82840 - SPDR HK Gold Shares (CNY) (US78463V3050)

SPDR Gold Shares (GLD) is a popular exchange-traded fund (ETF) that tracks the price of gold. It is one of the largest and most liquid gold ETFs in the world, with over 75 billion USD in assets under management. The fund is designed to provide investors with a simple and cost-effective way to invest in gold. ETF trades on the New York Stock Exchange (NYSE) under the ticker symbol GLD and has ISIN US78463V1070. Investing in Gold with US78463V1070: SPDR Gold is backed by physical gold. This ensures that the ETF’s value is directly linked to the price of gold, providing a reliable way to invest in this precious metal. The fund is structured as a trust, meaning it operates under the supervision of a trustee, who ensures the fund’s assets are managed in accordance with its investment objectives. GLD is an investment that seeks to provide investors with the performance of gold bullion, less expenses. GLD investors own gold without the hassle of physical storage or the risk of theft. The price of GLD shares fluctuates throughout the day, based on supply and demand in the gold market. Key Features of GLD: SPDR Gold Shares is a trust that holds physical gold. The fund is designed to be a safe and reliable way to invest in gold. The fund is managed by State Street Global Advisors, one of the world’s largest asset managers. This provides investors with confidence in the fund’s management capabilities. Gold is a non-correlated asset, meaning its price tends to move independently of stocks and bonds. This can help to diversify an investment portfolio and reduce risk. Inflation Hedge: Gold has historically been a good hedge against inflation. As prices rise, the value of gold tends to increase. Safe Haven: Gold is often considered a safe-haven asset during times of economic uncertainty. When investors are worried about the stock market or the economy, they often turn to gold as a safe haven.

The SPDR HK Gold Shares (CNY) is a(n) Precious Metals Exchange Traded Funds (ETF) seeks to invest in Gold sector located in Global. The SPDR State Street Global Advisors fund’s base currency is USD and the share class was registered 29.10.2024 with unique ISIN - US78463V3050. Main exchange is Hong Kong S.E. and ticker symbol is 82840. The total expense ratio is 0.4%. The SPDR HK Gold Shares (CNY) pays dividends 0 time(s) per year.