ETF provides access to global infrastructure sector……
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A new exchange-listed multi-asset index fund issued by SPDR (State Street Global Advisors) has been tradable in Deutsche Börse’s XTF segment since Wednesday.
Name: SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF
Asset class: mixed fund ETF
ISIN: IE00BQWJFQ70
Total expense ratio: 0.40 percent
Distribution policy: distributing
Benchmark: Morningstar Global Multi-Asset Infrastructure Index
The SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF provides investors with access to the performance of selected equities and fixed-income securities from the Morningstar Global Multi-Asset Infrastructure reference index. The reference index currently tracks 18 industries relating to the infrastructure sector, including midstream oil and gas, energy providers, logistics and land transport, shipping and communication systems. It comprises equal proportions of equities and fixed-income securities.
Source: ETFWorld.co.uk
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