ETFWorld.co.uk
SSGA SPDR ETF

SPDR ETF lists a new Equity ETF with two different classes

SPDR ETF Since Friday lists one new exchange traded fund with two different classes from SPDR are tradable on London Stock Exchange….

Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy


By ETFWorld.co.uk


Investment Objective

The investment objective of the Fund is to track the performance of global developed market equities with a higher weighting applied to equities exhibiting low valuation characteristics.

Investment Policy

The Fund seeks to track the performance of the MSCI World Value Exposure Select Index (the “Index”) as closely as possible.

The Fund is an index tracking fund

The Fund invests primarily in securities included in the Index. These securities include stocks that exhibit relatively higher value exposure within the MSCI World Index (which captures large and mid-sized companies across developed markets globally) while also seeking to avoid poor quality companies. The Fund seeks to hold all the securities of the Index with the approximate weightings as in that Index. The Fund will use a replication strategy to create a near mirror-image of the Index. In limited circumstances the Fund may purchase securities that are not included in the Index.

The Fund may use financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently.

Save in exceptional circumstances, the Fund will generally only issue and redeem shares to certain institutional investors. However, shares of the Fund may be purchased or sold through brokers on one or more stock exchanges. The Fund trades on these stock exchanges at market prices which may fluctuate throughout the day. Market prices may be greater or less than the daily net asset value of the Fund.

The Fund does not currently engage in securities lending

Name : SPDR MSCI World Value UCITS ETF (Acc)

ISIN : IE00BJXRT813

Asset Class : Equity

Fund Ticker : VALW

Trading Currency : GBP

Total Expense Ratio : 0.25%

Distribution policy : Accumulating

Reference index :  MSCI World Value Exposure Select Index


Name : SPDR MSCI World Value UCITS ETF (Acc)

ISIN : IE00BJXRT813

Asset Class : Equity

Fund Ticker : WVAL

Trading Currency : USD

Total Expense Ratio : 0.25%

Distribution policy : Accumulating

Reference index :  MSCI World Value Exposure Select Index

Source: ETFWorld.co.uk

Related Articles

Almalia to launch the world’s first actively managed global equity Shariah compliant ETF on London Stock Exchange

Editorial Staff

Invesco quotes 1 ETF on the London Stock Exchange

Editorial Staff

Amundi ETF lists a Bond ETF

Editorial Staff