Overview
Description
SPDR MSCI Europe Utilities UCITS ETF is an exchange-traded fund that tracks the MSCI Europe Utilities 35/20 Capped Index, measuring the equity performance of large and mid-cap European companies in the utilities sector under the Global Industry Classification Standard. Managed by State Street Global Advisors Europe Limited and domiciled in Ireland, it uses a full replication method, holding around 24-25 stocks focused on electric utilities (52%), multi-utilities (33%), independent power producers (8%), water utilities (3%), and gas utilities (3%). Launched on September 30, 2001, with a low total expense ratio of 0.18%, the ETF follows an accumulation policy, reinvesting dividends for an index yield of approximately 4%. UCITS compliant and eligible for ISA and SIPP, it offers targeted exposure to this defensive sector across European markets, with assets under management around €690 million and support for securities lending to boost efficiency. Its base currency is EUR, providing investors a concentrated yet diversified stake in essential services amid varying economic conditions.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+353 1 776 3000
Website
Instrument type
ETF
Country
United Kingdom
MIC code
BCXE