Technology Select Sector SPDR® Fund company info

What does Technology Select Sector SPDR® Fund do?
The Technology Select Sector SPDR® Fund (NYSE:XLK) focuses on delivering investment results that, before expenses, correspond generally to the price and yield performance of the Technology Select Sector Index. Primarily invested in technology and telecommunication services sectors, this fund aggregates a portfolio consisting of the biggest companies in the tech domain, such as software developers, hardware manufacturers, and internet services providers. Its operations encompass managing and reallocating assets to align with the sector's performance and growth potential. The objective of Technology Select Sector SPDR® Fund is to provide investors with a precise tool for accessing the technology sector's investment opportunities, aiming for growth, diversification, and a bridge to innovation through a single transaction.
Technology Select Sector SPDR® Fund company media
Company Snapshot

Is Technology Select Sector SPDR® Fund a public or private company?

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Ownership
Public

What sector is Technology Select Sector SPDR® Fund in?

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Sector
ETF

Where is the head office for Technology Select Sector SPDR® Fund?

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Head Office
Boston, United States

What year was Technology Select Sector SPDR® Fund founded?

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Year Founded
1998
What does Technology Select Sector SPDR® Fund specialise in?
/Equity Investments /Financial Services /Index Tracking /Market Portfolio /Investment Management /Risk Management

What are the products and/or services of Technology Select Sector SPDR® Fund?

Overview of Technology Select Sector SPDR® Fund offerings
The 'Tech Fund' offers investment opportunities in leading tech companies, providing both growth and income options.
It grants exposure to hardware, software and semiconductor industries, facilitating diverse portfolio creation.
The Fund serves a tool for asset allocation strategies, allowing changes based on market cycles.
It simplifies the process for investors to access technology-specific stocks.
The 'Tech Fund' offers potential for high gains, keeping in mind the inherent market risk.
It plays a key role in sector rotation strategies, assisting investors shift sector-specific investments.