STW – SPDR ASX 200 Fund – Index tracking fund.
- Security type: EXCHANGE TRADED FUND UNITS (7)
- Market Cap: 949,725,630
- Issued Shares: 30,350,351
- First listed: 27 Aug 2001
- 52-wk High: 58.4700
- 52-wk Low: 30.8700
- Div Yield: 10% + (approx)
- Full & interim dividends partly franked
- Dividend Reinvestment Plan
I figure its a good time to look at this index tracking fund....this fund trades just like
any stock....u buy and sell through your normal stock broker and can use conditional
The Share price is not as volatile as many other high volume stocks and typically trades
in a smaller range, as would be expected from a true index tracking fund. I would think
trading in this fund is a great way to trade with a high degree of safety as your never
exposed totally to disasters that impact individual company's or sectors...however your
also not 100% exposed to the upside of any commodity or sector move, like the current
Gold rush etc.
Anyway have a read
Interesting to see that STW held 15624 BHP shares on 20/11/08 with the BHP SP at around
$22, and how hold 14668 BHP shares with BHP's SP at $31.50...so sold as the SP went up.