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Investment Banking & Investment Services
Financial
ETF
SPDR S&P/ASX 50 Fund is an exchange traded fund launched by State Street Global Advisors, Australia Services Ltd. It is managed by State Street Global Advisors Australia Limited. The fund invests in the public equity markets of Australia. It seeks to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies. It seeks to replicate the performance of the S&P/ASX 50 Index, by investing in the stocks of companies as per their weightings in the index. The fund was formerly known as streetTRACKS S&P/ASX 50 Fund. SPDR S&P/ASX 50 Fund was formed on July 31, 2001 and is domiciled in Australia.
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