Get SEC filings for SPDR® Gold Shares (gld), including prospectus, annual reports, semi-annual reports, supplement, and SAI filings. Effective March 20, , the SPDR Gold Trust (GLD) adopted the LBMA Gold Price . Please see the GLD prospectus for a detailed discussion of the risks of. Gold Shares (GLD®) to reflect the performance of the . When distributed electronically, the GLD prospectus is available by clicking here.
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The Prowpectus holds gold bars and gldd time to time- issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The Sponsor believes that- for many investors- the Shares represent a cost-effective investment in gold. ETFs offer investors an interest in a portfolio of securities and other underlying assets and are therefore quite similar to mutual funds.
One unique ETF feature is transparency, allowing investors gkd see the underlying portfolio securities on a daily basis.
Commodity-related products, including futures, carry a high level of risk and are not suitable for all investors. Commodity-related products may be extremely volatile, illiquid and can be significantly affected by underlying commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions, regardless of the length of time shares are held.
Investments in commodity-related products may subject the fund to significantly greater volatility than investments in traditional securities and involve substantial risks, including risk of loss of a significant portion of their principal value. Leveraged ETPs exchange-traded products typically use derivatives to attempt to multiply the returns of the underlying index each day. These securities trade much differently than other ETPs. They have the propensity to be more volatile and are inherently riskier than their non-leveraged counterparts.
These funds are not appropriate for most investors. Funds that borrow money to purchase more assets in this way will generally move up more than the market when the market rises and move down farther than the market when the market falls.
Bond funds that use leverage have the potential to increase the amount of income that they pay out, but at the cost of larger drops in value during a falling market. Leverage inherently increases the level of glv in a portfolio.
Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weighted average of the fund’s 3, 5 and 10 year Morningstar Rating metrics.
Exchange traded funds have gained the favor of investors because of their low expense ratios, tax efficiency, diversification, trading flexibility and liquidity.
They offer a lower relative cost alternative to other vehicles such as stocks and many mutual funds. ETFs trade on major U. Equity-based exchange traded funds have a similar risk profile to those of equity mutual funds, while fixed income-based ETFs have a risk profile that approximates bond mutual funds.
SPDRÂ® Gold Shares
Performance returns will fluctuate prospcetus are subject to market conditions and interest rate changes. ETF shares may be valued more or valued less than their original cost at the time gkd sale or redemption. ETFs that invest in foreign securities have higher risk characteristics versus domestic securities. Investors should carefully consider information contained in the prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling Schwab at Please read the prospectus carefully before investing.
As your agreement for the receipt and use of market data provides, the securities markets 1 reserve all rights to the market data that they make available; 2 do not guarantee that data; and 3 shall not be liable for any loss due either to their negligence or to any cause beyond their reasonable control.
Performance data quoted represents past performance and does not indicate future results. Current performance may be lower or higher. See the Performance tab for updated monthly returns.
Investment value will fluctuate, and shares, when redeemed, may be worth more prosprctus less than original cost. The Overall Morningstar Rating is a weighted average of the funds’ three- five- and year if applicable Morningstar rating. Investors should consider prospectis information contained in the prospectus or, if available, the summary prospectus, including investment objectives, risks, charges and expenses.
SPDR Gold Shares
You can request a prospectus by calling Investment returns will fluctuate and are subject prospctus market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Shares are bought and sold at market price, which may be higher or lower than the net asset value NAV. Third-party ETF sponsors or their affiliates participating in ETF OneSource pay Schwab an asset-based fee which applies only to ETF shares acquired without a commission charge and a fixed program fee each year for recordkeeping, shareholder services, and other administrative services that Schwab provides to participating ETFs.
The asset-based fee varies among Prospctus and can be as high as 0.
Schwab does not receive payment to promote any particular ETF to its customers. The amount of the fees is disclosed in the prospectus of each ETF.
GLD | SEC Filings – Fidelity
An exchange processing fee applies to sell transactions. Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please peospectus pricing guide for additional information. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes.
It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance.
SPDR Gold Shares – Wikipedia
The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three- five- and year if applicable Morningstar Rating metrics. While the year overall star rating formula seems to give the most weight to the year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Morningstar Ratings do not take into account sales loads prospecuts may apply to certain third party funds.
The news sources used on Schwab. Schwab is not affiliated with proospectus of the news content providers. Schwab is not responsible for the prospectsu, and does not write or control which particular article appears on its website. Charles Schwab Investment Advisory, Inc. Get an ETF Quote.
Additional Information Additional Information Holdings: Income refers only to interest payments from fixed-income securities and dividend payments from common stocks. Calculated at month end:.
Risks of Commodity ETFs Commodity-related products, including futures, carry a high level of risk and are not suitable for all investors. Leveraged Closed-end Funds Funds that borrow money to purchase more assets in this way will generally prospectsu up more than the market when the market rises and move down farther than the market when the market falls.
For ETFs, this refers to the number of times the fund is long or short the index to explain its leverage factor. For example, means that the ETF is short 3 times the index.
Precious Metals portfolios invest in such precious metals such as gold, silver, platinum and palladium. Investment can be made directly in physical assets or commodity linked derivative instruments. Style Box is calculated only using the long position holdings of the portfolio.
Commodities Precious Metals Precious Metals portfolios invest in such precious metals such as gold, prospectux, platinum and palladium. Narrow your ETF choices. Indexes And Stocks December 31, Why are ETFs so popular? Where are ETFs traded? What are the associated risks? Do ETFs come with a prospectus? Morningstar All performance periods are based on closing daily prices.
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