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SPDR Straits Times Index ETF Highlights Investment Opportunities in Singapore Market

Story Highlights
  • SPDR Straits Times Index ETF offers a passive investment approach replicating the STI.
  • The fund provides a cost-effective way to access Singapore’s equity market with a 0.28% expense ratio.
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SPDR Straits Times Index ETF ( (SG:ES3) ) has shared an announcement.

The SPDR Straits Times Index ETF aims to closely replicate the performance of the Straits Times Index by investing in its constituent companies. With a low expense ratio of 0.28%, the fund offers a cost-effective way for investors to gain exposure to the Singapore equity market. This announcement underscores the fund’s commitment to providing a reliable investment tool for both long-term and short-term investors, potentially enhancing its appeal and market positioning.

More about SPDR Straits Times Index ETF

SPDR Straits Times Index ETF is an exchange traded fund managed by State Street Global Advisors Singapore Limited. It focuses on providing a low-cost, passive investment approach by replicating the performance of the Straits Times Index, which consists of major companies in Singapore. The fund is suitable for investors seeking long-term investment in the Singapore market or short-term trading opportunities.

Average Trading Volume: 797,249

Find detailed analytics on ES3 stock on TipRanks’ Stock Analysis page.

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