What Is Technology Select Sector?

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Author: Lorena
Published: 8 Jan 2022

A Replication Fund for the Technology Select Sector Index

The investment seeks investment results that correspond to the price and yield performance of publicly traded equity securities of companies in the Technology Select Sector Index. The fund uses a replication strategy in order to track the performance of the index, and typically invests in securities that are roughly the same in size as the index. It invests all of its assets in the securities of the index. The fund is notdiversified.

State Street Global Advisors

Past performance is not a guarantee of future results. You may have a gain or loss when shares are sold. Current performance may be higher or lower than stated.

The performance of an index is not a representation of an investment. It is not possible to invest in an index on your own. The Market Value return is calculated by taking the highest bid and lowest offer on the exchange for the shares of the Fund to be traded on and dividing that by the time that the NAV is calculated.

If you trade your shares again, your return may be different. Exchange traded funds are easy to trade. The investors buy and sell them through a broker.

Traditional stock trading techniques can be used by investors, including stop orders, limit orders, margin purchases, and short sales. They are listed on the stock exchanges. Exchange traded funds can be expected to move in value with the value of the applicable index.

Although the exchange may sell and buy shares through any account, they are not redeemed from the Fund. The Fund in Creation Unit Aggregations only allows investors to redeem their ETFs. The prospectus contains more information.

A Replication Strategy for a Mutual Fund

The fund uses a replication strategy in order to track the performance of the index, and typically invests in securities that are roughly the same in size as the index. It invests all of its assets in the securities of the index. The fund is notdiversified.

The Technology Select Sector SPDR Fund

Sector funds are index funds and are focused on certain sectors. A sector fund is a way to gain exposure to a sector with one investment. Sector fund investing is a way to increase your portfolio's diversity, but it should not be used for market timing.

Touch device users to explore. Technology Select Sector SPDR Fund is incorporated in the USA. The Technology Select Sector Index is tracked by the ETF.

The fund holds technology stocks. The largest investment allocation is in the US. Click on the name of the Select Sector SPDR to open the Fact Sheet.

MarketBeat: Stocks on Social Media

Wall Street analysts love to get stock ideas. The MarketBeat Idea Engine can give you short term trading ideas. MarketBeat has a report on which stocks are hot on social media.

The Technology Sector

The technology sector has a wide range of products and services for both customers and businesses. Consumer goods like personal computers, mobile devices, and other gadgets are continually being improved and sold to consumers with new features. The technology sector is a key part of the business side, as it provides critical information and services that allow companies to make strategic business decisions.

The term technology sector is often shortened to tech sector and used interchangeably with the term technology industry. The subsectors can be further broken down. Hardware breaks into things like laptops, desktops, and so on.

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