only, on an "as is" basis. No source of Content, or any of its affiliates (each a "Source"), makes any warranty, express or implied, that the Content is accurate, complete or error-free, and it should not be relied upon as such. No Source guarantees the timeliness, reliability, performance, continued availability, or currency of the Content or any results obtained therefrom. No Source shall be liable for any damages, including without limitation, any special, punitive, indirect, incidental or consequential damages, or any lost profits, arising from the use of or reliance on the Content, even if advised of the possibility of such damages. Nothing in the Content shall constitute or be construed as an offering of financial instruments by any Source, or as investment advice or recommendations by such entities of an investment strategy or whether or not to "buy", "sell" or "hold" an investment.
SPDR® Gold Trust (the "Trust") is an exchange traded fund designed to track the price of gold (net of Trust expenses).
The value of the gold held by the Trust is determined using the recently established LBMA Gold Price PM. For further information and risks regarding the LBMA Gold Price PM, please refer to the offering documents.
Investment involves risks, in particular, investing in one single commodity asset class. Fluctuation in the price of gold may materially adversely affect the value of the Trust. Investors may lose part or all of their investment.
The trading price of the Shares may be different from the underlying NAV per share.
The Trust may not be suitable for all investors. Investors should not invest based on this marketing material only. Investors should read the Trust's prospectus, including the risk factors, take into consideration of the product features, their own investment objectives, risk tolerance level, etc. and seek independent financial and professional advices as appropriate prior to making any investment.
NAV per Unit
Market value of a mutual fund's or ETF's total assets, minus liabilities, divided by the number of shares outstanding.
HKD $1,162.22
as of 18 Feb 2020
Delayed by 10-15 seconds. The Estimated NAV per Unit should not be viewed as the actual NAV per Unit. The estimated NAV per Unit is provided for reference purposes only and may differ from the actual NAV per Unit calculated in accordance with the Trust Deed.
as of
USD
HKD $369,120.57 M
as of 18 Feb 2020
The ongoing charges figure is based on expenses for the 12 month period ended 31 December 2018. The figure may vary from year to year. The ongoing charges figure is an annual figure calculated by adding the applicable charges and payments deducted from the assets of the Trust and then dividing by the NAV for the year attributable to the relevant share class.
0.40%
Quick Links
Key Features
The Shares offer investors an innovative, relatively cost efficient way to access the gold market. The Shares are intended to offer investors a means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell that interest through the trading of a security on a regulated stock exchange. The introduction of the Shares was intended to lower many of the barriers, such as access, custody, and transaction costs, that have prevented some investors from investing in gold.
The Shares offer the following key advantages:
1. Easily accessible – listed on the Hong Kong Stock Exchange
2. Secure – The Shares represent fractional, undivided interests in the Trust, the sole assets of which are physical gold bullion and, from time to time, cash.
3. Relatively Cost Effective - For many investors, transaction costs related to the Shares are expected to be lower than the costs associated with the purchase, storage, and insurance of gold bullion in a traditional gold bullion account.
4. Transparent – There exists a 24-hour global over-the counter market for gold bullion, which provides readily available market data. The price, holdings, and net asset value of the Shares, as well as market data for the overall gold bullion market, can be tracked daily at www.spdrgoldshares.com.
5. Flexible – The Shares are listed on the Hong Kong Stock Exchange (2840.HK) and trade the same way ordinary stocks do. It is possible to buy or sell the Shares continuously throughout the trading day on the exchange at prices established by the market. Additionally, it is possible to place market, limit and stop-loss orders of the Shares.
Fund Objective
SPDR Gold Shares (“Shares”) are designed to track the price of gold (net of Trust’s expenses). The shares represented ownership units in the SPDR Gold Trust (“Trust”), a New York incorporated investment trust which holds physical gold bars. The Trust is physically backed.
