GLDB

Fund Description
The Fund seeks to track the performance of the Index. The Index is designed to provide broad exposure to the U.S. dollar-denominated investment grade corporate bond sector while at the same time mitigating or hedging against U.S. dollar currency risk through the implementation of a gold inflation hedge. The Index provides investment exposure to gold that approximately equals the investment exposure to the corporate bonds comprising the Index and, in doing so, attempts to provide investment exposure to U.S. dollar-denominated corporate bond investments as if such bonds were denominated in gold. The Fund cannot invest in the Index, but attempts to track the performance of the Index by investing in the underlying constituents that comprise the Index Components and by investing in securities that seek to maximize correlation with the Index Components. 2 The Fund s investment strategy is premised on the proposition that an investment in gold can potentially provide a hedge against inflation for a bond investment. Historically, the price of gold has generally risen when inflation was eroding the value of the U.S. dollar s purchasing power. Notwithstanding the foregoing, there is no guarantee that the price of gold will move as expected relative to the U.S. dollar, nor is there any guarantee that gold will act as an effective inflation hedge. It is possible that the prices of gold and investment grade corporate bonds may decline at the same time, resulting in a significant decline in the value of the Index.
Fund Profile
Fund Name Strategy Shares Gold-Hedged Bond ETF
Fund Exchange Ticker GLDB
Fund Sponsor Strategy Shares
Fund ISIN US86280R8786
Net Expense Ratio 0.79 %
Fund Inception Date 17 May 2021
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name Solactive Gold-Backed Bond Index
Index Provider Solactive AG
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Bond Type Corporate
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 14.04 Million (USD)
1 Month Total Return -6.02 %
Year To Date Return -16.64 %
1 Year Total Return -14.45 %
3 Year Annualized Total Return
NAV 20.0552
Share Outstanding 700,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
SSGH FUND LTD CFC MUTU 0.1275548300
CASH AND CASH EQUIVALENTS CASH 0.0627183500
ANHEUSER- 4.7% 02/01/36 BOND 0.0325645600
VERIZON C 4.522% 09/15/48 BOND 0.0320931800
WELLS FAR 3.% 10/23/26 BOND 0.0319786300
EQUINIX I 3.2% 11/18/29 BOND 0.0319319000
WALT DISN 2.65% 01/13/31 BOND 0.0315983000
JPMORGAN VRN 03/24/31 BOND 0.0313242500
CITIGROUP VRN 03/31/31 BOND 0.0305057000
BOEING CO 5.15% 05/01/30 BOND 0.0288576300