FITE Profile
SPDR S&P Kensho Future Security ETF is designed to provide investors with exposure to companies at the forefront of innovation in the future security sector. The fund typically invests at least 80% of its total assets in the securities that make up its underlying index. This index includes U.S.-listed equity securities, including depositary receipts, of companies based in both developed and emerging markets worldwide that are classified within the Future Security sector by the index provider.
The Future Security sector encompasses companies engaged in advanced security technologies and solutions. This includes firms specializing in cybersecurity, advanced surveillance systems, secure communications, and other cutting-edge technologies aimed at enhancing security and protection. The index identifies and includes companies that are pioneering developments in these areas, reflecting the rapid evolution and growing importance of security technologies in the global market.
Managed by State Street Global Advisors, the ETF benefits from the firm’s extensive experience in managing sector-specific investment products. State Street utilizes a rigorous selection process to ensure that the ETF’s holdings accurately represent the Future Security sector as defined by the index provider. The management team continuously reviews and adjusts the fund’s investments to maintain alignment with the index and to capitalize on emerging trends and innovations within the sector.
As a non-diversified fund, the SPDR S&P Kensho Future Security ETF focuses specifically on the future security sector, potentially leading to increased volatility compared to more broadly diversified funds. This targeted approach allows investors to gain concentrated exposure to high-growth areas within security technologies but also involves sector-specific risks. The ETF is designed for investors seeking to capitalize on advancements in security technology and the sector’s potential for growth.
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