SPDR Kensho Final Frontiers ETF (XKFF)

Overview

The investment is designed to yield results that, before the deduction of fees and expenses, generally mirror the total return performance of the S&P Kensho Final Frontiers Index. Operating under normal market conditions, the strategy primarily allocates its assets—substantially all, but at a minimum 80%,—to securities that form the index. This index aims to encapsulate enterprises whose innovations are pivotal to the exploration domains of both deep space and the deep sea. Offering a non-diversified fund structure, it presents a focused investment outlook on cutting-edge sectors.

Products and Services

• Securities of the S&P Kensho Final Frontiers Index

  The core of the fund’s investments is in the securities that compose the S&P Kensho Final Frontiers Index. This selection targets companies involved in pioneering efforts towards exploring outer space and ocean depths, representing a commitment to capturing the growth potential within these futuristic sectors.

• Equity Securities Not Included in the Index

  Apart from the primary securities, the fund has the discretion to invest in equity securities that are not part of the S&P Kensho Final Frontiers Index. This allows for a flexible approach to include potentially profitable companies that fall outside the index but are aligned with its thematic focus on exploration and innovation.

• Cash and Cash Equivalents or Money Market Instruments

  In addition to the invested securities, the fund may allocate assets to cash, cash equivalents, or money market instruments. This aspect of the investment strategy offers liquidity and a buffer against market volatility, ensuring that the fund remains agile in its operational management.