Overview
Description
SPDR S&P 500 UCITS ETF is an exchange-traded fund designed to mirror the performance of the S&P 500 Index, a benchmark index representing 500 of the largest companies listed on stock exchanges in the United States. The primary function of this ETF is to provide investors with a straightforward avenue to gain broad market exposure to significant sectors such as technology, healthcare, financials, and consumer goods, among others. Notable for its diversification benefits, the SPDR S&P 500 UCITS ETF allows investors to own a basket of stocks that reflects the risk and return characteristics of the broader U.S. equity market. This ETF is significant in the financial market as it enables both retail and institutional investors to partake in the growth of U.S. large-cap stocks through a single, liquid, and cost-efficient investment vehicle. As a UCITS-compliant fund, it adheres to strict European regulatory standards, enhancing its appeal to international investors seeking exposure to the pivotal movements in the U.S. economy.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL