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FNB500

JSE
10,983 ZAc
88
0.81%
Last update Jul 11, 3:19 PM SAST
Market closed
Day range
10,928
10,987
Previous close
10,895
Open
10,953
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FNB S&P 500 Feeder ETF
10,983.00
88
0.81%

Overview

Description

The FNB S&P 500 Feeder ETF is an exchange-traded fund designed to provide investors with exposure to 500 of the largest publicly traded companies in the United States, mirroring the performance of the S&P 500 Index. Its primary function is to facilitate investment in this benchmark index, representing a wide spectrum of industrial sectors including technology, healthcare, financial services, and consumer goods. This ETF allows for diversification, as it encompasses companies with significant market capitalization across various industries, mitigating risks associated with individual stock volatility. By closely tracking the S&P 500 Index, it plays a vital role in investment portfolios aiming to replicate or outperform general market trends. The FNB S&P 500 Feeder ETF is particularly beneficial for those looking to participate in the growth potential of the US stock market, while also simplifying the investment process by providing access to a broad market index through a single transaction. It is an essential tool for portfolio diversification and strategic asset allocation, offering liquidity and flexibility to both institutional and individual investors.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
South Africa
MIC code
XJSE
Market closed

Exchange is currently closed (non-working day)
Main market opens in 13 hours 35 minutes

19:24
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:00
All times are displayed in the Africa/Johannesburg timezone (SAST, UTC+02:00).