Spend wisely, save more, knock off work really early.
|Name:||SPDR S&P/ASX 200 Resources Fund|
|Sector:||Equity - Australian Sectors|
|Benchmark:||S&P/ASX 200 Resources|
As the name suggests, this ETF tracks the performance of the S&P/ASX 200 Resources index.
The top 3 holdings of this fund (being BHP, Woodside and Rio Tinto) make up more than 50% of the fund. As I've mentioned elsewhere, this sort of concentration in Australian indexes is common and is something Australian investors should be aware of.
You can find out more about the fund here.
Go back to the main Exchange Traded Funds page.