Overview
Description
SPDR S&P 500 EUR Hedged Accumulating is an exchange-traded fund (ETF) designed to track the performance of the S&P 500 Index, while also mitigating the risk of euro currency fluctuations against the US dollar. As an accumulating ETF, it reinvests dividends back into the fund rather than distributing them to investors, which can be beneficial for those seeking to capitalize on compounding returns. This ETF is particularly appealing to European investors who wish to gain exposure to the US equity market without the added currency risk associated with a weakening euro. By focusing on the S&P 500, it provides access to the stock performance of 500 large-cap US companies across diverse sectors such as technology, healthcare, and financials, offering a comprehensive perspective on the American economy's top businesses. With its strategic currency hedging, the SPDR S&P 500 EUR Hedged Accumulating plays a significant role in diversified portfolios for investors seeking to balance risk while participating in US economic growth.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR