![]() ![]() Shares of each Fund trade like stocks, are subject to investment risk and will fluctuate in market value. As a result, shareholders of each of GLD and GLDM do not have the protections afforded by the CEA. GLD and GLDM are not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders of each Fund do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act. None of the Funds is an investment company registered under the Investment Company Act of 1940 (the “1940 Act”). Alternatively, the Funds or any authorized participant will arrange to send you the prospectus if you request it by calling 866.320.4053. ![]() You may get these documents for free by visiting EDGAR on the SEC website at sec.gov or by visiting. The GLD prospectus is available by clicking here, and the GLDM prospectus is available by clicking here. Please see each Fund’s prospectus for a detailed discussion of the risks of investing in each Fund’s shares. Before you invest, you should read the prospectus in the registration statement and other documents each Fund has filed with the SEC for more complete information about each Fund and these offerings. Important Information Relating to GLD® and GLDM℠: GLD and the World Gold Trust have each filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for GLD and GLDM, respectively. Investing in commodities entails significant risk and is not appropriate for all investors. Brokerage commissions and ETF expenses will reduce returns.Ĭommodities and commodity-index linked securities may be affected by changes in overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes, or political and regulatory developments, as well as trading activity of speculators and arbitrageurs in the underlying commodities.įrequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.ĭiversification does not ensure a profit or guarantee against loss. ![]() Investing involves risk, and you could lose money on an investment in each of SPDR® Gold Shares Trust (“GLD®” or “GLD”) and SPDR® Gold MiniShares℠ Trust (“GLDM℠” or “GLDM”), a series of the World Gold Trust (together, the “Funds”).ĮTFs 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. ![]()
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