![]() Seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the DJIA (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock Past performance is not necessarily an indication of how the Trust will perform in the future. Growth of $10,000 Investment Since Inception (1) (expenses that you pay each year as a percentage of the value of your investment)Ĭurrent Estimated Annual Trust Ordinary Operating Expensesįuture expense accruals will depend primarily on the level of the Trusts net assets and the level of expenses.Įxpenses have been restated to reflect current fees. (fees paid directly from your investment)Įstimated Annual Trust Ordinary Operating Expenses : Pay for purchases and sales of Units on the secondary markets. It does not reflect brokerage commissions that you may This table estimates the fees and expenses that the Trust pays on an annual basis, which you therefore pay indirectly when you buy and hold Units. ![]() The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the ∽JIA). No financial product offered by State Street Global Advisors Fundsĭistributors, LLC or its affiliates is sponsored, endorsed, sold or marketed by S&P, its affiliates or its third party licensors. Standard & Poors Financial Services LLC and has been licensed for use by S&P and sublicensed for use by State Street Global Advisors Funds Distributors, LLC. To use these trademarks and service marks pursuant to separate Sublicenses. The Trust is not sponsored, endorsed, sold or marketed by S&P, its affiliates or its third party licensors. The Trust, PDR Services LLC and NYSE Arca, Inc. S&P Dow Jones Indices LLC (S&P) and sublicensed for use by State Street Global Advisors Funds Distributors, LLC (formerly known as State Street Global Markets, LLC). ![]() Industrial Average SM, ∽JIA ®, ∽ow Jones ®, The Dow ® and ∽IAMONDS ® are registered trademarks and service marks of Standard & Poors Financial Services LLC, a division of S&P Global, and have been licensed for use by Purchases and Redemptions of Creation Units Statement of Assets and Liabilities October 31, 2017įinancial Highlights Selected data for a Unit outstanding throughout each year Report of Independent Registered Public Accounting Firm Principal Risks of Investing in the Trust No cash balance or cash flow is included in the calculation.The Trusts Investments and Portfolio Turnover Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. ![]() General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
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