SPDR® Gold Shares (2840)

2840
Important Risk Disclosure for SPDR® Gold Shares
  • SPDR® Gold Trust (the "Trust") is an exchange traded fund designed to track the price of gold (net of Trust expenses).
  • The value of the gold held by the Trust is determined using the recently established LBMA Gold Price PM. For further information and risks regarding the LBMA Gold Price PM, please refer to the offering documents.
  • Investment involves risks, in particular, investing in one single commodity asset class. Fluctuation in the price of gold may materially adversely affect the value of the Trust. Investors may lose part or all of their investment.
  • The trading price of the Shares may be different from the underlying NAV per share.
  • The Trust may not be suitable for all investors. Investors should not invest based on this marketing material only. Investors should read the Trust's prospectus, including the risk factors, take into consideration of the product features, their own investment objectives, risk tolerance level, etc. and seek independent financial and professional advice as appropriate prior to making any investment.

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 13 Nov 2018
Bloomberg Ticker2840 HK
SEHK Stock Code2840
ISINUS78463V1070
SEDOLB3B85M0
Reference Benchmark1LBMA Gold Price PM
Inception Date18 Nov 2004
SEHK Listing Date31 Jul 2008
Ongoing Charges Over a Year20.40%
Board Lot Size10 Shares
Base CurrencyUSD
Trading CurrencyHKD
Domicile LocationUnited States
Registration LocationsUnited States, Hong Kong,
Singapore and Japan
Primary ExchangeNYSE ARCA Exchange
Regulatory StructureGrantor Trust
Replication MethodPhysically-backed
Distribution FrequencyNo dividend will be paid
TrusteeBNY Mellon Asset Servicing, a division of The Bank of New York Mellon

Fund Documents

Fund Performance

MONTH END
As of 31 Oct 2018
QUARTER END
As of 30 Sep 2018
1 Month2.5%-1.6%
3 Month-0.6%-5.4%
6 Month-7.7%-10.7%
YTD-6.2%-8.5%
1 YR-4.2%-7.6%
3 YR2.1%2.1%
5 YR-1.9%-2.4%
10 YR4.9%2.7%
Inception
18 Nov 2004
7.2%7.0%
Performance Disclosure

The performance of the Trust and the LBMA Gold Price PM is HKD converted and may differ from the performance in USD terms due to FX rate fluctuation. Performance is calculated based on NAV-To-NAV, in HKD, including ongoing charges and excluding the Trust's trading costs on the SEHK, and including the reinvestment of any dividend. No dividends were issued during the period, nor are any expected to be issued in future periods. Calendar year performance figures show by how much the fund increased or decreased in value during the calendar year being shown. 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. Performance returns for periods of less than one year are not annualized.

IOPV Feed

Estimated NAV per Unit at 4PM, Hong Kong Time
N/A
Estimated NAV per Unit
N/A
IOPV Feed Disclosure

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.

Fund Market Price

As of 13 Nov 2018
Bid/Ask

Bid/Ask

The bid/ask mid point is the average of the last bid and ask price where:

The bid price is the price a prospective buyer is prepared to pay at a particular time for trading a unit of given security and

The ask price is the price at which someone who owns a security offers to sell it; also known as the asked price.

HKD $891.75
Closing PriceHKD $891.00
Day HighHKD $893.50
Day LowHKD $890.00
Exchange Volume (HKD)HKD $12,129,528
Exchange Volume (Shares)

The Exchange Volume represents the volume of shares traded on the Stock Exchange of Hong Kong throughout the previous business day.

12,849
30 Day Average Exchange Volume (HKD)HKD $22,572,409
30 Day Average Exchange Volume (Shares)23,691

Fund Net Asset Value

As of 13 Nov 2018
LBMA Gold Price PMHKD $9,412.56
NAV per Unit3HKD $890.32
Shares Outstanding258.70 M
Total Net AssetsHKD $230,324.72 M
Premium/Discount-0.08%
Most Recent NAV / NAV History CSV Download Historical Value of Benchmark1 CSV

Per Basket Information

As of 13 Nov 2018
NAV (in gold oz) Per Basket9,458.20
NAV Per Basket (HKD)HKD $89,031,588.32

1. Effective March 20, 2015, the SPDR Gold Trust (2840) 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.

2. The ongoing charges figure is based on expenses for the 12 month period ended 31 December 2017. This may vary from year to year. The ongoing charges figure is an annual figure calculated by adding the applicable charges and payments deducted from the assets of the Trust and then dividing by the NAV for the year attributable to the relevant share class.

3. The Net Asset Value in HKD is for reference only and should not be construed as representing amounts convertible into HKD.

