SPDR Gold MiniShares Trust
Twelve months
- Assets under management
- $31.5B
- Expense ratio
- 0.10%
- NAV
- $86.11
- Inception
- Jun 25, 2018
- Issuer
- SPDR
- Asset class
- Commodities
- Exchange
- —
- Average volume
- 4.3M
- Volume
- —
- 50-day average
- —
- 200-day average
- —
- Day range
- —
- Previous close
- —
- Domicile
- US
- Official page
- ssga.com
About this fund
The SPDR Gold MiniShares Trust (GLDM) aims for its shares (MiniShares) to mirror the price fluctuations of gold bullion, after accounting for the trust's operational expenses. This investment vehicle provides individuals with an accessible and economical way to gain exposure to gold. Many investors will likely find that the combined costs of trading GLDM shares in the secondary market and the trust's recurring fees are lower than the expenditures associated with directly purchasing, selling, storing, and insuring physical gold in a conventional allocated bullion account.
Sector exposure
- Cash & Others100.00%
Similar funds
All ETFs →Questions
What is the expense ratio of GLDM?
GLDM charges 0.10% per year. The fee is taken out of the fund's assets, so it shows up as a small drag on performance rather than as a separate bill.
How large is GLDM?
The fund manages $31.5B. Size matters mainly for liquidity: larger funds tend to trade with tighter spreads and are less likely to be closed by the issuer.
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