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SPDR S&P Emerging Latin America ETF Stock Quote & Summary Data

(ETF)
GML 
$67.703
*  
0.547
0.8%
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*Delayed - data as of Jul. 23, 2014  -  Find a broker to begin trading GML now


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Description

The SPDR S&P Emerging Latin America ETF seeks to replicate as closely as possible, before fees and expenses, the total return performance of the S&P Latin America BMI Index. The Index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging Latin American markets. The Index component securities are a subset, based on region, of component securities included in the S&P BMI Global Equity Index ("Global Equity Index"). The Global Equity Index is a comprehensive, float-weighted, rules-based benchmark that is readily divisible and customizable. A country will be eligible for inclusion in the Global Equity Index if it has a float-adjusted market capitalization of $1 billion or more and its market capitalization constitutes at least 40 basis points in either a developed or emerging market. All publicly listed companies with float-adjusted market capitalization of a minimum of $100 million and at least $50 million annual trading volume are included for each country. Under normal market conditions, the Fund generally invests substantially all, but at least 90%, of its total assets in the securities comprising the Index.


Underlying Index S&P Latin America BMI Index
Management Fee 0.59
Asset Class Equity
Leverage 1

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