SPDR ETF Since friday lists one new exchange traded fund on London Stock Exchange
By ETFWorld.co.uk
SPDR® MSCI World GBP Hdg UCITS ETF (Dist)
The investment objective of the Fund is to track the performance of large and mid-sized equities in developed markets globally.
The MSCI World 100% Hedged to GBP Index represents a close estimation of the performance that can be achieved by hedging the currency exposures of its parent index, the MSCI World Index, to the GBP, the “home” currency for the hedged index. The index is 100% hedged to the GBP by selling each foreign currency forward at the one-month Forward weight. The parent index is composed of large and mid cap stocks across 23 Developed Markets (DM) countries and its local performance is calculated in different currencies.
| Product Name | SPDR® MSCI World GBP Hdg UCITS ETF (Dist) |
| ISIN | IE0005POVJH8 |
| SEDOL | BRRF664 |
| Issuer | State Street Global Advisors Europe Limited |
| Trading Currency | GBP |
| Underlying | MSCI World 100% Hedged to GBP Index |
| Management Fee | 0.17% |
Source: ETFWorld.co.uk
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