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Add a touch of gold

to your portfolio.
Invest in

NFO closes 28th April, 2009


Fund Facts:
l 1 unit gold ETF is approximately 1 gram of gold.
l Minimum initial investment is Rs. 5000/- and in multiples of Re. 1/- thereafter with no upper limit during the NFO
period.
l NAV disclosed on every business day.

SBI Gold Exchange Traded Scheme (SBI GETS) is a passively managed open ended Gold Exchange Traded Scheme,
which offers investors an innovative, relatively cost-efficient and secure way to access the gold bullion market. Gold
Exchange Traded Fund (Gold ETF) is intended to offer investors a means of participating in the gold bullion market
without taking physical delivery of gold, and to buy and sell units on Stock Exchange.

Call: 1800 22 30 40 • SMS 'SBIGETS' to 56161• Visit: www.sbimf.com


What is SBI Gold Exchange Traded Scheme (SBI GETS)?
It is an Open-Ended Gold Exchange Traded Fund, which would invest in gold and endeavor to track the price of
gold. The investment objective of the scheme is to seek to provide returns that closely correspond to returns
provided by price of gold through investment in physical Gold. However the performance of the scheme may differ
from that of the underlying asset due to tracking error. SBI GETS may thus be considered as a means of investing in
gold without taking physical delivery of gold. Units are being offered on a face value of Rs. 100 /- each (subject to
applicable load) and issued at a premium equivalent to the difference between allotment price and the face value
of Rs. 100/- during the New Fund Offer. Each unit of SBI GETS will be approximately equal to the closing price of 1
gram of gold on the date of allotment.

Asset Allocation:
Instruments Indicative allocations Risk Profile
(% of total assets)

Maximum Minimum High/Medium/Low

Gold and gold bullion 100% 90% Medium to High

Debt & Money Market Instruments 10% 0% Low

What are the benefits of investing in SBI GETS?


Ø Efficient diversification - for your investment portfolio.
Ø Easy Liquidity - through stock exchange.
Ø Ease of operations - through demat account.
Ø Hedge against inflation - to protect your wealth.
Ø Cost effective – No making charges and premia, as incurred in Jewellery and physical gold.
Ø Secure – Each unit is backed by physical Gold held in secured vaults
Ø Assured Purity - All gold bullion held in the scheme shall be of fineness of 995 parts per 1000.
Ø Smaller unit size - You can invest in as low as one unit of SBI GETS i.e. approximately equal to one gram of Gold.

SBI GETS and Physical Gold – A comparative chart


Benefits Physical Gold SBI GETS

Control on quality of gold No Yes

Cost of holding High Low

Risk of theft Yes No

Available in small denominations Yes Yes

Investment horizon Long term Long term

Requirements for subscribing units of SBI GETS


Ø Units of SBI GETS will be available only in dematerialized form.
Ø An investor is required to have beneficiary account with Depository Participants of NSDL/CDSL and will be
required to indicate in the application the DP’s name, DP ID number and its beneficiary account no. with DP.

STEPS IN BUYING SBI GETS


During New Fund Offer (NFO):
Investments can be made through duly filled application form along with cheque favoring SBIMF – SBI Gold
Exchange Traded Scheme. Application can be made at our Investor Service Centers / Investor Service Desks or
through any official points of acceptance of SBI Mutual Fund.
During Continuous Offer:
Post NFO i.e. during continuous offer, investors can buy and sell units of SBI GETS from National Stock Exchange,
just like any other listed security. The minimum number of units that can be bought or sold through the stock
exchange is 1 (one) unit. Authorized Participants (APs) ensure liquidity for SBI GETS units in the stock exchanges
where the units are listed. APs offer buy and sell quotes in the market such that buy and sell orders get executed in
the market subject to price compatibility.

Secondary Market (Through a Broker):


Step 1: Open a trading & demat account with a broker registered with National Stock Exchange (in case you don’t
have an existing one)
Step 2: Place an order for SBI GETS units with your broker.
Step 3: Broker executes the order on the NSE terminal
Step 4: Broker confirms the order to you and issues Contract Note for the trade
Step 5: You issue the Demat instructions and the Cheque for the purchase consideration (in case the DP and
Broker are different)
Step 6: Units are credited to your demat account on Trade Day + 2nd day

Similar process applies for sale transactions.

Why should you invest in SBI GETS?


SBI GETS would invest in Gold & Gold Bullion, and endeavour to track the price of gold. Gold as an asset class has
shown relatively good performance in the past, investing in gold acts as an effective portfolio diversifier. The
following table illustrates returns of gold:

Period Returns from Gold


(CAGR %)
1 yr 17.22
2 yr 28.36
3 yr 24.36
4 yr 25.14
5 yr 21.11

(Returns as on March 24, 2009. Source: Bloomberg; The above returns are of London Bullion Market Association (LBMA) gold.
Past performance may or may not be sustained in the future.)

