SP Funds S&P Global REIT Sharia ETF company info

What does SP Funds S&P Global REIT Sharia ETF do?
SP Funds S&P Global REIT Sharia ETF (NYSE:SPRE) is focused on providing investors with ethical investment opportunities in the global real estate market, adhering strictly to Sharia principles. This exchange-traded fund selects real estate investment trusts (REITs) that comply with Islamic law, aiming to generate competitive returns while ensuring investments align with Islamic ethical standards. The fund's portfolio is diverse, covering various sectors and geographic locations, to mitigate risk and capitalize on growth opportunities across the global real estate landscape. SP Funds S&P Global REIT Sharia ETF seeks to be a bridge for ethical investors looking to make an impact in their investment choices, showing a commitment to sustainability and ethical investing without compromising on performance.
SP Funds S&P Global REIT Sharia ETF company media
Company Snapshot

Is SP Funds S&P Global REIT Sharia ETF a public or private company?

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Ownership
Public

How many people does SP Funds S&P Global REIT Sharia ETF employ?

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Employees
37,469

What sector is SP Funds S&P Global REIT Sharia ETF in?

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Sector
ETF

Where is the head office for SP Funds S&P Global REIT Sharia ETF?

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Head Office
New York, United States

What year was SP Funds S&P Global REIT Sharia ETF founded?

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Year Founded
2020
What does SP Funds S&P Global REIT Sharia ETF specialise in?
/Real Estate Investment /Sharia Compliant /Global Exposure /Diversified Portfolio /Passive Investment /Exchange Traded Fund

What are the products and/or services of SP Funds S&P Global REIT Sharia ETF?

Overview of SP Funds S&P Global REIT Sharia ETF offerings
Sharia-Compliant REIT Exposure: SPRE focuses on REITs that comply with Islamic investment principles (Sharia Law). This means they avoid companies involved in certain activities like alcohol, gambling, or pork products.
Global REIT Diversification: The underlying index SPRE tracks invests in REITs from developed and emerging markets, offering exposure to a diversified pool of real estate assets globally.
Passive Management: SPRE is passively managed, meaning it tracks the performance of an underlying index and doesn't involve active security selection by a fund manager.
Potential for Income and Capital Appreciation: REITs generally distribute a portion of their rental income to shareholders, offering potential for regular income generation. Additionally, the value of the underlying REITs in SPRE can appreciate over time, providing potential for capital appreciation.
Expense Ratio: SPRE has an expense ratio, a fee that covers the cost of operating the ETF. It's important to consider this cost before investing.