Overview
Description
The SPDR World Energy Fund is an exchange-traded fund (ETF) focused on offering investors exposure to the global energy sector. Its primary function is to track the performance of energy-related equities across developed markets, providing a diversified approach to investing in this vital industry. This includes companies engaged in the exploration, production, and distribution of energy resources such as oil, natural gas, and renewable energy. The fund is designed to reflect the broader energy market's dynamics and trends, capturing growth opportunities and structural changes within the sector. By encompassing a wide range of energy companies, including those exploring sustainable and alternative energy solutions, the SPDR World Energy Fund plays a significant role in the financial markets, allowing investors to gain exposure to a crucial segment of the global economy that impacts many other industries and sectors.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL