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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.
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.
USD $141.80
as of 23 Aug 2019
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.
Please refer to the Prospectus for the definition of "Dealing Day".
as of
USD
USD $41,561.48 M
as of 23 Aug 2019
Effective 17 July 2015, the Trust's only recurring expense is the Sponsor's fee which accrues daily at an annual rate equal to 0.40% of the daily NAV, in exchange for the Sponsor assuming the responsibility to pay all ordinary fees and expenses of the Trust which include fees and expenses of the Trustee, the fees and expenses of the Custodian for the custody of the Trust's gold bars, the fees and expenses of the Sponsor, certain taxes, the fees of the Marketing Agent, printing and mailing costs, legal and audit fees, registration fees, NYSE Arca listing fees and other marketing costs and expenses. The Sponsor was paid US$20,324,038 for its services from 17 July 2015 through 30 September 2015.
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 Singapore 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 Singapore Stock Exchange (O87) 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
The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust's expenses.
Fund Information as of 23 Aug 2019
| Regulatory Structure | Replication Method | |||||
|---|---|---|---|---|---|---|
| Collective Investment Scheme | Tracks LBMA Gold Price PM Physically-backed |
| Regulatory Structure | Collective Investment Scheme |
| Replication Method | Tracks LBMA Gold Price PM Physically-backed |
Listing Information as of 23 Aug 2019
| Exchange | Listing Date | Trading Currency | Stock Code | Bloomberg Ticker | SEDOL | ISIN |
|---|---|---|---|---|---|---|
| Singapore Exchange Securities Trading Limited | 11 Oct 2006 | USD | O87 | GLD SP | B3B85M0 | US78463V1070 |
| Exchange | Singapore Exchange Securities Trading Limited |
| Listing Date | 11 Oct 2006 |
| Trading Currency | USD |
| Stock Code | O87 |
| Bloomberg Ticker | GLD SP |
| SEDOL | B3B85M0 |
| ISIN | US78463V1070 |
INAV
| Estimated NAV per Unit at 5PM, Singapore Time as of | Estimated NAV per Unit as of (Updated every 15 seconds) |
|---|---|
| Estimated NAV per Unit at 5PM, Singapore Time as of | |
| Estimated NAV per Unit as of (Updated every 15 seconds) |
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.
Please refer to the Prospectus for the definition of "Dealing Day".
Per Basket Information as of 23 Aug 2019
| NAV (in gold oz) Per Basket | NAV Per Basket | |
|---|---|---|
| 9,429.42 | USD $14,179,967.44 |
| NAV (in gold oz) Per Basket | 9,429.42 |
| NAV Per Basket | USD $14,179,967.44 |
Fund Market Price as of 23 Aug 2019
| Bid/Ask | Closing Price | Day High | Day Low | Exchange Volume (Shares) | ||
|---|---|---|---|---|---|---|
| USD $141.34 | USD $141.17 | USD $142.30 | USD $141.05 | 20,675 |
| Bid/Ask | USD $141.34 |
| Closing Price | USD $141.17 |
| Day High | USD $142.30 |
| Day Low | USD $141.05 |
| Exchange Volume (Shares) | 20,675 |
Fund Net Asset Value as of 23 Aug 2019
| LBMA Gold Price PM | NAV | Shares Outstanding | AUM | Premium/Discount | ||
|---|---|---|---|---|---|---|
| USD $1,503.80 | USD $141.80 | 293.10 M | USD $41,561.48 M | -5.55% |
| LBMA Gold Price PM | USD $1,503.80 |
| NAV | USD $141.80 |
| Shares Outstanding | 293.10 M |
| AUM | USD $41,561.48 M |
| Premium/Discount | -5.55% |
Fund Performance
Performance is calculated on a single pricing basis (NAV-To-NAV), in USD, including the reinvestment of any dividend. No dividends were issued during the period, nor are any expected to be issued in future periods. 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 www.spdrgoldshares.com for most recent month-end performance.
Effective March 20, 2015, the SPDR Gold Trust (O87) 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.
Gross Expense Ratio: 0.40%
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.