| Reference Benchmark Effective March 20, 2015, the SPDR Gold Trust (2840) adopted the LBMA Gold Price PM as the reference benchmark price of gold in calculating the Net Asset Value (NAV) of the Trust. Prior to that date, the Trust used the London PM Fix as the reference benchmark price in calculating the NAV. |
Inception Date | Ongoing Charges (per annum) The ongoing charges figure is based on expenses for the 12 month period ended 31 December 2018. The figure may vary from year to year. The ongoing charges figure is an annual figure calculated by adding the applicable charges and payments deducted from the assets of the Trust and then dividing by the NAV for the year attributable to the relevant share class. |
Board Lot Size | Base Currency | Domicile Location | Registration Locations |
|---|---|---|---|---|---|---|
| LBMA Gold Price PM | 18 Nov 2004 | 0.40% | 10 shares | USD | United States | Hong Kong, Japan, Singapore, United States |
| Reference Benchmark Effective March 20, 2015, the SPDR Gold Trust (2840) adopted the LBMA Gold Price PM as the reference benchmark price of gold in calculating the Net Asset Value (NAV) of the Trust. Prior to that date, the Trust used the London PM Fix as the reference benchmark price in calculating the NAV. |
LBMA Gold Price PM |
| Inception Date | 18 Nov 2004 |
| Ongoing Charges (per annum) The ongoing charges figure is based on expenses for the 12 month period ended 31 December 2018. The figure may vary from year to year. The ongoing charges figure is an annual figure calculated by adding the applicable charges and payments deducted from the assets of the Trust and then dividing by the NAV for the year attributable to the relevant share class. |
0.40% |
| Board Lot Size | 10 shares |
| Base Currency | USD |
| Domicile Location | United States |
| Registration Locations | Hong Kong, Japan, Singapore, United States |
| Regulatory Structure | Replication Method | Distribution Frequency | Trustee | |||
|---|---|---|---|---|---|---|
| Grantor Trust | Physically-backed | No dividend will be paid | BNY Mellon Asset Servicing, a division of The Bank of New York Mellon |
| Regulatory Structure | Grantor Trust |
| Replication Method | Physically-backed |
| Distribution Frequency | No dividend will be paid |
| Trustee | BNY Mellon Asset Servicing, a division of The Bank of New York Mellon |
| Exchange | Listing Date | Trading Currency | Stock Code | Bloomberg Ticker | SEDOL | ISIN |
|---|---|---|---|---|---|---|
| The Stock Exchange of Hong Kong Limited | 31 Jul 2008 | HKD | 2840 | 2840 HK | B3B85M0 | US78463V1070 |
| Exchange | The Stock Exchange of Hong Kong Limited |
| Listing Date | 31 Jul 2008 |
| Trading Currency | HKD |
| Stock Code | 2840 |
| Bloomberg Ticker | 2840 HK |
| SEDOL | B3B85M0 |
| ISIN | US78463V1070 |
INAV
| Estimated NAV per Unit at 4PM, Hong Kong as of | Estimated NAV per Unit as of (Updated every 15 seconds) |
|---|---|
| INAV TICKER | CURRENCY | INAV |
|---|
| Estimated NAV per Unit at 4PM, Hong Kong as of | |
| Estimated NAV per Unit as of (Updated every 15 seconds) |
| INAV TICKER |
| CURRENCY |
| INAV |
Delayed by 10-15 seconds. The Estimated NAV per Unit should not be viewed as the actual NAV per Unit. The estimated NAV per Unit is provided for reference purposes only and may differ from the actual NAV per Unit calculated in accordance with the Trust Deed.
