| streetTRACKS® Gold Shares (“Gold Shares”)
offer investors a new, innovative, relatively cost efficient and
secure
way to access the gold market. Gold Shares are intended to offer
investors
a means of participating in the gold bullion market without the
necessity
of taking physical delivery of gold, and to buy and sell that interest
through the trading of a security on a regulated stock exchange.
The
introduction of Gold Shares is intended to lower many of the barriers,
such as access, custody, and transaction costs, that have prevented
some investors from investing in gold.
Gold Shares represent fractional, undivided beneficial ownership
interests in the Trust, the sole assets of which are gold bullion,
and, from time to time, cash. Gold Shares are intended to lower
a large number of the barriers preventing investors from using gold
as an asset allocation and trading tool. These barriers have included
the logistics of buying, storing and insuring gold. In addition,
certain pension funds and mutual funds do not or cannot hold physical
commodities, such as gold, or the derivatives.
Launch of StreetTracks Gold Shares in Singapore October
2006
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Left to right: Albert Cheng,
Director,
WGC (FE) Pte. Ltd.
Stuart Thomas, Principal,
Exchange Traded Gold
Bernard Reilly, Senior
Managing Director,
State Street Global
Advisors
Heng Swee Keat, Managing Director,
Monetary Authority of Singapore
Hsieh Fu Hua, Chief Executive Officer,
Singapore Exchange
Hon Cheung, Managing Director,
State Street Global Advisors,
Singapore |
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Left to right: James Ross,
Senior Managing Director, State Street Global Advisors
Gan Seow Ann, Senior Executive Vice President & Head,
Markets,
Singapore Exchange
James Burton, Chief Executive Officer,
World Gold Council
Hon Cheung, Managing Director,
State Street Global Advisors,
Singapore
Albert Cheng |
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Left to right: Albert Cheng,
Director,
WGC (FE) Pte. Ltd.
Stuart Thomas, Principal,
Exchange Traded Gold
Bernard Reilly, Senior Managing Director,
State Street Global Advisors
Heng Swee Keat, Managing Director,
Monetary Authority of Singapore
Hsieh Fu Hua, Chief Executive Officer,
Singapore Exchange
Hon Cheung, Managing Director,
State Street Global Advisors, Singapore |
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Left to right: Albert Cheng,
Director,
WGC (FE) Pte. Ltd.
Stuart Thomas, Principal,
Exchange Traded Gold
Bernard Reilly, Senior Managing Director,
State Street Global Advisors
Heng Swee Keat, Managing Director,
Monetary Authority of Singapore
Hsieh Fu Hua, Chief Executive Officer,
Singapore Exchange
Hon Cheung, Managing Director,
State Street Global Advisors, Singapore |
*Potential investors should be aware that
while the World Gold Council has consented to the use of the gold
logo in each prospectus and on this website it has not otherwise
caused or authorised the issue of each prospectus and takes no
responsibility as to the contents of the prospectus or this website.
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Some of the information offered in this site can be downloaded
in PDF format. In order to view these files, you must have
the Adobe Acrobat Reader installed. A free version can
be downloaded from Adobe's
Web Site. |
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