Spdr S&P/Asx 200 Resources Fund Company Overview
Spdr S&P/Asx 200 Resources Fund
About Spdr S&P/Asx 200 Resources Fund
SPDR S&P/ASX 200 Resources Fund (ASX:OZR) is an exchange-traded fund (ETF) that seeks to track the performance of the S&P/ASX 200 Resources Index. The index represents the 200 largest Australian-listed companies in the resources sector, which includes companies involved in the mining, exploration, and processing of minerals, metals, and energy resources.
What is Spdr S&P/Asx 200 Resources Fund known for?
Snapshot
2011
Year founded
32
Employees
Massachusetts, United States
Head office
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Operations
All Locations
United States
Products and/or services of Spdr S&P/Asx 200 Resources Fund
- Tracks the performance of the S&P/ASX 200 Resources Index: This index represents the 200 largest Australian-listed companies in the resources sector. This includes companies involved in the mining, exploration, and processing of minerals, metals, and energy resources.
- Provides investors with exposure to the Australian resources sector: This sector is a major contributor to the Australian economy and is expected to continue to grow in the future. By investing in SPDR S&P/ASX 200 Resources Fund, investors can gain exposure to a diversified portfolio of Australian resources companies.
- Is a low-cost way to invest in the Australian resources sector: SPDR S&P/ASX 200 Resources Fund has a low management fee, which means that more of investors' money is working for them.
- Is traded on the Australian Securities Exchange (ASX) under the code MZZ: This means that investors can buy and sell units in the fund through their usual stockbroker.
- Is suitable for investors who are looking for exposure to the Australian resources sector, with the benefits of diversification and low cost: SPDR S&P/ASX 200 Resources Fund is a good option for investors who are looking to gain exposure to the Australian resources sector without having to pick individual stocks.
- Can be used to build wealth over the long term: The Australian resources sector has historically outperformed the Australian market as a whole over the long term. By investing in SPDR S&P/ASX 200 Resources Fund, investors can potentially build wealth over the long term.