Small Trades Journal

SPY was the first exchange-traded index fund sold in the U.S. Stock Market.   Today’s investment goal remains the same from inception: to earn returns, before expenses, that correspond to the price and yield performance of the S&P 500 Total Return Index.  The S&P 500 index measures the intraday value of the 500 largest stocks listed in U.S. stock exchanges.  SPY’s annual expense ratio is 0.09% and the Fund is considered to be tax-efficient.   It is structured as a unit investment trust (UIT) to protect the Fund from management error.  The following profile and scorecard support a long-term investment in SPY.

Profile

Scorecard

Copyright © 2013 Douglas R. Knight

This entry was posted on Friday, July 12th, 2013 at 1:35 pm and is filed under do-it-yourself investing, exchange-traded fund (ETF), Indexing, Personal finance, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.