Spdr S&P/Asx 50 Fund
SFY
Spdr S&P/Asx 50 Fund
What is Spdr S&P/Asx 50 Fund about?
SPDR S&P/ASX 50 Fund (ASX:SFY) is an exchange-traded fund that tracks the performance of the S&P/ASX 50 Index, which is a market-capitalization-weighted index of the 50 largest companies listed on the Australian Securities Exchange (ASX). The Fund is managed by State Street Global Advisors (SSGA), one of the world's leading asset managers. SFY's operations are simple: the Fund invests in the same securities as the S&P/ASX 50 Index in the same proportion. This means that SFY investors can gain exposure to the Australian stock market in a single trade, with low costs and high diversification.
Company Snapshot
Is Spdr S&P/Asx 50 Fund a public or private company?
Ownership
Public
How many people does Spdr S&P/Asx 50 Fund employ?
Employees
32
What sector is Spdr S&P/Asx 50 Fund in?
Sector
ETF
Where is the head office for Spdr S&P/Asx 50 Fund?
Head Office
Massachusetts, United States
What year was Spdr S&P/Asx 50 Fund founded?
Year Founded
2001
What are Spdr S&P/Asx 50 Fund’s services?
Overview of Spdr S&P/Asx 50 Fund offerings
Tracks S&P/ASX 50 Index: The fund tracks the S&P/ASX 50 Index, which is a market-capitalization-weighted index of the 50 largest and most liquid companies listed on the Australian Securities Exchange (ASX).
Provides Diversification: The fund provides investors with exposure to a diversified range of Australian companies across a variety of sectors.
Offers Low Tracking Error: The fund aims to track the S&P/ASX 50 Index as closely as possible, with a low tracking error.
Is Liquid and Tradeable: The fund is liquid and tradeable on the ASX, which means that investors can easily buy and sell units in the fund.
Is Suitable for a Variety of Investors: The fund is suitable for a variety of investors, including individuals, institutions, and superannuation funds.
Is a Long-Term Investment Solution: The fund is a long-term investment solution, designed to help investors achieve their financial goals over the long term.
