Welcome to SPDR® Long Dollar Gold Trust
WGC USA Asset Management Company, LLC, GLDW’s sponsor, has determined to voluntarily close GLDW and liquidate GLDW’s shares. The final day for authorized participants to place creation and redemption orders of Creation Units will be on September 6, 2019. Trading will be suspended on the NYSE Arca at the open of market on September 10, 2019. The proceeds of the liquidation are scheduled to be sent to shareholders on or about September 16, 2019.
The SPDR® Long Dollar Gold Trust (NYSEArca: GLDW) offers investors an innovative way to access the gold market by removing the potential negative influence of a strong U.S. dollar (USD) on the price of gold. GLDW seeks to track the daily performance of a long position in physical gold and a long position in the US dollar against a basket of non-US currencies, including the euro (EUR), Japanese yen (JPY), the British pound (GBP), the Canadian dollar (CAD), the Swedish krona (SEK) and the Swiss franc (CHF). The structure of this ETF effectively provides investors the benefit of owning an exposure to gold as though they had purchased it using a basket of six, non-US dollar currencies.