Why SBI Mutual Fund?


SBI Mutual Fund, one of the country’s premier fund houses, with over 20 years of rich experience in fund
management, is a joint venture between the State Bank of India, India’s largest bank and Société Générale Asset
Management, one of the world’s leading fund management companies. Today SBI Mutual Fund is one of the
largest AMC in the country managing assets over Rs. 27600 crores (as on February 28th 2009. Source:
www.amfiindia.com). The fund house serves its vast family of over 5.5 million investors (Calculated on the basis of
live folios as on 28/02/2009) by reaching out to them through a network of over 200 points of contact.

NFO closes 28th April, 2009


INVESTOR SERVICE CENTRES / INVESTOR SERVICE DESKS
NORTH SOUTH EAST WEST
Investor Service Centres Investor Service Centres Investor Service Centres Investor Service Centres
Chandigarh : (0172) 2709728, Bengaluru : (080) 22272284, Bhubaneshwar : (0674) 2392501 Ahmedabad : (079) 26423070, 26423060
2711869
22122507, 22123784, Guwahati : (0361) 2463747, Bhopal : (0755) 2557341, 4288277
Gurgaon : (0124) 4200828
Jaipur : (0141) 2567354, 2574134 Chennai : (044) 28331384, 2463704 Bhilai : (0788) 4010955, 2273261,
Kanpur : (0512) 2331631 28331385, 42317230 Kolkata : (033) 22882339, 2272344
Lucknow : (0522) 2286741, 2286742 Coimbatore : (0422) 2540666, 2882341 Goa : (0832) 6642475, 2235283
Ludhiana : (0161) 2449849, 2449859 2541666 Indore : (0731) 4045944
Patna : (0612) 2219232,
New Delhi : (011) 23466666 Ernakulam : (0484) 2323489,
3242047 Mumbai : (022) 66532800
2318886
Investor Service Desks Ranchi : (0651) 2213413 Nagpur : (0712) 6458368
Hyderabad : (040)24756241,
Agra : (0562) 3255061 24756066, Siliguri : (0353) 2537065, Pune : (020) 25761524,
Ajmer : (0145) 2426284 Thiruvananthapuram : (0471) 6457051, 2534206 25670961
Allahabad : 09838070470 6457053, Surat : (0261) 3994800
Amritsar : (0183) 2221755 Vijayawada : (0866)2574113, Vadodara : (0265) 2323010
Bhatinda : 09914208415 2578215
Dharamshala: 09805344257
Dehradun : (0135) 2651719 Investor Service Desks Investor Service Desks Investor Service Desks
Faridabad : 09999029351
Belgaum : 09980972463 Dhanbad : (0326) 2301545 Anand : 09638046060
Ghaziabad : (0120) 2797582
Bellary : 09740072463 Durgapur : (0343) 2544191 Aurangabad : (0240) 3244781
Gorakhpur : 09918001822
Howrah : 09830766584 Bhavnagar : 09979920842
Hissar : 09729008415 Calicut : 09995806400,
Jammu : 09906909643 Hubli : (0836) 2368477 Jamshedpur : 09934360079 Chinchwad : (020) 32605966
Jalandhar : 09855669498 Rourkela : (0661) 2512311 Gwalior : 09977500199
Madurai : (0452) 4374242
Jhansi : 09838476959 Jamnagar : 09979869990
Mangalore : (0824) 2445892
Jodhpur : 09929098355 Jabalpur : 09977500198
Mysore : (0821) 4242919
Kota : (0744) 2390631 Kolhapur : 09822243954
Meerut : 09927239025 Rajahamundry : 09959911874 Nashik : (0253) 6575888
Moradabad : (0591) 2411411 Salem : 09715888008 Raipur : (0771) 2543355
Noida : (0120) 4232214 Tirupathi : (0877) 6450828 Rajkot : (0281) 2239437
Panipat : 09896152400
Trichy : (0431) 4000667 Thane : (022) 25401690
Patiala : 09814488415
Shimla : (0177) 2807608 Thirunalveli : (0462) 4220023
Srinagar : 09419023946 Vishakhapatnam : (0891) 3293018
Varanasi : (0542) 2222492 Warangal : 09959911873

