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How does bgld work?

*Unless otherwise stated, data provided by FactSet. BGLD aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary.

What is bgld ETF?

BGLD aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary.

Does bgld hold flex options or gold?

For tax purposes, the fund does not hold the FLEX options or gold directly but gets its exposure through a wholly-owned Cayman Island subsidiary. BGLD compensates for GLD’s losses between 5% and 15%, beyond it, the fund will experience all subsequent losses on a one-to-one basis.


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