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SPDR Gold Shares

Key Info

Name SPDR Gold Trust
Objective Designed to track the price of gold (net of Trust expenses)
Symbol 2840
Exchange Stock Exchange of Hong Kong
Initial Pricing Based on the price of 1/10th of an ounce of gold
Estimated Expense 0.40%*
Minimum Order Size 10 shares
Sponsor World Gold Trust Services LLC
Trustee BNY Mellon Asset Servicing
Custodian HSBC Bank (USA), NA
Marketing Agent State Street Global Markets, LLC
Hong Kong Representative State Street Global Advisors Asia Ltd
Market Maker Citigroup Global Markets Asia Limited
Short Sale Eligible Yes
Margin Eligible Yes
Structure Continuously offered, open-ended investment trust

* The Sponsor and the Marketing Agent have agreed to reduce the fees payable to them from the assets of the Trust to the extent required so that the estimated ordinary expenses of the Trust do not exceed an amount equal to 0.40% per annum of the daily net asset value during the period ending seven years from the date of the Trust Indenture or upon the earlier termination of the Marketing Agent Agreement. Investors should be aware that if the value of the Trust assets is less than approximately $500 million, the ordinary expenses of the Trust will be accrued at a rate greater than 0.40% per year of the daily Adjusted Net Asset Value ("ANAV") of the Trust even after the Sponsor and the Marketing Agent have completely reduced their combined fees of 0.30% per year of the daily ANAV of the Trust. This amount is based on the estimated ordinary expenses of the Trust.

SPDR Gold Trust Advantages

Easily Accessible Listed on the HKEx.
Secure The Gold Shares represent fractional, undivided interests in the Trust, the sole assets of which are physical gold bullion and, from time to time, cash.
Relatively Cost Effective For many investors, transaction costs related to the Gold 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.
Liquid Structure allows for baskets to be created and redeemed according to market demand, creating liquidity.
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 Gold Shares, as well as market data for the overall gold bullion market, can be tracked daily at
Flexible Gold Shares (HKEx: 2840) are listed on the Stock Exchange of Hong Kong and trade the same way ordinary stocks do. It is possible to buy or sell Gold 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 Gold Shares.


Current Indicative Intraday Value of 2840

 HKD awaited
 US$ awaited

data delayed 5-10 sec

Gold Spot Price

US$ Gold/oz

bid HKDawaited
offer HKD awaited
mid HKD awaited

data source:
data delayed 5-10 sec, awaited

More Information

© 2009 WGTS.   An initiative of World Gold Trust Services

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