SPDR® Gold MiniSharesSM Trust GLDM

Important Risk Disclosure

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$17.27

as of Apr 14 2021

Base Currency

USD

Assets Under Management

$4,059.87 M

as of Apr 14 2021

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.18%


Key Features

Key Features

  • The investment objective of SPDR® Gold MiniSharesSM Trust (GLDMSM) is for the Shares of GLDM to reflect the performance of the price of gold bullion, less GLDM's expenses
  • Shares of GLDM are designed for investors who want a cost-effective and convenient way to invest in gold
  • For many investors, costs associated with buying and selling the Shares in the secondary market and the payment of GLDM's ongoing expenses will be lower than the costs associated with buying and selling gold bullion and storing and insuring gold bullion in a traditional allocated gold bullion account

Fund Information as of Apr 14 2021

Fund Information as of Apr 14 2021
Benchmark Inception Date Options Available Marginable Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Trustee
LBMA Gold Price PM Jun 25 2018 No Yes 0.18% USD Delaware Trust Company
Benchmark LBMA Gold Price PM
Inception Date Jun 25 2018
Options Available No
Marginable Yes
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.18%
Base Currency USD
Trustee Delaware Trust Company
Marketing Agent Gold Custodian Sponsor Administrator Distributor
State Street Global Advisors Funds Distributors, LLC ICBC Standard Bank Plc WGC USA Asset Management Company, LLC BNY Mellon Asset Servicing, a division of The Bank of New York Mellon State Street Global Advisors Funds Distributors, LLC
Marketing Agent State Street Global Advisors Funds Distributors, LLC
Gold Custodian ICBC Standard Bank Plc
Sponsor WGC USA Asset Management Company, LLC
Administrator BNY Mellon Asset Servicing, a division of The Bank of New York Mellon
Distributor State Street Global Advisors Funds Distributors, LLC

Listing Information as of Apr 14 2021

Listing Information as of Apr 14 2021
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Jun 26 2018 USD GLDM 98149E204 US98149E2046
Exchange NYSE ARCA EXCHANGE
Listing Date Jun 26 2018
Trading Currency USD
Ticker GLDM
CUSIP 98149E204
ISIN US98149E2046

Fund Market Price as of Apr 14 2021

Fund Market Price as of Apr 14 2021
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

$17.28 $17.29 $17.32 $17.25 142,410 -0.01% 0.06%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$17.28
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$17.29
Day High $17.32
Day Low $17.25
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

142,410
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

-0.01%
30-Day Median Bid/Ask Spread

The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

0.06%

Premium Discount to NAV Graph and Summary

The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates
y axis: Premium or Discount (bps)

Number of Days Summary

Calendar Year 2020 First Quarter of 2021
Days Traded at Premium
Number of days the ETF closing price was above the NAV.
122 13
Days Traded at Discount
Number of days the ETF closing price was below the NAV.
123 45
Days Traded at Premium
Number of days the ETF closing price was above the NAV.
Calendar Year 2020 122
First Quarter of 2021 13
Days Traded at Discount
Number of days the ETF closing price was below the NAV.
Calendar Year 2020 123
First Quarter of 2021 45
Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Per Basket Information as of Apr 14 2021

Per Basket Information as of Apr 14 2021
NAV (in gold oz) Per Basket NAV Per Basket
994.999 $1,726,870.92
NAV (in gold oz) Per Basket 994.999
NAV Per Basket $1,726,870.92

Fund Net Asset Value as of Apr 14 2021

Fund Net Asset Value as of Apr 14 2021
LBMA Gold Price PM NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Shares Outstanding Assets Under Management
$1,735.55 $17.27 235.10 M $4,059.87 M
LBMA Gold Price PM $1,735.55
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$17.27
Shares Outstanding 235.10 M
Assets Under Management $4,059.87 M
Most Recent NAV / NAV History Download Historical Value of LBMA Gold Price PM

Fund Performance

Fund Performance

  • Fund Inception Date: Jun 25 2018

as of Mar 31 2021

as of Mar 31 2021

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jun 25 2018
NAV Mar 31 2021 -2.99% -10.62% -10.62% 4.91% - - - 11.02%
Market Value Mar 31 2021 -1.11% -10.24% -10.24% 8.14% - - - 11.51%
LBMA Gold Price PM Mar 31 2021 -2.97% -10.41% -10.41% 5.10% - - - 11.22%
As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jun 25 2018
NAV Mar 31 2021 -2.99% -10.62% -10.62% 4.91% - - - 11.02%
Market Value Mar 31 2021 -1.11% -10.24% -10.24% 8.14% - - - 11.51%
LBMA Gold Price PM Mar 31 2021 -2.97% -10.41% -10.41% 5.10% - - - 11.22%

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. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.18%


Purchase Information

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions may apply.


Fund Footnotes

Important risk information

Investing involves risk, and you could lose money on an investment in SPDR® Gold MiniShares℠ Trust (“GLDM℠” or “GLDM”), a series of the World Gold Trust.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs’ net asset value. Brokerage commissions and ETF expenses will reduce returns.

Commodities and commodity-index linked securities may be affected by changes in overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities.

Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.

Diversification does not ensure a profit or guarantee against loss.

Investing in commodities entails significant risk and is not appropriate for all investors.

Important Information Relating to GLDM℠:

The World Gold Trust has filed a registration statement (including a prospectus) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the World Gold Trust has filed with the SEC for more complete information about GLDM and this offering. Please see the GLDM prospectus for a detailed discussion of the risks of investing in GLDM shares. The GLDM prospectus is available by clicking here. You may get these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting spdrgoldshares.com. Alternatively, GLDM or any authorized participant will arrange to send you the prospectus if you request it by calling 866.320.4053.

GLDM is not an investment company registered under the Investment Company Act of 1940 (the "1940 Act") and is not subject to regulation under the Commodity Exchange Act of 1936 (the "CEA"). As a result, shareholders of GLDM do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA.

GLDM shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of GLDM shares relates directly to the value of the gold held by GLDM (less its expenses), and fluctuations in the price of gold could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the gold represented by them. GLDM does not generate any income, and as GLDM regularly sells gold to pay for its ongoing expenses, the amount of gold represented by each Share will decline over time to that extent.

The World Gold Council name and logo are a registered trademark and used with the permission of the World Gold Council pursuant to a license agreement. The World Gold Council is not responsible for the content of, and is not liable for the use of or reliance on, this material.  World Gold Council is an affiliate of GLDM's sponsor.

MiniSharesSM and GLDMSM are service marks of WGC USA Asset Management Company, LLC used with the permission of WGC USA Asset Management Company, LLC.

For more information, please contact the Marketing Agent for GLDM: State Street Global Advisors Funds Distributors, LLC, One Iron Street, Boston, MA, 02210; T: +1 866 320 4053 spdrgoldshares.com

© 2021 State Street Corporation. All Rights Reserved.State Street Global Advisors Funds Distributors, LLC, One Iron Street, Boston, MA02210

Not FDIC Insured - No Bank Guarantee - May Lose Value

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.