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Motilal Oswal MOSt Shares Gold ETF - An Open Ended Exchange Traded Fund
Gold
The desire for gold is the most universal and deeply rooted commercial instinct of the human race - Gerald M. Loeb
Gerald Loeb (1899 - April 13, 1974) was a founding partner of E.F. Hutton & Co., a renowned Wall Street trader, and the author of the books The Battle For Investment Survival and The Battle For Stock Market Profits. Loeb promoted a view of the market as too risky to hold stocks for the long term in contrast to well known value investors. He also created the Gerald Loeb Award, given annually for excellence in various categories of financial journalism.
1.00 0.16 0.12 -0.03 0.18 1.00 0.85 0.15 0.99 1.00 0.21 0.86 1.00 0.16 1.00
Gold is an Effective Diversifier - Helps to contain Portfolio Risk. Low correlation with major asset classes . Past Correlations may or may not be observed in future.
Source: Bloomberg as on 15th Feb 2012. All figures in local currency
Jewellry 57%
Investment 31%
Significant physical demand: Gold Demand for Jewellery is almost twice that of investment demand
Industrial 12%
Gold in India
18000 tonnes worth just under USD 1 trillion or 11% of global stock Represents approx. 15 gms gold per capita holding ETF Holdings currently just at USD 2.7 bn or approx 0.27% of national gold holdings Almost all gold is held as bullion or jewelry Significant demand for investment gold destined for consumption
Source: GFMS, World Gold Council and internal analysis . Data as on 17th May, 2011
The statements contained herein may include statements of future expectations and other forward-looking statements that are based on external current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Please refer to the Scheme Information Document for further information.
Jewellers
The above premium over spot prices may differ from bank to bank and jeweller to jeweller
Pure Imported Gold Certified by one of five 'Approved Good Delivery Referees' of the London Bullion Market Association (LBMA) Responsible for the testing of samples, the provision of reference samples, and other functions in support of the 'Good Delivery' system
The 10 gm bar Individually registered and sealed in protective Certicard packaging Official Assay Certificate that guarantees fine gold content and weight
For details of gold collection, please refer our website & Scheme Information Document (SID) of MOSt Gold Shares
Jeweller N.A.
N.A. Physical (Bars / Coins) Differs from one to another. Neither transparent nor standard. Cant Say Yes Yes Only after 3 years
Bank N.A.
N.A. Physical (Bars / Coins) Differs from bank to bank. Not Standard. High Yes Yes Only after 3 years
Purity Risk of Theft Wealth Tax Long Term Capital Gains Tax Liquidity
99.5% or higher No, Secured Vaults No Indexation benefit after one year High
99.5% or higher No, Secured Vaults No Indexation benefit after one year High
Low on Liquidity
For further details, please refer Scheme Information Document (SID) of MOSt Gold Shares
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For further details and delivery charges, please refer to the Scheme Information Document (SID) of MOSt Gold Shares
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T+2 R&T agent credits the ETF units into the investor`s DP A/C.
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T+5 Gold released for delivery after person/document verification at gold collection centre Gold Delivered and Acknowledgement Accepted R&T agent cancels the ETF units AMC deposits the cash component if any into the bank
The above process flow is only for understanding purpose and may vary from case to case. For further details, please refer Scheme Information Document (SID) of MOSt Gold Shares
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Disclaimer: The information contained in this document is for general purposes only and not a complete disclosure of every material fact and terms and conditions and features of the Scheme. The information / data herein alone is not sufficient and shouldnt be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions and data included in this document are as on date and are subject to change without notice. While utmost care has been exercised while preparing this document, Motilal Oswal Asset Management Company Limited does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Readers shall be fully responsible/liable for any decision taken on the basis of this document. No part of this document may be duplicated in whole or in part in any form and/or redistributed without prior written consent of the Motilal Oswal Mutual Fund/Motilal Oswal Asset Management Company Limited. Readers should before investing in the Scheme make their own investigation and seek appropriate professional advice. Statutory Details: Constitution: Motilal Oswal Mutual Fund has been set up as a trust under the Indian Trust Act, 1882. Trustee: Motilal Oswal Trustee Company Limited. Investment Manager: Motilal Oswal Asset Management Company Ltd. Sponsor: Motilal Oswal Securities Ltd. Risk Factors: (1) All Mutual Funds and securities investments are subject to market risks and there can be no assurance that the Schemes objectives will be achieved (2) As the price/value/interest rates of the securities in which the Scheme invests fluctuates, the Net Asset Value (NAV) of the Scheme may go up or down depending upon the factors and forces affecting the securities market (3) Past performance of the Sponsor/AMC/Mutual Fund and its affiliates does not indicate the future performance of the Scheme and may not provide a basis of comparison with other investments (4) Motilal Oswal MOSt Shares Gold ETF (MOSt Gold Shares ) is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme, its future prospects and returns. (5) The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Mutual Fund beyond the initial contribution made by it of an amount of Rs. 1 Lac towards setting up of the Mutual Fund (6) The present Scheme is not a guaranteed or assured return Scheme. (7) Mutual Fund investments are subject to market risks, read all scheme related documents carefully. (8) Investment in the scheme shall be subject to various other risk factors including but not limited to risk associated with investment in Gold, currency risk, exchange rate risk, tracking error risk, etc. For further Scheme Specific Risk Factors & other details, please read the Scheme Information Document (SID) & Statement of Additional Information (SAI) carefully before investing. Currently AMC is offering physical delivery of gold at Mumbai, Ahmadabad, Hyderabad & Bangalore. AMC shall roll out the services in phased manner across 22 locations in India.
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Call: 1800-200-6626 I SMS: MGOLD to 575753 E-mail: mfservice@motilaloswal.com Website: www.mostshares.com Website: www.motilaloswal.com/assetmanagement