GWX Profile
The SPDR S&P International Small Cap ETF aims to provide investors with broad-based exposure to small-cap equity markets outside the United States. The fund strategically allocates a substantial portion, typically at least 80%, of its total assets to the securities that make up its underlying index, as well as to depositary receipts based on these securities. This investment approach ensures that the fund remains closely aligned with the performance of its benchmark index, capturing the dynamics of the international small-cap market.
The underlying index utilized by the fund is a float-adjusted, market capitalization-weighted benchmark. It is meticulously designed to represent and measure the performance of small-cap companies listed in developed markets outside of the U.S. By focusing on these smaller companies, the index provides exposure to a segment of the market that may offer growth opportunities distinct from those available in larger-cap stocks.
The fund’s investment strategy emphasizes diversification across a wide array of small-cap stocks from developed countries beyond the U.S., enabling investors to tap into the potential growth of smaller, internationally-based enterprises. This approach aims to balance risk and return by leveraging the performance of small-cap equities in various global markets, enhancing the fund’s ability to achieve its investment objectives.
Managed by State Street Global Advisors, the SPDR S&P International Small Cap ETF benefits from the firm’s extensive experience in managing global equity investments. Investors in the fund gain access to a well-structured, diversified portfolio of international small-cap stocks, aligning with the index’s criteria to capture a broad spectrum of growth opportunities in the global small-cap space while adhering to a disciplined investment approach.
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