Name of Scheme: SBI Gold Exchange Traded Scheme (SBI GETS). Type of Scheme: An open ended gold exchange traded scheme. Investment Objective: The investment
objective of the fund is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold. However the performance of the
scheme may differ from that of the underlying asset due to tracking error. Asset Allocation: Gold and gold bullion – 90 – 100 %, Debt & Money Market Instruments – 0 – 10%.
Minimum Investment size: Rs. 5000/- and in multiples of Re. 1 thereafter. Load Structure: Entry Load: Up to Rs. 25 Lakhs - 2.50 %, From Rs. 25 Lakhs to Rs. 50 Lakhs - 1.50%,
From Rs. 50 Lakhs to Rs. 1 Crore - 1.00 %, Rs. 1 Crore and above – Nil, Exit Load: Nil. Terms of Issue: Liquidity: To provide liquidity to investors, the units of SBI GETS would be
listed in the National Stock Exchange. Risk Factors: Mutual Funds and Securities Investments are subject to market risks and there is no assurance or guarantee that the objective
of scheme will be achieved.As with any other investment in securities, the NAV of the Units issued under the scheme can go up or down depending on the factors and forces affecting
the securities market. Past performance of the Sponsor/AMC/Mutual Fund/Scheme(s) and their affiliates do not indicate the future performance of the scheme of the Mutual Fund.
SBI Gold Exchange Traded Scheme is only the name of the scheme and does not, in any manner, indicate either the quality of the scheme or its future prospects and returns. The
NAV of the units is closely related to the value of gold held by the scheme. The value (price) of gold may fluctuate for several reasons and all such fluctuations will result in changes in
the NAV of units under the scheme. The factors that may effect the price of gold, among other things, include demand and supply for gold in India and in the Global market, Indian and
Foreign exchange rates, Interest rates, Inflation trends, trading in gold as commodity, legal restrictions on the movement/trade of gold that may be imposed by RBI, Government of
India or countries that supply or purchase gold to/from India, trends and restrictions on import/export of golden jewellery in and out of India, etc. There is no Exchange for physical
gold in India. The Mutual Fund may have to buy or sell gold from the open market, which may lead to counter party risks for the Mutual Fund for trading and settlement. The returns
from physical Gold in which the Scheme invests may under perform returns from the securities or other asset classes. There is a risk that part or all of the Scheme's gold could be lost,
damaged or stolen. Access to the Scheme's gold could also be restricted by natural events or human actions. Any of these actions may have adverse impact on the operations of the
scheme and consequently on investment in units. As the scheme proposes to invest not less than 90% of the net assets in Gold, the Scheme is a passively managed scheme and
provides exposure to Gold and Gold bullion and tracking its performance and yield as closely as possible. The Schemes’ performance may be affected by a general price decline in
the Gold prices. The Scheme invests in the physical Gold regardless of their investment merit. The Mutual Fund does not attempt to take defensive positions in declining markets.
Investors may note that even though this is an open-ended scheme, they will have to buy or sell units of the scheme on the stock exchanges where these units are listed for liquidity at
the market price, subject to the rules and regulations of the exchange. Tracking error may have an impact on the performance of the scheme. However the AMC will endeavour to
keep the tracking error as low as possible. Sizeable demand or supply of the units on exchange may lead to market price of the units to quote at premium or discount to NAV. Hence
the price of SBI GETS is less likely to hold significant variance (large premium or discount) from the latest declared NAV all the time. Conversion of the underlying physical Gold to
GETS may attract capital gains tax depending on acquisition cost and holding period. Repurchase of GETS or sale of GETS through stock Exchange may attract capital gain tax
depending upon the holding period of the units. SBI GETS is not an equity oriented Fund; therefore, tax benefit related to equity oriented Fund will not be available. The Mutual Fund
is not assuring any returns nor is it assuring that it will make periodic distributions by way of dividends. NSE Disclaimer: It is to be distinctly understood that the permission given by
NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or
completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of
‘Disclaimer Clause of NSE’. In the preparation of the material contained in this document, We have used certain information that is publicly available as well as information developed
in-house. Information gathered and used in this document is believed to be from reliable sources. The AMC however does not warrant the accuracy, reasonableness and/or
completeness of any information. For data reference to any third party in this material no such party will assume any liability for the same. All recipients of this material should before
dealing and/ or transacting, need to make their own investigation, seek appropriate professional advice and read the scheme information document carefully before investing.
Statutory details: SBI Mutual Fund has been set up as a trust under the Indian Trusts Act, 1882. State Bank of India (‘SBI’), the sponsor is not responsible or liable for any loss
resulting from the operation of the schemes beyond the initial contribution made by it of an amount of Rs. 5 lakhs towards setting up of the mutual fund. Asset Management
Company: SBI Funds Management Private Limited (A joint venture between State Bank of India & Société Générale Asset Management). Trustee Company: SBI Mutual Fund
Trustee Company Private Limited. A copy of the Scheme Information Document and Key Information Memorandum alongwith the application form may be obtained from our ISC’s,
ISD’s, SBI Mutual Fund Corporate Office, SBI MF agents or can be downloaded from website – www.sbimf.com. Please read the Scheme Information Document carefully
before investing.

SBI Funds Management Pvt. Ltd.


(A joint venture between SBI and Société Genéralé Asset Management)
Head Office : 191, Maker Tower 'E', Cuffe Parade, Mumbai-400 005.
Tel: (022) 2218 0221-27 • Fax: (022) 2218 9663

Call: 1800 22 30 40 • SMS 'SBIGETS' to 56161• Visit: www.sbimf.com

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