199.070007 GBP
0.85
0.43%
Last update Dec 16, 4:22 PM GMT
Market closed
Day range
199.070007
199.13811
Previous close
199.92000
Open
199.13811
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SPDR MSCI Europe Consumer Staples ETF
199.07
0.85
0.43%

Overview

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Description

SPDR MSCI Europe Consumer Staples ETF is an exchange-traded fund designed to provide investors with exposure to the consumer staples sector across European markets. The primary purpose of this ETF is to track the performance of the MSCI Europe Consumer Staples Index, which includes companies involved in essential products and services such as food, beverages, tobacco, and household goods. Key industries impacted by this sector include packaged foods, personal care products, and supermarkets. This ETF offers diversification across a basket of consumer staple companies, thereby reducing sector-specific risks. By investing in SPDR MSCI Europe Consumer Staples ETF, market participants gain access to some of the most stable and resilient industries in the European economy. Consumer staples companies are known for their consistent demand regardless of economic cycles, which positions this ETF as an effective tool for investors looking to stabilize their portfolios. Its importance in the market lies in its ability to offer a focused approach towards investing in essential goods and services industries, reflecting the economic activities and consumption patterns across Europe. This ETF is most relevant for investors seeking steady, long-term growth potential in the consumer staples space.

About

Address
Phone
+353 1 776 3000
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
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