| NAV (in gold oz) Per Basket | NAV Per Basket (HKD) | |
|---|---|---|
| 9,411.07 | HKD $116,221,840.63 |
| NAV (in gold oz) Per Basket | 9,411.07 |
| NAV Per Basket (HKD) | HKD $116,221,840.63 |
| Bid/Ask Bid/Ask The bid/ask mid point is the average of the last bid and ask price where: The bid price is the price a prospective buyer is prepared to pay at a particular time for trading a unit of given security and The ask price is the price at which someone who owns a security offers to sell it; also known as the asked price. |
Closing Price | Day High | Day Low | Exchange Volume (HKD) | Exchange Volume (Shares) The Exchange Volume represents the volume of shares traded on the Stock Exchange of Hong Kong throughout the previous business day. |
30 Day Average Exchange Volume (HKD) |
|---|---|---|---|---|---|---|
| HKD $1,173.50 | HKD $1,174.00 | HKD $1,174.00 | HKD $1,167.00 | HKD $101,788,900 | 86,850 | HKD $51,550,306.68 |
| Bid/Ask Bid/Ask The bid/ask mid point is the average of the last bid and ask price where: The bid price is the price a prospective buyer is prepared to pay at a particular time for trading a unit of given security and The ask price is the price at which someone who owns a security offers to sell it; also known as the asked price. |
HKD $1,173.50 |
| Closing Price | HKD $1,174.00 |
| Day High | HKD $1,174.00 |
| Day Low | HKD $1,167.00 |
| Exchange Volume (HKD) | HKD $101,788,900 |
| Exchange Volume (Shares) The Exchange Volume represents the volume of shares traded on the Stock Exchange of Hong Kong throughout the previous business day. |
86,850 |
| 30 Day Average Exchange Volume (HKD) | HKD $51,550,306.68 |
| 30 Day Average Exchange Volume (Shares) | ||||||
|---|---|---|---|---|---|---|
| 44,921 |
| 30 Day Average Exchange Volume (Shares) | 44,921 |
| LBMA Gold Price PM | NAV NAV per Unit Market value of a mutual fund's or ETF's total assets, minus liabilities, divided by the number of shares outstanding. |
Shares Outstanding | AUM | Premium/Discount | ||
|---|---|---|---|---|---|---|
| HKD $12,350.75 | HKD $1,162.22 | 317.60 M | HKD $369,120.57 M | 0.47% |
| LBMA Gold Price PM | HKD $12,350.75 |
| NAV NAV per Unit Market value of a mutual fund's or ETF's total assets, minus liabilities, divided by the number of shares outstanding. |
HKD $1,162.22 |
| Shares Outstanding | 317.60 M |
| AUM | HKD $369,120.57 M |
| Premium/Discount | 0.47% |
Fund Performance
| As Of | YTD | 1 Month | 3 Month | 6 Month | |
|---|---|---|---|---|---|
| Fund | 31 Jan 2020 | 3.7% | 3.7% | 3.8% | 9.9% |
| LBMA Gold Price PM | 31 Jan 2020 | 4.3% | 4.3% | 3.9% | 10.2% |
| As Of | YTD | 1 Month | 3 Month | 6 Month | |
|---|---|---|---|---|---|
| Fund | 31 Dec 2019 | 17.7% | 3.7% | 1.7% | 7.5% |
| LBMA Gold Price PM | 31 Dec 2019 | 17.8% | 3.2% | 1.3% | 7.2% |
as of 31 Jan 2020
as of 31 Dec 2019
| As Of | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 18 Nov 2004 |
|
|---|---|---|---|---|---|---|
| Fund | 31 Jan 2020 | 18.1% | 8.9% | 4.3% | 3.5% | 8.3% |
| LBMA Gold Price PM | 31 Jan 2020 | 18.6% | 9.4% | 4.7% | 3.9% | 8.8% |
| As Of | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 18 Nov 2004 |
|
|---|---|---|---|---|---|---|
| Fund | 31 Dec 2019 | 17.7% | 9.3% | 4.6% | 2.9% | 8.1% |
| LBMA Gold Price PM | 31 Dec 2019 | 17.8% | 9.9% | 4.8% | 3.4% | 8.5% |
as of 31 Jan 2020
as of 31 Dec 2019
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 17.7% | -1.3% | 12.3% | 8.7% | -11.8% | -0.6% | -28.1% | 5.1% | 11.1% | 27.6% |
| LBMA Gold Price PM | 17.8% | -0.7% | 13.5% | 8.1% | -12.2% | 0.1% | -27.3% | 8.0% | 8.8% | 29.6% |
as of 31 Dec 2019
The performance of the Trust and the LBMA Gold Price PM is HKD converted and may differ from the performance in USD terms due to FX rate fluctuation. Performance is calculated based on NAV-To-NAV, in HKD, including ongoing charges and excluding the Trust's trading costs on the SEHK, and including the reinvestment of any dividend. No dividends were issued during the period, nor are any expected to be issued in future periods.
Calendar year performance figures show by how much the fund increased or decreased in value during the calendar year being shown. Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Visit http://www.spdrgoldshares.com/* for most recent month-end performance. Performance returns for periods of less than one year are not annualized.
