The CoreShares S&P 500 ETF tracks the S&P 500® Index. The S&P 500® Index was created in 1957 as the first U.S. Market-Cap-weighted index. The S&P 500® index tracks 500 of the top companies in the U.S. economy. All the constituents must be U.S. companies with a market cap of USD 5.3 billion or greater.
Benefits to the investor:
- Exposure to the 500 largest, established U.S. companies
- Rand Hedge diversification benefits
- Suitable for investors who want broad offshore equity exposure