ROKT Profile
The SPDR Kensho Final Frontiers ETF aims to provide investors with exposure to companies at the forefront of exploration and innovation in the realms of deep space and deep sea. Under normal market conditions, the fund allocates at least 80% of its total assets to the securities that constitute its underlying index. This index is meticulously designed to include firms whose technologies and services are pivotal in advancing human exploration beyond traditional frontiers.
The underlying index focuses on identifying companies engaged in cutting-edge research and development, as well as those commercializing technologies that support deep space and deep sea exploration. This encompasses sectors such as aerospace, marine technology, and other high-tech industries that are integral to the exploration of these challenging environments. The fund’s holdings are selected based on their contribution to technological innovation and their role in expanding the boundaries of human knowledge and capability.
In addition to investing in securities that are part of the index, the SPDR Kensho Final Frontiers ETF may also hold equity securities outside the index, as well as cash and cash equivalents or money market instruments. This flexibility allows the fund to manage liquidity and capitalize on investment opportunities that may not be represented in the index, ensuring a balanced approach to achieving its investment objectives.
As a non-diversified fund, the SPDR Kensho Final Frontiers ETF is concentrated in sectors directly related to its thematic focus on deep space and deep sea exploration. This concentration reflects the fund's commitment to investing in high-growth, high-innovation areas. By targeting these niche markets, the fund seeks to capture the potential for substantial advancements and investment returns driven by the latest developments in exploration technologies.
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