SPDR MSCI Europe Health Care

ETF description

This ETF is designed to reflect the performance of companies in the healthcare sector across developed European countries. It includes businesses involved in a range of activities such as pharmaceuticals, medical equipment, biotechnology, and healthcare services.

This ETF may be suitable for those looking to add a sector‑specific element to their wider portfolio. It could also interest investors who believe the healthcare industry in Europe will continue to evolve or grow over time, and who are comfortable with the risks and opportunities that come with investing in a single sector.

Issuer details

SPDR ETFs (Standard & Poor’s Depositary Receipts), managed by State Street Global Advisors, are among the largest and most recognized ETFs in the world, with over $1 trillion in assets under management as of June 2024. SPDR offers a broad range of ETFs covering various market segments, including equities, fixed income, sector‑specific funds, commodities, and ESG (Environmental, Social, Governance) investments. Launched in 1993 with the SPDR S&P 500 ETF (SPY), the first ever ETF, SPDR ETFs are known for their strong emphasis on liquidity, transparency, and robust research and analysis. Notable ETFs in their lineup include the SPDR S&P 500 ETF (SPY), SPDR Gold Shares (GLD), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK), reflecting SPDR’s commitment to providing diverse and high‑quality investment options to meet the needs of various investors.

Index details

The MSCI Europe Health Care 35/20 Capped Index is a free float‑adjusted market capitalization weighted index that is designed to measure the equity market performance of constituents classified as Health Care (according to the Global Industry Classification Standard) in the MSCI Europe index.