GMF

SPDR S&P Emerging Asia Pacific ETF

$140.27
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The SPDR S&P Emerging Asia Pacific ETF (GMF) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging Asia Pacific BMI Index.

Overview

ETF tracking SPDR S&P Emerging Asia Pacific ETF

Issuer State Street
Inception Date 2008-11-07
Market Cap $399.8M
Average Volume N/A
Dividend Yield 1.74%
52-Week Range $101.11 - $143.58
VWAP $140.28

Performance

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Investment Summary

📎 Investment Objective

The SPDR S&P Emerging Asia Pacific ETF (GMF) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging Asia Pacific BMI Index.

🎯 Investment Strategy

The fund employs a passive management strategy, investing in a representative sample of securities included in the underlying index to seek to track its performance. The index includes large and mid-cap stocks from emerging market countries in the Asia Pacific region.

✨ Key Features

  • Provides exposure to emerging market equities in the Asia Pacific region
  • Tracks the S&P Emerging Asia Pacific BMI Index, a broad market index
  • Utilizes a passive, index-tracking investment approach
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging market risk: Investments in emerging markets may be subject to greater political, economic, and social instability, and volatility
  • Currency risk: The fund's returns could be reduced by currency fluctuations between the U.S. dollar and foreign currencies
  • Concentration risk: The fund's performance is closely tied to the Asia Pacific region and may be more volatile than more diversified investments
  • Liquidity risk: The fund may have difficulty trading certain securities at an optimal price

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to emerging market equities in the Asia Pacific region as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance who are comfortable with the volatility and risks associated with emerging markets.