226.95000 EUR
1.75
0.78%
Last update Dec 15, 7:47 PM CET
Market closed
Day range
225.80000
227.5
Previous close
225.20000
Open
225.80000
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SPDR MSCI Europe Consumer Staples ETF
226.95
1.75
0.78%

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
Germany
MIC code
XDUS
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