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Case For Constructing Portfolios with SPDR® Gold Shares

5 min read

In this paper, we examined the results of adding an allocation to the SPDR Gold Shares comprising 2%, 5%, and 10% of a multi-asset portfolio under a hypothetical scenario. The hypothetical portfolio is based on the concept of the Global Multi-Asset Market Portfolio developed by State Street Global Advisors Investment Solutions Group and incorporates additional assumptions for the purpose of our case study.

From an asset allocation perspective, hypothetical portfolios with the SPDR Gold Shares allocation had better risk-adjusted returns.

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