spdr gold etf

Upload: picchu144

Post on 04-Apr-2018

215 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/30/2019 SPDR Gold ETF

    1/2

    GLDSPDR Gd Sares As of 03/31/2011INDEX TICKER

    N/A

    INTRADAY NAV TICKER

    GLDIV

    FuND INCEPTIoN DATE

    11/12/2004

    objECTIVE

    Te ojective of te SPDR Gold Trust is for te Sares

    to reflect te performance of te price of gold ullion,

    less te Trust's epenses.

    Ordinary roerage commissions may apply.

    ThE PRICE oF GolD

    Te spot price for gold ullion is determined y maret

    forces in te 24-our gloal over-te-counter (OTC) maret

    for gold. Te OTC maret accounts for most gloal gold

    trading, and prices quoted reflect te information availale

    to te maret at any given time. Te price, oldings, and n

    asset value of Gold Sares, as well as maret data for te

    overall gold ullion maret, can e traced daily at spdrgold

    sares.com.

    PERFoRmANCE

    ToTAl RETuRN loNDoN Pm FIX (%) NAV (%) mARKET VAluE (%)

    QTD 2.38 1.93 0.79

    YTD 2.38 1.93 0.79

    ANNuAlIzED

    1 YEAR 29.00 28.49 28.33

    3 YEAR 15.49 15.06 15.65

    5 YEAR 19.84 19.36 19.19

    SINCE FUND INCEPTION 20.37 19.89 19.58

    (%)

    GRoSS EXPENSE RATIo 0.40

    Performance quoted represents past performance, which is no guarantee of future results. Investmen

    return and principal value will uctuate, so you may have a gain or loss when shares are sold. Currenperformance may be higher or lower than that quoted. Visit spdrs.com for most recent month-endperformance.

    ADVANTAGES

    EASILY ACCESSIbLE Listed on te NYSE Arca.

    SECURE Te Gold Sares represent fractional, undivided

    interests in te Trust, te primary asset of wic is

    allocated (or secured) gold.

    TRANSPARENT Tere eists a 24-our gloal over-te-counter mar

    for gold ullion, wic provides readily availale

    maret data. Te price, oldings and net asset value

    of Gold Sares, as well as maret data for te overa

    gold ullion maret, can e traced daily at: www.

    spdrgoldsares.com.

    COST EFFECTIVE For many investors, te transaction costs related to

    te Gold Sares are epected to e lower tan te

    costs associated wit te purcase, storage and

    insurance of pysical gold.

    LIQUID Structure allows for asets to e created and

    redeemed according to maret demand, creating

    liquidity.

    FLExIbLE Gold Sares are listed on te New Yor Stoc

    Ecange Arca (NYSE Arca: GLD) and trade te sam

    way ordinary stocs do. It is possile to uy or sell

    Gold Sares continuously trougout te trading daon te ecange at prices estalised y te maret

    Additionally, it is possile to place maret, limit and

    stop-loss orders of Gold Sares.

    World Gold Trust Services, LLC as te Sponsor and State Street Gloal Marets, LLC as te Mareting Agent ave agreed to reduce te fees payale to tem from te assets of te Trust to te ete

    required so tat te estimated ordinary epenses of te Trust do not eceed an amount equal to 0.40% per annum of te daily net asset value during te period ending seven years from te date of t

    Trust Indenture, 11/12/2004, or upon te earlier termination of te Mareting Agent Agreement.

    Neiter diversification nor asset allocation ensure profit or guarantee against loss.

  • 7/30/2019 SPDR Gold ETF

    2/2

    ETFs trade lie stocs, are suject to investment ris, fluctuate in maret value and may trade at prices aove or elow te ETFs net asset value.broerage commissions and ETF epenses will reduce returns.

    As wit all investments, investing in gold entails ris. Tere can e no assurance tat gold will maintain its long-term value in terms of purcasingpower in te future or tat gold will continue to eiit low to negative correlation wit oter asset classes. You could lose money my investing in gold.

    Important Information Relating to SPDR Gold Trust:

    Te SPDR Gold Trust ("GLD") as filed a registration statement (including a prospectus) wit te Securities and Ecange Commission ("SEC") for teoffering to wic tis communication relates. before you invest, you sould read te prospectus in tat registration statement and oter documents

    GLD as filed wit te SEC for more complete information aout GLD and tis offering. You may get tese documents for free y visiting EDGAR onte SEC wesite at www.sec.gov or y visiting www.spdrgoldsares.com. Alternatively, te Trust or any autorized participant will arrange to send youte prospectus if you request it y calling 1-866-320-4053.

    GLD sares trade lie stocs, are suject to investment ris and will fluctuate in maret value. Te value of GLD sares relates directly to te valueof te gold eld y GLD (less its epenses), and fluctuations in te price of gold could materially and adversely affect an investment in te sares.Te price received upon te sale of te sares, wic trade at maret price, may e more or less tan te value of te gold represented y tem.GLD does not generate any income, and as GLD regularly sells gold to pay for its ongoing epenses, te amount of gold represented y eac Sarewill decline over time. Investing involves ris, and you could lose money on an investment in GLD. Pease see te GlD prspects fr a detaieddiscssin f te risks f investing in GlD sares.

    "SPDR" is a registered trademar of Standard & Poor's Financial Services LLC ("S&P") and as een licensed for use y State Street Corporation. Nofinancial product offered y State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted y S&P or its affiliates, and S&P and itsaffiliates mae no representation, warranty or condition regarding te advisaility of uying, selling or olding units/sares in suc products. Furterlimitations tat could affect investors' rigts may e found in GLD's prospectus.

    For more information contact State Street Gloal Marets, LLC, One Lincoln Street, boston, MA, 02111, 866.320.4053 or visit www.spdrgoldsares.com.

    Nt FDIC Insred -N bank Garantee - may lse Vae

    Date of First Use: April 2011

    Epiration Date: 07/20/2011

    SPDR Gd Sares As of 03/31/2011KEY FACTS

    bLOOMbERG SPDR

    TICkER SYMbOL GLD

    CUSIP 78463V107

    ExChANGE NYSE ARCA ExChANGE

    ShORT SALE ELIGIbLE Yes

    MARGIN ELIGIbLE Yes

    mANAGEmENT

    SPONSOR World Gold Trust Services, LLC

    CUSTODIAN hSbC ban USA, N.A.

    TRUSTEE Te ban of New Yor Mellon

    MARkETING AGENT State Street Gloal Marets, LLC

    ETF-GLD20110406/08:01