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Description:The SPDR S&P Emerging Europe ETF seeks to replicate as closely as possible, before fees and expenses, the total return performance of the S&P European Emerging Capped 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 European 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.
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| Top Holdings | ||
|---|---|---|
| 514098 | Gazprom Oao | 11.56% |
| B56C9L | Sberbank Of Russia | 7.82% |
| 318987 | Lukoil Oao | 7.8% |
| B03MYP | Turkiye Garanti Bankasi As | 3.63% |
| B114RK | Mmc Norilsk Nickel Ojsc | 3.52% |
| B01WHG | Surgutneftegas Ojsc | 3.37% |
| B0DK75 | Novatek Oao | 3.34% |
| B2QKYZ | Magnit Ojsc | 2.45% |
| MBT | Mobile Telesystems | 2.17% |
| 562403 | Cez As | 2.34% |
| 85749P9A | State Str Instl Liquid Resvs | 2% |
| 526325 | Kghm Polska Miedz Sa | 1.89% |
| B17FSC | Rosneft Oil Co | 2.01% |
| B1FLM0 | Uralkali Ojsc | 2.32% |
Data is provided by Zacks Investment Research