Overview
Description
The SPDR STOXX Europe 600 SRI UCITS ETF Acc is an exchange-traded fund designed to provide investors with exposure to a diversified selection of European companies excelling in sustainable business practices. Its primary function is to track the performance of the STOXX Europe 600 SRI Index, which focuses on companies within the STOXX Europe 600 Index that meet stringent social responsibility criteria. This ETF plays an integral role in promoting environmentally and socially responsible investment by focusing on sectors such as renewable energy, sustainable consumer goods, and ethical manufacturing processes.
Notably, the SPDR STOXX Europe 600 SRI UCITS ETF Acc excludes companies involved in controversial industries, such as weapons manufacturing, coal mining, and tobacco production, thereby aligning itself with the growing demand for ethical investing. By accumulating rather than distributing any dividends, this ETF reinvests earnings, potentially offering long-term growth in value. Its adoption across various portfolios underscores its importance, enabling investors to align financial goals with sustainability values and contributing to the broader trend of socially responsible investing in European markets.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR