KOMP Profile
The SPDR S&P Kensho New Economies Composite ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the S&P Kensho New Economies Composite Index. The fund is strategically focused on capturing the growth and innovation of companies that are at the forefront of technological advancements and economic transformation. These include sectors and industries engaged in robotics, automation, artificial intelligence, connected technologies, and enhanced processing capabilities.
Under normal market conditions, the ETF invests at least 80% of its total assets in the securities that make up the S&P Kensho New Economies Composite Index. This index is specifically designed to identify and track companies that are pivotal in driving technological change and innovation. The fund’s investment approach allows it to focus on a broad spectrum of industries where technological disruption and advancements are expected to create significant economic value.
The S&P Kensho New Economies Composite Index encompasses a diverse range of companies that are leading the way in the development and application of cutting-edge technologies. This includes firms engaged in the research, development, and commercialization of new technologies that are reshaping various aspects of the global economy. By targeting these companies, the fund aims to provide exposure to sectors that are likely to benefit from ongoing and future technological trends.
As a non-diversified fund, the SPDR S&P Kensho New Economies Composite ETF may have concentrated investments in specific sectors or industries related to technological innovation and economic transformation. This focus on a select group of high-growth, technology-driven companies means that the fund may experience higher volatility and greater fluctuations in performance compared to more broadly diversified investment vehicles. Investors should consider these factors when evaluating the potential risks and rewards of investing in the ETF.
|
