The Wilshire wShares Enhanced Gold Trust (the 'Fund' or 'WGLD') seeks to closely reflect the performance of the Wilshire Gold Index (the 'Index') less the Fund's liabilities and expenses. WGLD rebalances physical gold and cash utilizing a rules-based methodology that automatically adapts to market conditions within the gold and US equity markets (the 'S&P 500®'). The Fund's purpose is to seek to outperform a stand-alone investment in gold and reduce its risk profile without the use of any futures, leverage, or derivatives.