How SPDR GOLD Shares (O87) are created and redeemed
SPDR gold Shares (O87)
SPDR Gold Shares-SGX Stock Code O87-offers investors an innovative and relatively cost efficient to access the gold market, removing the barriers presented by the logistics of buying, storing and insuring physical gold. Learn how the creation/redemption process for SPDR Gold Shares differs from other exchange traded funds and how this unique process ensures that all issued shares are physically backed with gold bullion.Take a look at SPDR Gold Share Now »
Investment involves risk and investors should read the prospectus including the risk factors carefully before investing. Past performance is not an indicative of future performance.
ETFs trade like a 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.
Nothing contained herein constitutes investment advice and should not be relied upon as such. The value of the shares of the SPDR® Gold Trust (the"Trust") may fall or rise. Shares in the Trust are not obligations of, deposits in, or guaranteed by, World Gold Trust Services, LL C, State Street Global Advisors or any of their affiliates. 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 prospectus 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", regulated by the Monetary Authority of Singapore) (Co. Reg. No: 200002719D, ). Investors should read the prospectus of the Trust before deciding whether to purchase Shares. Shares in the Trust are not obligations of, deposits in, or guaranteed by, World Gold Trust Services, LLC, SSGA or any of their affiliates. You may wish to seek advice from a financial adviser before making a commitment to purchase Shares. In the event that you choose not to seek advice from a financial adviser, you should consider whether the Trust is suitable for you. Investors have no right to request the Sponsor to redeem their Shares while the Shares are listed. It is intended that holders of Shares may only deal in their Shares through trading on the Singapore Exchange Securities Trading Limited ("SGX-ST"). Listing of the Shares on the SGX-ST does not guarantee a liquid market for the Shares.
All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone.
"SPDR®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and has been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products. Further limitations that could affect investors' rights may be found in SPDR® Gold Shares prospectus.