Effective March 20, 2015, the SPDR Gold Trust (2840) adopted the LBMA Gold Price PM as the reference benchmark price of gold in calculating the Net Asset Value (NAV) of the Trust. Prior to that date, the Trust used the London PM Fix as the reference benchmark price in calculating the NAV.
Ongoing Charges Over a Year1: 0.40%
Definitions of Tracking Difference and Tracking Error
Tracking Difference (TD)
Tracking Difference is the return difference between an ETF and its underlying benchmark / index over a certain period of time.
Tracking Error (TE)
Tracking error measures how consistently an ETF follows its benchmark / index. It is the volatility (measured by standard deviation) of that return difference.
Tracking Error as of 31 Jan 2020 - Listing Date 31 Jul 2008
| Rolling 1-Year TE^ | ||
|---|---|---|
| 0.1965% |
| Rolling 1-Year TE^ | 0.1965% |
^ Annualized based on the number of dealing days in the past 12 months when daily Tracking Difference is calculated.
Tracking Difference as of 31 Jan 2020 - Listing Date 31 Jul 2008
| Rolling 1-Year TD | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|
| -0.5711% | 0.1412% | -0.5823% | -1.2503% | 0.5644% | 0.3343% | -0.7081% |
| Rolling 1-Year TD | -0.5711% |
| 2019 | 0.1412% |
| 2018 | -0.5823% |
| 2017 | -1.2503% |
| 2016 | 0.5644% |
| 2015 | 0.3343% |
| 2014 | -0.7081% |
| 2013 | 2012 | 2011 | 2010 | |||
|---|---|---|---|---|---|---|
| -0.7625% | -2.9937% | 2.2777% | -2.0048% |
| 2013 | -0.7625% |
| 2012 | -2.9937% |
| 2011 | 2.2777% |
| 2010 | -2.0048% |
Tracking Difference Graph
SPDR® Gold Shares performance is calculated on a NAV to NAV basis without any reinvestment of distributions.
Fund Documents
Related Items
Purchase Information
SPDR® ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).
To purchase a SPDR® fund, please consult your stock broker or financial advisor.
Fund Footnotes
All the information contained on this web page is as of date indicated unless otherwise noted. All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.
The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA's express written consent.
Frequent trading of ETF's could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.
These investments may have difficulty in liquidating an investment position without taking a significant discount from current market value, which can be a significant problem with certain lightly traded securities. Investing in commodities entail significant risk and is not appropriate for all investors. Commodities investing entail significant risk as commodity prices can be extremely volatile due to wide range of factors. A few such factors include overall market movements, real or perceived inflationary trends, commodity index volatility, international, economic and political changes, change in interest and currency exchange rates.
Nothing contained herein constitutes investment advice and should not be relied upon as such. The value of the Shares of the Trust may fall or rise. Shares in the Trust are not obligations of, deposits in, or guaranteed by, World Gold Trust Services, LLC, State Street Global Advisors or any of their affiliates. Past performance figures of the Trust or of the gold market are not necessarily indicative of the future performance of the Trust. The Shares are expected to reflect the gold price, therefore the price of the Shares will be as unpredictable as the gold price has historically been.
Investors have no right to request the Sponsor to redeem their Shares while the Shares are listed. It is intended that the holders of the Shares may only deal in their Shares through trading on the Singapore Exchange Securities Trading Limited ("SGX"). Redemption of Shares can only be executed in substantial size through authorized participants. Listing of the shares on the SGX does not guarantee a liquid market for the Shares, and the Shares may be delisted from the SGX.
The offering documents in respect of the Singapore offer of the Shares in the Trust is available and may be obtained upon request from State Street Global Advisors Singapore Limited ("SSGA") and can be downloaded from the Trust's website: www.spdrgoldshares.com. Investors should read the offering documents of the Trust before deciding whether to purchase Shares. You may wish to seek advice from a financial adviser before making a commitment to purchase Shares. Past performance figures are not necessarily indicative of future performance of the Fund. In the event that you choose not to seek advice from a financial adviser, you should consider whether the Trust is suitable for you.