Performance Chart

Cumulative
LBMA Gold Price PMFund
Month End - 31 Oct 2018
1 Month2.6%2.5%
3 Month-0.5%-0.6%
6 Month-7.5%-7.7%
YTD-5.5%-6.2%
Quarter End - 30 Sep 2018
1 Month-1.5%-1.6%
3 Month-5.3%-5.4%
6 Month-10.6%-10.7%
YTD-7.9%-8.5%
Annualized
LBMA Gold Price PMFund
Month End - 31 Oct 2018
1 YR-3.8%-4.2%
3 YR2.5%2.1%
5 YR-1.5%-1.9%
10 YR5.3%4.9%
Since
Inception
18 Nov 2004
7.6%7.2%
Quarter End - 30 Sep 2018
1 YR-7.3%-7.6%
3 YR2.5%2.1%
5 YR-2.0%-2.4%
10 YR3.1%2.7%
Since
Inception
18 Nov 2004
7.4%7.0%
Calendar
LBMA Gold Price PMFund
31 Oct 2018
201713.5%12.3%
20168.1%8.7%
2015-12.2%-11.8%
20140.1%-0.6%
2013-27.3%-28.1%
20128.0%5.1%
20118.8%11.1%
201029.6%27.6%
200925.1%27.2%
20083.6%2.3%
Performance Disclosure

The performance of the Trust and the LBMA Gold Price PM is HKD converted and may differ from the performance in USD terms due to FX rate fluctuation. Performance is calculated based on NAV-To-NAV, in HKD, including ongoing charges and excluding the Trust's trading costs on the SEHK, and including the reinvestment of any dividend. No dividends were issued during the period, nor are any expected to be issued in future periods.

Calendar year performance figures show by how much the fund increased or decreased in value during the calendar year being shown. 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. Performance returns for periods of less than one year are not annualized.

Effective March 20, 2015, the SPDR Gold Trust (2840) 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.

Ongoing Charges Over a Year1: 0.40%

Performance Graphs

Month End as of 31 Oct 2018

Fund Inception Date: 18 Nov 2004

Index Inception Date: 18 Nov 2004

Quarter End as of 30 Sep 2018

Fund Inception Date: 18 Nov 2004

Index Inception Date: 18 Nov 2004

¹The ongoing charges figure is based on expenses for the 12 month period ended 30 September 2016. This may vary from year to year. The ongoing charges figure is an annual figure calculated by adding the applicable charges and payments deducted from the assets of the Trust and then dividing by the NAV for the year attributable to the relevant share class.

Definitions of Tracking Difference and Tracking Error

Tracking Difference (TD)Tracking Difference is the return difference between an ETF and its underlying benchmark / index over a certain period of time.

Tracking Error (TE)Tracking error measures how consistently an ETF follows its benchmark / index. It is the volatility (measured by standard deviation) of that return difference.

Tracking Difference

Fund Inception Date: 18 Nov 2004
As of 31 Oct 2018
Rolling 1-Year TD0.0541%
TD for Calendar Year 2017-1.2503%
TD for Calendar Year 20160.5644%
TD for Calendar Year 20150.3343%
TD for Calendar Year 2014-0.7081%
TD for Calendar Year 2013-0.7625%
TD for Calendar Year 2012-2.9937%
TD for Calendar Year 20112.2777%
TD for Calendar Year 2010-2.0048%
TD for Calendar Year 20092.0965%
TD for Calendar Year 2008-1.3242%

Tracking Error

Fund Inception Date: 18 Nov 2004
As of 31 Oct 2018
Rolling 1-Year TE^0.2766%

^ Annualized based on the number of dealing days in the past 12 months when daily Tracking Difference is calculated.

Tracking Difference Graph

SPDR® Gold Shares performance is calculated on a NAV to NAV basis without any reinvestment of distributions.

Fund Documents

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.


For more information about the Shares, please visit www.spdrgoldshares.com or call customer hotline (852) 2103 0100.

All the information contained on this website is as of date indicated unless otherwise noted. This information is issued by State Street Global Advisors Asia Limited ("SSGA") and has not been reviewed by the Securities and Futures Commission of Hong Kong ("SFC").

It may not be reproduced, distributed or transmitted to any person without express prior permission. This website and the information contained herein may not be distributed and published in jurisdictions in which such distribution and publication is not permitted. 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.

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, SSGA or any of their affiliates. 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 Trust's sponsor to redeem their shares while the Shares are listed. It is intended the holders of the Shares may only deal in their Shares through trading on the Stock Exchange of Hong Kong Limited ("SEHK"). Redemption of Shares can only be executed in substantial size through authorized participants. Listing of Shares on the SEHK does not guarantee a liquid market for Shares, and Shares may be delisted from the SEHK.

The offering documents of the Trust may be obtained upon request from SSGA and can be downloaded from the Trust's website: www.spdrgoldshares.com *

LBMA Gold Price PM

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