The Utilities Select Sector SPDR Fund is one of nine Select Sector SPDR Funds. Select Sector SPDR Fund shares are exchange-traded securities that represent ownership in any of nine Select Sector SPDR Funds. Each fund is designed to accumulate and hold a portfolio of common stocks, and seeks investment results that, before expenses, generally correspond to the price and yield performance of its benchmark Select Sector Index. There is no assurance that the price and yield performance of a specific Select Sector Index can be fully matched. Collectively the nine Select Sector Indexes represent all of the companies in the S&P 500 Index.
[1]
References
- ↑ NYSE.com's coverage of UXV