SPDR Gold Shares
O87.SI : Singapore Exchange
244.050
-0.12%
Share Price in USD. As of 06 Dec 15:36:22 SGT
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Fund Highlights
Fund Description
SPDR Gold Shares (O87.SI) is an exchange-traded fund (ETF) that tracks the price of gold. It is designed to provide investors with a simple and cost-effective way to invest in gold without having to physically own and store the metal. The ETF is backed by physical gold held in a secure vault.
Key Features
- 1Exposure to Gold as a Safe Haven Asset
SPDR Gold Shares is an exchange-traded fund (ETF) that provides investors with exposure to the price performance of gold bullion. Gold is often considered a safe haven asset, as it has historically held its value during times of economic uncertainty and market volatility.
Investing in SPDR Gold Shares can provide diversification to a portfolio, as gold has a low correlation to other asset classes such as stocks and bonds.
- 2Low Expense Ratio
SPDR Gold Shares has a low expense ratio of 0.4%, which means that investors can gain exposure to gold at a relatively low cost. This expense ratio is lower than the average expense ratio for gold mutual funds and other gold ETFs.
- 3Traded on the Singapore Exchange
SPDR Gold Shares is traded on the Singapore Exchange, which provides investors with easy access to the ETF. Investors can buy and sell shares of the ETF during trading hours on the exchange, just like they would with a stock.
The ETF is also highly liquid, which means that investors can easily buy and sell shares without significantly affecting the market price of the ETF.
Fund Allocation
Beansprout Analysis
News
Fund Documents
- Prospectus
- Factsheet